40200 Emeralda Island Rd

Leesburg, FL 34788

$374,050
Price
437,778 / 10.05
Lot Size / Acres
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a view of a lake view
a view of a pathway both side of yard
a view of an ocean from a balcony
a view of a yard with an outdoor space
a backyard of a house with lots of plants
a view of a lake view
a view of an ocean and a houses
a view of a lake

Description

Priced to sell ! Under comps price per sqft DESIRABLE LAND DEAL - This estate offers the flexibility to divide into four 2.5-acre lots, perfect for creating a family compound - dream property for horse enthusiasts - investors - sub-leasing and farming. USDA ELIGIBLE 10 acre property located directly on the paved road off Emeralda Island Rd, utility in the area but not on the land. Private and wooded ready to build. Quiet, relaxed country. No Deed Restrictions or HOA's. Custom build site, manufactured...Priced to sell ! Under comps price per sqft DESIRABLE LAND DEAL - This estate offers the flexibility to divide into four 2.5-acre lots, perfect for creating a family compound - dream property for horse enthusiasts - investors - sub-leasing and farming. USDA ELIGIBLE 10 acre property located directly on the paved road off Emeralda Island Rd, utility in the area but not on the land. Private and wooded ready to build. Quiet, relaxed country. No Deed Restrictions or HOA's. Custom build site, manufactured homes welcome. Close to Ocala National Forest, and Emeralda Marsh with Springs, Canoeing, Fishing, Boating, Wildlife, and Hiking on 10,000+ acres of preserve. Close to city life, entertainment, medical, dining and shopping. Less than 50 miles to World Equestrian Center (WEC)
  1. Listed by Philip Tambasco • Brokerage DRE #1047140 • Boardwalk Realty Associates LL
    P: (561)-559-4665 C: (561)-559-4665 philip@bwalkrealty.com

Property Details for 40200 Emeralda Island Road

Waterfront
No
Style
No Pool/No Water
Subdivision
Emeralda Island
LISTING UPDATED: 02/19/2026 09:55 PM

Property Details for 40200 Emeralda Island Road

StatusActive
MLS #F10454676
Days on Market606
Taxes$2,452 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand & Docks / Unimproved Land
Year Built-
Lot Size10.05 AC
CountyLake County
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Location

Listing Courtesy of Boardwalk Realty Associates LL, Philip Tambasco
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Building Information for 40200 Emeralda Island Road

Lot Size10.05 AC

Payment Calculator

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$2,088 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,884

Property Taxes

$204

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 40200 Emeralda Island Road

Summary
Location and General Information
  • Area: 5940 - Other Florida County, 5940
  • City and Location Text: Leesburg
  • County Land Code: Lake County
  • County Or Parish: Lake County
  • Front Exp: West
  • Front Exposure: West
  • Geo Lat: 28.937107
  • MLS Area: 5940 - Other Florida County, 5940
  • MLS Sub Area: Other, Other Geographic Area (Out Of Area Only)
  • Num Parcels: 1
  • Postal Code: 34788
  • State: FL
  • Street #: 40200
  • Subdivision Complex Bldg: Emeralda Island
  • Complex Name: Emeralda Island
Taxes and HOA Information
  • # Parcels: 1
  • Association Fee: $0
  • Legal Desc: N 1/2 OF S 1/2 OF NE 1/4 OF SW 1/4--LESS W 33 FT FOR RD R/W-- ORB 6000 PG 1990
  • Tax Year: 2024
Property
Lot Information
  • Acres: 10.05
  • Approximate Lot Size: 10.05
  • Lot Description: Build to Suit
  • Lot Dimensions: 10.05
  • Lot Square Footage: 437778.0
  • Trees: Mostly Oaks, Mostly Pines
  • Property Type: Land & Docks, Unimproved Land
Property and Assessments
  • Construction Type: Unimproved Land
  • Develop Status: Raw Land
  • Document Count: 0
  • Legal Description: N 1/2 OF S 1/2 OF NE 1/4 OF SW 1/4--LESS W 33 FT FOR RD R/W-- ORB 6000 PG 1990
  • Type: Unimproved Land
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Guest Accommodations: No
  • Other Structures: None
Interior Features
  • Baths Total: 0
Multi Family
Income & Expenses
  • Exp Incl Pool Service: No
Rental
Rental Information
  • DXORIGMLNO: FLL
  • Possession Information: Negotiable

Property History for 40200 Emeralda Island Road

DateEvent & SourcePriceAppreciation
Mar 21, 2025

Price Change

Beaches MLS #F10454676

$374,050—
Aug 5, 2024

Listed (Active)

Beaches MLS #F10454676

$399,000—
DateEvent & SourcePrice
03/21/2025

Price Change

Beaches MLS #F10454676

$374,050
08/05/2024

Listed (Active)

Beaches MLS #F10454676

$399,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 40200 Emeralda Island Road

This home is within Lake County Schools.
Rating
School
Type
Grades
Distance
Treadway Elementary School
Public - PK to 5
Tavares Middle School
Public - 6 to 8
Tavares High School
Public - 9 to 12
Lake Academy Leesburg
Public - K to 12
Rating
School
Distance
Treadway Elementary School
PublicPK to 5

Tavares Middle School
Public6 to 8

Tavares High School
Public9 to 12

Lake Academy Leesburg
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 40200 Emeralda Island Road, Leesburg, FL 34788

40200 Emeralda Island Road is a 10.05 ac of land for sale in Leesburg, FL 34788. This property was listed for sale on August 5, 2024 by Boardwalk Realty Associates LL, it's currently listed at $374,050. This listing's school district is Lake County Schools. Nearby schools include Treadway Elementary School, Tavares Middle School and Tavares High School. 40200 Emeralda Island Road is a 0-bed, 0-bath, 10.05 ac of land on a 437,778 sq. ft. / 10.05 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Boardwalk Realty Associates LL, Philip Tambasco

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 02/19/2026 09:55 PM