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MAGNOLIA STREET

Lots/Land For Sale
$88,000

BTC: 1.38593590

ETH: 46.25152420

1 days
0 room(s)

Overview

Exceptional opportunity to build in the growing City of Leesburg! This prime residential or multifamily building site is one of the few remaining vacant parcels available within the city limits. Boasting frontage on two paved streets, the property offers excellent accessibility and flexibility for development. With the potential to split the lot (subject to city approval) or develop multiple residential units, this property offers outstanding opportunities for builders, investors, and developers. Conveniently located just minutes from vibrant Downtown Leesburg, UF Health Leesburg Hospital, shopping, dining, and local amenities, it's an ideal location for a custom home, income-producing property, or multifamily project. City water and sewer are available, making development even more convenient. Don't miss this rare chance to own a versatile piece of land in one of Leesburg's rapidly growing areas with endless possibilities.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.24 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$72,500
$61K – $198K
Confidence Low
List vs. estimate
$15K above estimate
List $88,000 · +21.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
10 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$487
2025
All facts and features
  • Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 251924110000B00301

    • Zoning: R-2

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Fire Hydrant

    • Phone Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $487

  • Source details

    • MLS ID: O6429120

    Other facts

    • Lot Features: Corner Lot / Oversized Lot / Sidewalk

    • Water Source: Public

    • Lot Size Dimensions: 148 x 106 x 48 x 52 x 100 x 52

    • Subdivision Name: LEESBURG MC WILLMAN SUB

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CORCORAN PREMIER REALTY