Legacy of Leesburg: owned lots, a recorded 55+ rule and a POA

The short version: Legacy of Leesburg is inside the City of Leesburg, Lake County, and is governed by the Legacy of Leesburg Property Owners Association, Inc. Its declaration, recorded in 1999, says the community is operated as housing for older persons: each home needs at least one occupant 55 or older, and the minimum age for residents is 18. Lake County records show individually owned single-family lots, with the common areas titled to the association, so this is not a land-lease community. City of Leesburg millage applies, and the county’s map shows no community development district over its parcels. It is not part of The Villages.

Legacy of Leesburg at a glance

City and county	City of Leesburg, Lake CountyProperty Appraiser millage groups 000L and 00L3, both Leesburg
2026 city millage	3.3783 mills adopted by the City of Leesburg
2026 total certified millage	15.8704 millsOn the Property Appraiser’s pages for the association’s parcels on Legacy Boulevard
Association	Legacy of Leesburg Property Owners Association, Inc.Florida not-for-profit filed October 6, 1999; office at 5400 Legacy Boulevard; Leland Management is registered agent
Declaration	Recorded in Lake County O.R. Book 1787, Page 1494Posted by the association with its later amendments, bylaws and rules
Age rule	Housing for older personsAt least one occupant 55 or older; minimum resident age 18
Homes on the county roll	998 parcels coded single-familyThe association holds about three dozen common-area parcels
Recorded plats	Units 1 to 7, 2000 to 2016
Conservation and trails	275 acres, 19 ponds, 13 nature trailsPer the association
Land lease	NoneLots are individually owned; see below
Villages district or CDD	NoneNo Legacy parcel touches the neighboring Arlington Ridge CDD on the county’s map

From the Legacy of Leesburg POA’s website and posted documents, the Lake County Property Appraiser and county GIS, and the Florida Division of Corporations. Checked October 10, 2026.

Owned lots, not leased land

Some 55+ communities around Lady Lake and Leesburg sit on leased land; Water Oak is one. Legacy of Leesburg isn’t. Lake County’s parcel roll shows 998 single-family parcels, each a lot of its own, and the common areas titled to the Legacy of Leesburg Property Owners Association. The association’s buyer disclosure form says membership carries no obligation to pay rent or land use fees for recreational or other common facilities.

That means a real-property tax bill on which a qualifying owner can claim homestead, financing like any other house, and comps drawn from owned-lot homes. It also means the association’s documents, not a park lease, set the rules.

The 55+ rule is in the recorded declaration

Section 5.3 of the 1999 declaration says the development is intended and operated as housing for older persons under the federal Housing for Older Persons Act of 1995. Each home must be occupied by at least one person 55 or older as of the date of occupancy, the minimum age for all residents is 18, and applications need proof of age such as a driver’s license, birth certificate or passport. The association’s current application puts it plainly: age verification goes to the association before purchase.

Florida law spells out what a 55+ community has to do to keep that status: at least 80 percent of occupied units with at least one person 55 or older, published policies that show the intent, and age verification by reliable surveys and affidavits (section 760.29). Ask the association for its current verification procedure along with the documents.

Rules to read before the offer

Leasing: leases must be in writing, subject to the governing documents, at least 30 consecutive days, and delivered for approval. Rooms can’t be rented separately and transient use is barred (declaration sections 5.4 and 5.5).
Garages: every home must have an attached garage, and a garage can’t be enclosed or converted to living or storage space (section 5.2).
Vehicles and boats: only passenger vehicles and pickups of one ton or less may be parked outside overnight; RVs, campers, trailers, boats and vehicles with commercial lettering need written consent (section 5.9). The association keeps a storage area for residents’ boats and RVs.
Exterior changes: the Architectural Review Committee standards were updated in September 2024, and the posted rules and regulations are dated December 9, 2020.

Those are the provisions as recorded and posted. Read the full declaration, every amendment and the current rules on the association’s public documents page. Florida’s HOA disclosure summary (section 720.401) is due before you sign a contract.

