Virtual TourMap

For SaleLandActive

703 W Magnolia Street

Leesburg, FL 34748

$849,000

67 Days On Site

  • 0.44Acres
  • CBDZoning
  • LakeCounty
Subdivision
Leesburg S Main St
County
Lake
MLS®
G5117119

Overview

Rare downtown Leesburg opportunity to develop a multi-story residential or commercial project or both at once(mixed use). Property is .44 +/- acres and zoned Central Business District (CBD) within historic downtown Leesburg, Florida. Zoning and Code would allow for as many as 6 stories (72’). Ideal location to eat/work/play in a historic downtown venue where one can walk everywhere. All information is believed accurate and correct but not guaranteed or warranted & subject to change without notice.

Listing Snapshot

Price
$849,000
Days On Site
67 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.44 Acres
Year Built
N/A
MLS® Number
G5117119
Status
Active
Property Tax
$515.93 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

6 items
Acres
0.44
Additional Property Use
Unimproved
Sewer
None, Public Sewer
Utilities
Sewer Available, Water Available
Water Source
None, Public
Zoning
CBD

Exterior Features

2 items
Lot Features
Corner Lot, Paved
Road Frontage
City Street

Community Features

4 items
MLS Area
34748 - Leesburg
Township
19S
Financing Terms Available
Cash, Conventional
Roads
Asphalt, Paved

Location

703 W Magnolia Street, Leesburg, FL 34748 · 34748 - Leesburg

Neighborhood & Commute

ZIP Code 34748

Median household income
$54,694
Income per person
$33,973
Households
19,808
Average household size
2.10
Median age
53.1

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Listing first seen on site
  3. Status changed to Active

Friends & Family

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Listing courtesy of GRIZZARD COMMERCIAL REALESTATE (352) 396-9136

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-07 11:35 AM EST

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