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    1490 Indian Bay Rd Spring Hill, FL 34607

    For Sale
    $275,000

    28 Acres, Hunting, Residential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 27.9-acre property in Aripeka, Florida, offers a unique blend of recreational and residential potential. Located at 1490 Indian Bay Road, this heavily wooded land boasts significant 1,918-foot frontage on Indian Bay Road, providing easy access. The property is zoned AG (Agriculture) with a future land use designation of Conservation, allowing for diverse uses including hunting, hiking, and private residential development. An estimated 15.37 acres consist of wetlands. Water access is available on-site, while sewer is conveniently located 1.6 miles away on Osowaw Boulevard. Situated in the peaceful town of Aripeka, this location offers a tranquil setting on Florida's Nature Coast, yet remains conveniently close to US Highway 19, providing easy access to shops, restaurants, and medical facilities. Commuting to nearby cities like Weeki Wachee, Spring Hill, Brooksville, Tarpon Springs, Homosassa, Crystal River, and Tampa is also straightforward. Nearby recreational destinations include Weeki Wachee Preserve, SunWest Park, Pine Island Park, and Cabot Citrus Farms. The asking price for this remarkable property is $275,000.

    Property Features for 1490 Indian Bay Rd

    General Information

    Property type
    Farms
    Lot Size
    1,215,324 SF

    HighLights

    • 27.9‑acre wooded land parcel in Aripeka, FL, offered at $275,000.
    • AG zoning with Conservation future land use.
    • 1,918 feet of frontage on Indian Bay Road.
    • Approximately 15.37 acres of wetlands.
    • Located near US Highway 19, offering easy access to amenities and nearby cities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring Hill
    County
    Hernando
    State
    Florida
    Longitude
    -82.659976837545
    Latitude
    28.453475157672

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    FAQs

    What type of property is this?
    Farm - 28 Acres, Hunting, Residential
    Where is this farm located?
    The property is located at 1490 Indian Bay Rd Spring Hill, FL.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: 27.9-acre wooded land parcel in Aripeka, FL, offered at $275,000.; AG zoning with Conservation future land use.; 1,918 feet of frontage on Indian Bay Road.
    Request Owner's contact information
    1490 Indian Bay Rd Spring Hill, FL 34607
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    Spring Hill, FL 34607
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    Realmo Value Estimation

    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.

    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.

    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
    1490 Indian Bay Rd Spring Hill, FL 34607
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