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GOURLEY AVENUE, LEESBURG, FL 34748

Lake County

Key Facts

5.86Lot (acres)

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.

Property Information

Property Type

Land

Lot Size

5.86 acres

Lot Dimensions

321x

Ownership

Fee Simple

Zoning

PUD

Days on Market

350

MLS® Listing#

G5098327

Property Features

Utilities

Electricity AvailableOtherSewer AvailableWater Available

Sewer

None

Water Source

None

Financial Details

Annual Taxes

$796

Tax year 2024

Parcel Number

22-19-24-0003-000-17400

Directions

Fron 27 in Leesburg, turn onto Center Street to Gourley on the right-hand side.

Affordability Calculator

$60,000

Estimated monthly payment

$1,597/mo

Principal $240,000 · Est. interest $334,821 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in LEESBURG, FL

$285,507
Median Listing Price
81
Median Days on Market
1,648
Median Sq Ft
$169
Median Price / Sq Ft
589
Active Listings
  • This home’s price is 5% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in LEESBURG, FL.

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

Listing Courtesy: PATTERSON REALTY - 352-409-4811

Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.

Last Updated: 2025-06-13

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Lake and Sumter. MLS® Listing#G5098327. © 2026EXIT Realty®. All rights reserved.