What the association lists, from Clock Tower Hall to the river

Per the association’s amenities page: the Clock Tower Hall campus with a social hall, fitness center, aerobics studio, two catering kitchens, card and craft rooms, a three-table billiards room, three ping-pong tables and a library and media center; a beach-entry pool with hot tub; a softball field; two tennis courts, four pickleball courts, four bocce courts, four shuffleboard courts and two horseshoe pits; a River Park; and 275 acres of conservation areas with 19 ponds and 13 nature trails. The association’s home page places the community beside the Palatlakaha River.

Fees: ask for the estoppel and the 2027 budget

The association keeps its fee page behind a resident login, so I don’t publish an assessment figure here. Its home page lists a 2027 budget presentation meeting dated October 7, 2026, so next year’s assessment is being set now. Get the current assessment from an estoppel certificate, which the association must issue within 10 business days of a written request (section 720.30851), and ask for the adopted 2027 budget.

How I’d price and sell a Legacy of Leesburg home

Read the parcel and the bill.
City of Leesburg millage, homestead status, and the unit and lot from the Lake County record and the Tax Collector’s bill.
Comp inside Legacy first.
By unit, size and setting: pond, conservation or interior lot. Nearby 55+ communities with different associations, such as Royal Highlands, Pennbrooke Fairways and The Plantation at Leesburg, are a cross-check, not the comp set. Arlington Ridge next door carries its own CDD.
Have the age paperwork ready.
The association’s application and adult form in the listing packet, so the buyer’s approval doesn’t hold up closing.
Order the estoppel early.
It confirms the assessment and anything owed, and it answers the first question an out-of-state buyer asks.
Know your net before you list.
Run the seller net sheet, then set the price from the comps.

Lake County proof on this site

40140 Palm St, Lady Lake: listed $299,999, sold $307,000.

Closed July 22, 2026 for an out-of-state seller. It is in Lady Lake, not Legacy of Leesburg, so it is not a comp here, but it is the same Lake County records and the same remote-seller process. Read the case study.

Compare before you choose

For the city itself, start with Leesburg, FL: city limits, city utilities and Villages District 14. For other age-restricted options, compare Kings Ridge in Clermont, with its master and neighborhood associations and a clubhouse buy-in, and Harbor Hills in Lady Lake, an unincorporated golf and lake community with a separate club.

Questions people ask about Legacy of Leesburg

Is Legacy of Leesburg part of The Villages?

No. It is governed by the Legacy of Leesburg Property Owners Association, Inc., inside the City of Leesburg. It is not one of the Villages districts, and Lake County’s district map shows no community development district over its parcels.

Is Legacy of Leesburg a 55+ community?

Yes. Its recorded 1999 declaration says it is operated as housing for older persons under the federal Housing for Older Persons Act: each home needs at least one occupant 55 or older, and the minimum resident age is 18. The association asks for age verification before purchase.

Is Legacy of Leesburg on leased land?

No. Lake County records show its homes on individually owned single-family lots, and the association’s buyer disclosure says membership carries no obligation to pay rent or land use fees for recreational facilities.

Can I rent out a home in Legacy of Leesburg?

The 1999 declaration requires written leases of at least 30 consecutive days, subject to the governing documents and delivered for approval, and bars renting rooms or transient use. Check the current rules and amendments before counting on rental income.

What is the City of Leesburg tax rate for Legacy of Leesburg?

The City of Leesburg adopted 3.3783 mills for 2026. Legacy parcels are inside city limits, and the Property Appraiser shows a 2026 total certified millage of 15.8704 on the association’s Legacy Boulevard parcels.

Sources

Checked October 10, 2026. Assessments, rules and budgets are set by the association and change, so I re-read the current documents and order an estoppel before any number goes in a listing or an offer.

Next step

Buying or selling in Legacy of Leesburg?

Send the address. I’ll pull the parcel, the association documents and the estoppel, and tell you straight what I’d list it at or offer.

Get my home’s value → Book a 15-min call

Mo Mufti, REALTOR® · LPT Realty, LLC · 352-298-8602 · [email protected]

Legacy of Leesburg: owned lots, a recorded 55+ rule, one POA.