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$88,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 0.24 Acres
  • Updated 2 days ago
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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.

Full Property Details for Magnolia St

General

  • Price: $88,000
  • Taxes: $487 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: MidFloridaRegionalMLS
  • MLS ID: O6429120
  • Updated: 7/29/2026
  • Added to Site: 3 day(s) ago

Location

  • Area: 34748 - Leesburg
  • County: Lake
  • Development Name: 34748 - Leesburg
  • Subdivision: LEESBURG MC WILLMAN SUB
  • Driving Directions: E. Main Street to south on Lake Street to left on Magnolia Street. Property is on corner of Magnolia & Bisby Street.

Community

  • Community Name: 34748 - Leesburg

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Available, Fire Hydrant, Phone Available, Sewer Available, Water Available

Structural Information

  • Current Bldg. Use: Residential

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 10,340
  • Lot Size: 10340
  • Lot Dimensions: 148 x 106 x 48 x 52 x 100 x 52
  • Frontage: Street Paved, City Street
  • Street/Road Desc.: Paved, Unimproved

Financial Considerations

  • Price Per Acre: $366,667
  • Tax Amount: $487
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LEESBURG MC WILLMAN SUB S 48 FT OF LOT 3 LOT 4 BLK B PB 5 PG 34 ORB 6130 PG 316
  • Flood Zone Info: X
  • APN: 251924110000B00301
  • Property ID: 251924110000B00301
  • Block/Lot/Section: 00B

Listed by Corcoran Premier Realty

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Listing agent

— Magnolia St —

  • Corcoran Premier Realty

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for Magnolia St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/29/2026
Listed
$88,000
252%
MLS
4/13/2023
Sold
$25,000
—
Public Record
Get Price Alerts and Save Property
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 for Magnolia St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$491
54%
$30,559
—
2023
$319
37%
$30,559
67%
2021
$233
-5%
$18,336
—
2022
$244
5%
$18,336
—
2021
$233
41%
$18,266
100%
2018
$165
-1%
$9,133
—
2017
$166
-1%
$9,133
—
2019
$168
—
$9,133
—
2016
$168
-12%
$9,133
-9%
2015
$190
-1%
$10,007
—
2014
$192
-43%
$10,007
-45%
2013
$337
—
$18,329
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Corcoran Premier Realty

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Magnolia Street, Leesburg, FL 34748 (MLS# O6429120) is a Lots/Land property with a lot size of 0.24 acres. Magnolia Street is currently listed for $88,000 and was received on July 29, 2026. Want to learn more about Magnolia Street? 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.

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