0 Driftwood Dr Spring Hill, FL 34607
This exceptional 10.8-acre property in Bayport, Florida, presents a rare opportunity to own a significant piece of waterfront land on the Gulf Coast. Located on Driftwood Drive in Hernando County, this property boasts approximately 3.8 acres of upland area suitable for building a dream home or developing a family compound. The remaining acreage offers additional potential uses. The property is zoned R1B & AG, providing flexibility for various development options. Its prime location offers easy access to the natural beauty of the Nature Coast while remaining conveniently located approximately 1 hour and 13 minutes from downtown Tampa. The combination of size, location, and zoning makes this coastal property a truly unique offering. Given the scarcity of such sizeable waterfront properties in this area, this represents an incredibly rare investment opportunity. Additional marketing materials, including maps and drone photography, are available to further showcase the property's exceptional features and potential. This is a must-see property for anyone seeking a significant coastal land investment. The APN is R30 422 17 0000 0030 0013. The asking price is $1,200,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.