Magnolia St, photo 1
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Overview

0 baLand
TypeLand
HOANone listed
Lot10,340 sqft

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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.

From the listing

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.

The essentials

On market
77 days
Annual tax
$487
Flood zone
X · Low risk
Lot
10,340 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$378/mo
Down payment (20%)
$11,800
Property taxes
$41/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
10,340 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
77
Flood Zone X
Annual Tax (2025)
$487
Parcel #
25-19-24-1100-00B-00301

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Leesburg MC Willman Sub
County
Lake
MLS Area
34748 - Leesburg
Lot Size
10,340 sqft
Corner LotOversized LotSidewalkPaved

Price history

Date
Event
Price
10/5/2026
Price change
Source: Stellar MLS #O6429120
$59,000-9.2%
-
Price change
Source: Stellar MLS #O6429120
$65,000-26.1%
7/29/2026
Listed for sale
Source: Stellar MLS #O6429120
$88,000

Neighborhood

Magnolia St
Leesburg, FL, 34748 · 34748 - Leesburg

Calculator

Est. monthly payment
$378/mo
Principal & interest$308
Property taxes$41
Insurance$30
Down payment20% · $11,800
Interest rate6.80%
Loan term

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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.

Have another question?

Brokered byCORCORAN PREMIER REALTYListing agent: Kim Lam, LLCListing data from Stellar MLS, MLS# O6429120.

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