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Property profile & analytics
OFF-MARKET
Land

1490 Indian Bay Rd Spring Hill, FL 34607

27.9 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 27.9 ac (1,215,324 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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