589 S LEONA AVENUE, Lecanto, FL 34461

Property Description

Prime development opportunity in the heart of Lecanto! This 7.36-acre parcel offers a rare combination of size, zoning, and location, making it ideal for a residential or workforce housing community. Zoned MDR-MH (Medium Density Residential – including mobile homes), the property provides flexibility for a variety of development options including a mobile home park, tiny home community, or small rural subdivision. The property features approximately 331 feet of road frontage and nearly 1,000 feet of depth, creating an ideal layout for a thoughtfully designed community with internal road circulation. A conceptual site plan envisions up to 28 homesites arranged around a private oval roadway with a dedicated entrance off S Leona Ave, incorporating infrastructure such as street lighting, centralized mail stations, and fire hydrant access. The property is currently has a improved with an existing 3,600 SF residence and multiple structures with no contributory value and need to be demolished, offering flexibility for redevelopment or interim use. The land is partially cleared with mature trees providing natural privacy buffers, while the surrounding area reflects a mix of residential uses. The highest and best use is to capitalize on the existing mobile home zoning and meet the growing demand for affordable housing in the area. Located in a rapidly growing area of Citrus County, the property benefits from strong population trends and increasing demand for attainable housing options. Additionally, the property is situated in Flood Zone X, minimizing flood risk concerns for future development. This is a compelling opportunity for builders, investors, or developers seeking to unlock the full potential of a well-located, properly zoned development site.

Listing Status:

Active

Date Added:

April 20, 2026

Data Last Updated:

July 7, 2026 at 10:22PM

Listing Office:

LPT REALTY, LLC : 877-366-2213

Listing Agent:

Brittany Zapitz : 321-230-4445

MLS ID:

O6395290

Exterior

• Other Structures: Utility Building(s)

Location

• Road/Access: County Road
• Originating MLS: Stellar MLS
• County: Citrus

Lot

• Zoning: MDRMH(MSP 95-17 OR BLK 1108 PG 1375-1377) PCL C: COM AT NE COR OF SW1/4 SEC 2-19-18 TH S 0 DEG 32M 23S E AL E LN OF SW1/4 OF SEC 2 331.13 FT TO NE COR OF S1/2 OF NE1/4 OF NE1/4 OF SW1/4 OF SEC 2 TH S 89 DEG 54M 15S W AL N LN OF S1/2 OF NE1/4 OF NE1/4 OF S W1/4 309.4 FT TO POB TH S 89 DEG 54M 15S W AL N LN & AL N LN OF S1/2 OF NW1/4 OF NE1/4 OF SW1/4 OF SEC 2 A DIST OF 980.1 FT TO PT ON E R/W LN OF S LEONA AVE TH S 0 DEG 42M 28S E AL E R/W LN 331.26 FT TO PT ON S LN OF S1/2 OF NW1/4 OF NE1/4 OF SW1/4 O F SEC 2 TH N 89 DEG 53M 56S E AL S LN OF S1/2 OF NW1/4 OF NE1/4 OF SW 1/4 & AL S LN OF S1/2 OF NE1/4 OF NE1/4 OF SW1/4 OF SEC 2 A DIST OF 979.13 FT TH N 0 DEG 32M 23S W 331.16 FT TO THE POB DESC IN OR BK 2102 PG 1209 OR BK 2407 PG 2420 & OR BK 260518E-19S-02-0000-1A580
• Fencing: Partial
• Current Use: Multi Family

Utilities

• Utilities: Electrical NearbyWater AvailableWater Nearby
• Water: Well
• Sewer: Septic Needed

Financial

• Source: Stellar MLS
• Ownership: Fee Simple