Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3397 Holly Springs Dr Brooksville, FL 34607

    Sponsored
    For Sale
    $59,900

    Land - HERNANDO BEACH, FL

    Lot size:
    0.12 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 26 at 12:06 pm

    Property Features for 3397 Holly Springs Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R1B
    APN
    R13-223-16-2350-1050-0230
    Pets allowed
    Yes
    Exterior features
    Level, Paved
    Lot size
    0.12 Acres

    Utilities

    Water front features
    Canal Front, Freshwater Canal W/Lift To Saltwater Canal, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Suzanne Boynton

    Home-Land Real Estate, Inc. (352) 279-2379

    Listing agent Suzanne Boynton (352) 556-0909 License #3554166

    Listing date Jan 22, 2026

    MLS# W7871741 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Hernando Beach Land with Canal

    This property is a residential lot located in the middle section of Hernando Beach. Situated on the Swan canal, the lot offers quick access to the Gulf of Mexico via a short boat ride to the new boat lift. The location allows for various water activities such as kayaking, jet skiing, and fishing, with destinations like Anclote Key and Homosassa easily accessible. The property is positioned to capture western views and stunning sunsets. There are no HOA or deed restrictions, providing freedom in designing and building a home. The absence of lease or rental restrictions makes it suitable for a vacation home. A marina and boat ramp are nearby, along with waterside restaurants, tiki bars, and a neighborhood store within walking or biking distance. The area is known for dolphin and manatee sightings, and a nature preserve is also located nearby. All amenities are approximately 10 minutes away, and Tampa is a 45-minute commute. The lot size is 0.12 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Spa & Massage Nail Salon Clothing Store Department Store Kitchen & Bath Grocery Store Building Supply Food Market Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooksville
    County
    Pasco
    State
    Florida
    Longitude
    -82.653188
    Latitude
    28.483631

    Nearby Similar for Sale

    • $825,000
      3,040 SF

      Shady Hills Mixed-Use Property

      Mixed-use property with commercial space and residential oasis in Shady Hills.
      15525 Shady Hills Rd, Brooksville, FL 34610
      View Details
    • $825,000
      4,040 SF

      Shady Hills Commercial Opportunity

      Commercial space with living quarters, pool, and outdoor amenities.
      15525 Shady Hills Rd, Brooksville, FL 34610
      View Details
    • $825,000
      1.40 Acres

      Shady Hills Mixed-Use Property

      Commercial space with residence, pool, and business potential in Shady Hills.
      15525 Shady Hills Rd, Brooksville, FL 34610
      View Details
    • $2,900,000
      7,754 SF

      Prime Location on Cortez Boulevard

      2.2 acres zoned C-2 with high traffic and utilities.
      15010 Cortez Blvd, Brooksville, FL 34613
      View Details
    • $4,900,000
      3,776 SF

      Winery, Venue, and Private Residence

      Thriving winery, entertainment venue, and private residence on 28 acres.
      21509 Snow Hill Rd, Brooksville, FL 34601
      View Details
    • $1,100,000
      3,600 SF

      Weeki Wachee Office Building For Sale

      Two-story office building with elevator on US-19 in Weeki Wachee.
      7044 Commercial Way, Brooksville, FL 34613
      View Details
    • $595,000
      2,070 SF

      Turnkey Medical Office in Hospital

      2,070 sq ft medical office in HCA Oak Hill Hospital.
      11373 Cortez Blvd, Brooksville, FL 34613
      View Details
    • $1,950,000
      4,904 SF

      Pet Boarding Business on 4.4 Acres

      Established pet boarding business with home and kennel on 4.4 acres.
      24392 Lanark Rd, Brooksville, FL 34601
      View Details
    • New
      $275,000
      982 SF

      Charming Income-Producing Brooksville Cottages

      Triplex featuring two cottages on a spacious lot near downtown.
      19421 Fort Dade Ave, Brooksville, FL 34601
      View Details
    • $389,000
      2,040 SF

      Retail Building with Variety Store

      2,040 SF retail building with variety store contents included.
      1340 Howell Ave, Brooksville, FL 34601
      View Details
    • $750,000
      2,100 SF

      Commercial Property on Cortez Boulevard

      2,100 sq ft commercial property on 0.46 acres for sale.
      17022 Cortez Blvd, Brooksville, FL 34601
      View Details
    • $750,000
      2,100 SF

      Highway Property with Owner Financing

      2,100 SF property on 0.46 acres with ample parking.
      17022 Cortez Blvd, Brooksville, FL 34601
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot in Hernando Beach with Gulf access.
    Where is this residential land & home lot located?
    The property is located at 3397 Holly Springs Dr Brooksville, FL.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: - Direct canal frontage with a new boat lift providing a quick 3-minute boat ride to the Gulf of Mexico.; - No HOA or deed restrictions offering freedom in building design and usage, including short-term rentals.; - Enjoy stunning sunset views from the west-facing backyard.
    (352) 585-7943
    Request Owner's contact information
    3397 Holly Springs Dr Brooksville, FL 34607
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3397 Holly Springs Dr
    Brooksville, FL 34607
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3397 Holly Springs Dr Brooksville, FL 34607
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Suzanne Boynton
    Real Estate License ID: 3554166
    (352) 585-7943
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.