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    Waterfront Land Near Gulf Title is generated by Realmo AI

    6232 TOWER DRIVE, Hudson, FL 34667

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    Claim this Listing
    For Sale
    $149,900

    Stunning waterfront lot with Gulf access and sunset views.

    Type:Land or Vacant Lot
    Added:
    Apr 13, 2026
    Days on Market:
    53
    Last Refresh:
    Apr 14 at 8:32 am

    Property Features for 6232 TOWER DRIVE

    General Information

    Standard status
    Active
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    CINDY ANDREWS

    Listing agent CINDY ANDREWS

    Listing office WEICHERT REALTORS FL TROPICS

    Listing date Apr 13, 2026

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of WEICHERT REALTORS FL TROPICS

    HighLights

    • Direct Gulf access via a wide and deep canal for quick boating.
    • Unobstructed sunset views and abundant wildlife being located directly across from Werner Boyce Salt Spring State Park.
    • Impact fees are reduced.
    • Proximity to popular sandbars and waterfront restaurants accessible by boat.
    • Convenient access to amenities, including restaurants, shopping, and Tampa International Airport.
    • Community undergoing revitalization, indicating increasing property values.

    Overview

    This stunning waterfront lot is located in one of the best locations on the Gulf, directly across from the Werner Boyce Salt Spring State Park, offering unobstructed sunset views and abundant wildlife. Situated on a wide and deep canal, the property provides quick access to the Gulf. The park across the canal is a popular spot for kayaking. The seller removed a mobile home from this lot, which may help with impact fees. Just around the corner of this canal is the popular Redneck Island sandbar. A short boat ride away is Durnkey Sandbar, along with many restaurants located on the Cotee River accessible by boat, and the popular Anclote Sandbar. The community is active, with opportunities to participate in Golf Cart Poker Runs. Hudson is centrally located near restaurants, shopping, medical facilities, and Tampa International Airport, as well as Clearwater Beach and Honeymoon Island. The Signal Cove community is undergoing a transformation, with many mobile homes being replaced by high-end homes. This subdivision is located next to the Gulf, providing easy access without navigating through numerous canals. This property offers an opportunity to enjoy the salt life with nature, sunsets, and fishing.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    Pasco
    State
    Florida
    Longitude
    -82.7110533
    Latitude
    28.3457045

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    FAQs

    What type of property is this?
    Waterfront Land - Stunning waterfront lot with Gulf access and sunset views.
    Where is this waterfront land located?
    The property is located at 6232 TOWER DRIVE Hudson, FL.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: Direct Gulf access via a wide and deep canal for quick boating.; Unobstructed sunset views and abundant wildlife being located directly across from Werner Boyce Salt Spring State Park.; Impact fees are reduced.
    (352) 688-7997
    We can help!
    Listing Contact
    CINDY ANDREWS
    Learn More
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    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.

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