589 S LEONA AVENUE, LECANTO, FL, 34461
Active109 days on marketListed Apr 20, 2026MLS #O6395290
About this home
589 S LEONA AVENUE
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.
Facts & features
The home at a glance
7.36 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,350 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,350/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Lecanto
Get to know Lecanto. See the full Lecanto guide →
LECANTO 34461 — neighborhood snapshot
Population
13,289
Median age
54.8
Median income
$60,795
Median home value
$287,200
Avg household
2.47
Households w/ children
979
For the school run
Citrus County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lecanto market
$340K → $346K
Lecanto median sold, yr/yr
96.6%
Sale-to-list ratio (12 mo)
Median sold price, Lecanto, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 94% above the LECANTO 34461 median. See the full Lecanto market guide →
Paper trail
This home's history
Reality check
What actually sold near 589 S LEONA AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$285,500
450 S EASY STREET · same community
3 bd · 2 ba · 1,767 sqft · $162/sqft · 85 DOM
Sold · Jun ’26$118,000
89 S SCARBORO AVENUE
1 bd · 1 ba · 672 sqft · $176/sqft · 52 DOM
Sold · Dec ’25$412,000
399 N CONRAD AVENUE
2 bd · 2 ba · 1,060 sqft · $389/sqft · 112 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 589 S LEONA AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 589 S LEONA AVENUE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
589 S LEONA AVENUE FAQs
What would the monthly payment be for 589 S LEONA AVENUE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,350/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 589 S LEONA AVENUE?+
The most recent tax bill on record (2025) was $1,814. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Lecanto?+
At $699,900, this home is listed about 94% above the Lecanto median of $360,000. The market section on this page shows how the area is trending.
Which schools are assigned to 589 S LEONA AVENUE?+
Central Ridge Elementary School (elementary), Citrus Springs Middle School (middle), Lecanto High School (high) — Citrus County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of LPT REALTY, LLC · Brittany Zapitz. MLS #O6395290.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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