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About This Home

This 3-bedroom, 1-bathroom single family at 531 S School Avenue in Lecanto, FL is listed for $224,999 ($135 per sqft). Built in 1983, the home offers 1,664 sqft of living space on a 3.69 acres lot.

Agent Description

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!

Key Features

  • Built in 1983
  • 3.69 acre lot

Property Details

1 story
1 full
1983

Monthly Cost Estimate

$1,203/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66

Estimates only. Actual payments may vary.

Location

531 S School Avenue

Lecanto, FL 34461

Mayfield Acres

Property Details

Flooring

Unfinished

Construction

Stucco

Parking

Assigned

Questions & Answers

This 3-bedroom, 1-bathroom single family at 531 S School Avenue is listed at $224,999 ($135/sqft). The estimated monthly payment is $975 based on 20% down at 6.5% interest.

Key features include: Built in 1983, 3.69 acre lot.

This property is listed by Nadeene Horak and can be reached at 3522076227 or nadeeneh@gmail.com.

NH

Nadeene Horak

Agent at Sail Home Realty

(352) 207-6227

Listed by Sail Home Realty · View on Broker Site

MLS# 855295· Source: listhub· Updated 1 days ago

Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

531 S School Avenue, Lecanto, FL 34461

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