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$550,000
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Property Description
Nearly 6 Acres in the Expanding Leesburg Growth Corridor - PUD Development Opportunity with Significant Residential Potential. Positioned in one of Leesburg's rapidly growing areas, this exceptional development site offers investors and builders the opportunity to capitalize on the region's increasing housing demand and ongoing expansion. The property carries a Planned Unit Development (PUD) designation designed to encourage flexible, innovative, and market-responsive development opportunities compatible with surrounding land uses and the City's Growth Management Plan. Potential uses may include single-family attached or detached residences, townhomes, villas, multi-family apartment communities, senior housing, or assisted living facilities-buyer to verify all intended uses, density allowances, and development requirements with the City of Leesburg Planning & Zoning Department. Current zoning may allow for up to 96 units, subject to verification. Strategically located between an established 55+ manufactured home community and an existing apartment complex, the site is ideally positioned as a natural extension of surrounding residential development. The area continues to experience strong population growth, increasing residential demand, and expanding infrastructure, making this an attractive opportunity for developers seeking a project in a high-growth corridor. Utilities are nearby, potentially supporting a more streamlined and cost-effective development process. Included in the offering are two parcels: ALT# 1773199 and ALT# 3859529. Opportunities offering this level of flexibility, scale, and future potential are becoming increasingly limited in the Leesburg market. Bring your vision and explore the possibilities this prime development site has to offer.
Full Property Details
Full Property Details for Gourley Ave
General
- Price: $550,000
- Taxes: $796 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: G5098327
- Updated: 5/15/2026
- Added to Site: 347 day(s) ago
Location
- Area: 34748 - Leesburg
- County: Lake
- Development Name: 34748 - Leesburg
- Driving Directions: Fron 27 in Leesburg, turn onto Center Street to Gourley on the right-hand side.
Community
- Community Name: 34748 - Leesburg
Utilities
- Sewer: None
- Water: None
- Utility Description: Electrical Nearby, Electricity Available, Other, Sewer Available, Sewer Nearby, Telephone Nearby, Water Available, Water Nearby
Structural Information
- Current Bldg. Use: Mixed Use
Lot Features
- Lot Size (Acres): 5.86
- Lot Size (Sq. Ft.): 255,262
- Lot Size: 5.86
- Lot Dimensions: 321 x
- Street/Road Desc.: Unimproved
Financial Considerations
- Price Per Acre: $93,857
- Tax Amount: $796.35
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: FROM SE COR OF NE 1/4 OF SE 1/4 OF SW 1/4 RUN N 89-20-40 W 416.46 FT N 0-14-50 E 98 FT FOR POB CONT N 0-14-50 E 502 FT N 89-20-40 W 165 FT S 0-14-50 W 320.91 FT S 88-30-20 E 100.33 FT S 02-04-22 W 179.73 FT S 89-20-40 E PARALLEL TO THE S LINE OF NE 1/4 OF SE 1/4 OF SW 1/4 A DIST OF 70.36 FT TO POB ORB 3964 PG 394 ORB 5231 PG 424
- Flood Zone Info: X
- APN: 221924000300017400
- Property ID: 221924000300017400
Listed by Patterson Realty
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Price & Sales History for Gourley Ave
Date
Details
Price
Change
Source
6/16/2025
Listed
$550,000
83.33%
MLS
12/12/2012
Sold
$300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for Gourley Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$498
13%
$36,175
15%
2023
$439
19%
$31,323
32%
2021
$369
-9%
$23,734
-9%
2022
$407
10%
$26,106
33%
2021
$369
30%
$19,618
25%
2018
$284
6%
$15,698
7%
2017
$267
-16%
$14,718
-15%
2019
$319
18%
$17,268
17%
2016
$271
-3%
$14,718
—
2015
$279
-1%
$14,718
—
2014
$282
4%
$14,718
—
2013
$270
—
$14,718
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Gourley Ave
Gourley Avenue, Leesburg, FL 34748 (MLS# G5098327) is a Lots/Land property with a lot size of 5.86 acres. Gourley Avenue is currently listed for $550,000 and was received on June 16, 2025. Want to learn more about Gourley Avenue? Do you have questions about finding other Lots/Land real estate for sale in Leesburg? You can browse all Leesburg real estate or contact a Coldwell Banker agent to request more information.

