531 S School Avenue
Lecanto, FL 34461
3
Bed
1
Bath
1,664Sqft
3.69Acres(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 1 Full Baths: 1 -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle Appliances: None -
Heating & Cooling
Cooling: None
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Building Information
Year Built: 1983 Building Area Total: 1664 Construction Materials: Stucco Stories: 1 Pool Features: None Private Pool: No
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Lot Information
Main Square Feet: 3.69 Acres Lot Size Acres: 3.69 Lot Size Square Feet: 160688Property Information
Subdivision: Mayfield Acres Source Property Type: Residential Property SubType: Single Family Residence Levels: One Property Age: 43
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Listing Price Information
Listing Price: $199000 Original Price: $224999 Cash
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Tax Information
Parcel Number: 2277483 Tax Year: 2025 Annual Tax: $2074.32 Tax Legal Desc: 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
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Parking Information
Unassigned
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School Information
Elementary School: Forest Ridge ElementaryJunior High School: Lecanto MiddleSenior High School: Lecanto High -
Location Information
Direction: From Suncoast Parkway Exit 68 travel east 3.6 miles to School Ave. Turn left and travel quarter-mile to address on the right.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 700 E Stratford Road, Lecanto, FL, 34461 | $360,000 | 3 | 2 | 1,944 | 1,944 SqFt |
| 700 E Stratford Road, Lecanto, FL, 34461 | $360,000 | 3 | 2 | 1,944 | 1,944 SqFt |
| 355 E Buckingham Drive, Lecanto, FL, 34461 | $415,000 | 3 | 3 | 1,820 | 1,820 SqFt |
| 340 E Savoy Street, Lecanto, FL, 34461 | $544,900 | 4 | 4 | 2,163 | 2,163 SqFt |
| 608 N Heathrow Drive, Lecanto, FL, 34461 | $412,500 | 3 | 2 | 2,055 | 2,055 SqFt |
| 8123 S Lecanto Highway, Lecanto, FL, 34461 | $3,900,000 | 4 | 5 | 5,246 | 5,246 SqFt |
| 265 S Thayer Avenue, Lecanto, FL, 34461 | $515,000 | 4 | 2 | 2,907 | 2,907 SqFt |
| 265 S Thayer Avenue, Lecanto, FL, 34461 | $515,000 | 4 | 2 | 2,907 | 2,907 SqFt |
| 96 S Thayer Avenue, Lecanto, FL, 34461 | $259,900 | 3 | 2 | 1,500 | 1,500 SqFt |
| 1474 W Jackson Hill Court, Lecanto, FL, 34461 | $2,249,900 | 14 | 10 | 6,284 | 6,284 SqFt |
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ByOwner last updated this listing 07/02/2026 @ 17:30
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