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Property profile & analytics
OFF-MARKET
Land

0 Driftwood Dr Spring Hill, FL 34607

10.8 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 10.8 ac (470,448 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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