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About this home
Magnolia St is a home in Leesburg MC Willman Sub, Leesburg. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
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.
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The essentials
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$59,000
Time on market
77 days
Monthly payment
About $378/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $487 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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