Property
ActiveLand
1/14
$300,000

GOURLEY AVENUE

Leesburg, FL 34748
0
Beds
0
Baths
0
SqFt
5.86
Acres
STELLAR
#G5098327
Updated: Jun 29, 2026, 2:38pm

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.
Launch 3D Virtual Tour
Opens in a new window

Property Details

Site & Exterior
Current Use
Mixed Use
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
5.86
Lot Size Area
5.86
Lot Size Dimensions
321 x
Lot Size Square Feet
255262
Lot Size Units
Acres
Number Of Lots
2
Public Survey Range
24E
Public Survey Section
22
Road Surface Type
Unimproved
Total Acreage
5 to less than 10
Utilities
Electrical NearbyElectricity AvailableOtherSewer AvailableSewer NearbyTelephone NearbyWater AvailableWater Nearby
Zoning
PUD
Financials
Additional Parcels
Yes
Additional Parcels Description
22-19-24-0003-000-45700
Calculated List Price By Calculated Sq Ft
1.18
Contract Status Change Date
2025-06-16
Current Price
300000
Feed Types
BBO
Owner Name
LORD LYALL
Ownership
Fee Simple
Parcel Number
221924000300017400
Price Per Acre
51195
Public Survey Township
19S
Tax Annual Amount
796.35
Tax Block
000
Tax 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
Tax Year
2024
Construction
Building Area Units
Square Feet
Living Area Units
Square Feet

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34748 - Leesburg
Listing provided courtesy of STELLAR via IDX. Updated: Jun 29, 2026, 2:38pm.
Janice Patterson

Listing Agent

PATTERSON REALTY

Call Agent