531 S School Avenue, Lecanto, FL 34461

$184,000
3
BD
1
BA
1,664
SqFt

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Sold Price
$184,000
List Price
$199,000
Status
Sold
Days on Market
77
Closing Date
Sep 30, 2026
MLS#
CC855295
Property Style
Single Family
Year Built
1983
Bedrooms
3
Bathrooms
1
Living Area
1,664
Lot Size
160,688
Acres
3.69
Total Acreage
2 to less than 5

Property Description

INVESTOR ALERT! Opportunity Awaits on 3.69 Acres in Lecanto! Looking for acreage, location, and unlimited potential? This 3-bedroom, 1-bath concrete block home offers 1,663 living square feet and sits on a sprawling 3.69-acre parcel in the heart of Lecanto, Florida. Built in 1983, this property is ready for a complete transformation and presents an exceptional opportunity for investors, flippers, contractors, or buyers seeking a project with room to grow. Nestled on a beautiful oversized parcel with no HOA and no deed restrictions, you'll have the freedom to create the property you've always envisioned. The home has been vacant for many years and currently has no electric or water service. While the residence will require repairs and updates, its solid concrete block construction provides a foundation for restoration. The location is hard to beat! Enjoy convenient access to the Suncoast Parkway, Gulf to Lake Highway, shopping, dining, medical facilities, and everything Citrus County has to offer while still enjoying the privacy and space of country living. Whether you're looking to renovate, invest, or build your dream homestead, this rare acreage opportunity offers incredible potential at an affordable price. Make your showing appointment now!

Additional Information

Taxes
$2074
Community Features
No Deed Restriction
Property Description
One Story
Zoning
MDR
Floor
Other
Appliances
None
Air Conditioning
None
Exterior Construction
Stucco, Block
Roof
Shingle
Pool
No Pool
Garage Features
Shared Parking
Elementary School
Forest Ridge Elementary School
Middle School
Lecanto Middle School
High School
Lecanto High School
Flood Zone Code
X
Parcel ID
2277483
Legal Description
MAYFIELD ACRES UNREC SUBD (MSP 92-19 OR BK 961 PG 267) TRACT A: N1/2 OF NW1/4 OF NW1/4 OF SE1/4 OF SEC 2-19-18 LESS S 165.65 FT OF THE E 494 FT OF W 514 FT THEREOF & LESS & EXC W 20 FT THERE OF FOR RD R/W. TITLE IN OR B K 1418 PG 1459 & OR BK 1752 PG 1307

Listing courtesy of SAIL HOME REALTY.

Selling Office: ERA AMERICAN SUNCOAST REALTY.

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