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    Commercial Way Hernando Beach, FL 34607

    For Sale
    $700,000

    35 Acres, Prime Recreation Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 35-acre property in Hernando County, Florida, presents a unique investment opportunity. Located near Weeki Wachee, the land boasts a blend of upland and wetland acreage, specifically 12± upland acres (34%) and 23± wetland acres (66%). The property's diverse land cover includes pine flatwoods, freshwater marshes, shrub, and brushland. Access is via Olson Road and a connecting dirt road. The property's strategic location offers proximity to major commercial activity along Highway 19, including residential areas, grocery stores, restaurants, gas stations, car dealerships, entertainment venues, and healthcare facilities. Its adjacency to the expansive Weeki Wachee Preserve (over 11,000 acres) enhances its recreational appeal and creates a sense of spaciousness. Nearby attractions include Weeki Wachee Preserve State Park (famous for its mermaid show) and the Chassahowitzka Wildlife Management Area. The Gulf of Mexico is approximately 3 miles west, providing excellent boating and fishing opportunities. The property's Future Land Use designation includes Conservation (25± acres) and Residential (10± acres), offering potential for both recreational use and a potential homesite. The asking price is $700,000, with a price per acre of $20,000. The Property Appraiser Number (APN) is R1642317000000600000. The permitted zoning is Agricultural. This property offers a compelling combination of recreational value, investment potential, and proximity to amenities.

    Property Features for 0 Commercial Way

    General Information

    Property type
    Land
    Lot Size
    1,524,600 SF

    HighLights

    • 35‑acre Hernando County, Florida property, offering a unique investment opportunity.
    • Located near Weeki Wachee, with 12± upland acres and 23± wetland acres.
    • Proximity to Highway 19 commercial activity, including residential, retail, and entertainment.
    • Potential homesite within the 10± acres designated for residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hernando Beach
    County
    Hernando
    State
    Florida
    Longitude
    -82.6118972
    Latitude
    28.4903812

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    FAQs

    What type of property is this?
    Land - 35 Acres, Prime Recreation Land
    Where is this land located?
    The property is located at Commercial Way Hernando Beach, FL.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: 35-acre Hernando County, Florida property, offering a unique investment opportunity.; Located near Weeki Wachee, with 12± upland acres and 23± wetland acres.; Proximity to Highway 19 commercial activity, including residential, retail, and entertainment.
    (863) 648-1528
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    Commercial Way Hernando Beach, FL 34607
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    Hernando Beach, 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
    Commercial Way Hernando Beach, FL 34607
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