11374 Marcella Ave · North Weeki Wachee, FL 34614

$319,500

4 bd · 2.0 ba · 2,024 sqft · SingleFamily public records · 55 Days on market

Built 2022 0.46 ac lot Est $395k · 19% under

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +11.5/30.0
• Schools +4.2/10.0
• DSCR +3.4/10.0
• Livability +3.4/5.0
• 1% rule +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

ONE OR MORE PHOTOS ARE VIRTUALLY STAGED. Welcome to this inviting, almost new residence where comfort meets functionality in a beautifully designed layout and brand-new flooring throughout. This home boasts 4 bedrooms and 2.5 bathrooms, thoughtfully arranged to offer both privacy and communal living spaces, perfect for growing families. Step inside to discover a welcoming main floor that balances convenience and warmth. The main level features an open-concept living room provides an ideal spot for relaxation or entertainment. The adjacent kitchen is a chef's delight, equipped with stainless-steel appliances, soft-closed cabinetry, and granite countertops with extended breakfast bar--ready for everyday meals or festive gatherings. A flex room and a half bath are thoughtfully located on this floor, ideal for guests, or a home office. Upstairs is where comfort and privacy take center stage. The loft area offers an adaptable space--perfect as reading nook or a play area. The master suite is a true retreat, featuring ample space for a king-sized bed, a large walk-in closet, and a luxurious ensuite bathroom with dual sinks, soft-closed cabinets and granite counters. Three additional bedrooms on this floor provide generous closet space and easy access to a well-appointed bathroom, ensuring comfort for family members or guests. You will also love the convenience of the walk-in laundry room. The extended 2 car garage features ample space for vehicles, hobbies or storage. Lots of shopping and favorite local dining options nearby. Minutes from the famous Weeki Wachee live mermaids, Pine Island Park and Roger's Park for fun on the water. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks. Enjoy everything Tampa Bay has to offer from the new Downtown Riverwalk, TOP US BEACHES, boating, fishing, golfing, cultural entertainment, and museums. .. and of course beautiful year-round weather!

Key facts

• 0.46 acre lot
• 2 garage spots
• Built 2022

Property features AI

Finance

• Other: Lot size approximately 0.46 acres (about 1/4 to less than 1/2 acre)
• Financial info: Lease restrictions: none
• HOA & community: No HOA/association; Pets allowed: cats and dogs

Exterior

• Parking: Attached garage; 2-car garage
• Utilities: Public water; Septic tank sewer; Broadband/high-speed internet available
• Home design: Single family residence; Residential property; Two stories; Faces east; Entry level information not specified
• Construction: Block, stucco, and frame construction; Shingle roof; Slab foundation; Built area approximately 2,456 total square feet
• Exterior features: Sliding doors; Paved road access; Lot dimensions approximately 100 x 200

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator; Stone countertops; Eat-in kitchen
• Bedrooms: 4 bedrooms
• Flooring: Ceramic tile; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning; Electric water heater
• Interior features: Cathedral ceilings; Ceiling fans; Eat-in kitchen; High ceilings; Living room/dining room combo; Open floorplan; Split bedroom layout; Stone countertops; Walk-in closets; Blinds
• Laundry & utility: Laundry inside; Inside utility/family room

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $320k.

Deal economics

• At list price, monthly cash flow is $-105 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $301k (5.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $265k (17.1% below list).
• Recommended offer: $265k (17.1% below list) — sets the bar for 1% rule.
• Cap rate 5.9% vs local median 3.9% in North Weeki Wachee — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#534 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: health & safety C-, schools F, amenities F.
• Hernando (suburban): math 50% / reading 50% proficiency, ranked #38 of 73 in FL (top 52%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 534 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 2,505 units permitted in Hernando County in 2024 (318 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Hernando County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 55 days — a 3% lower offer ($310k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $265,000 (17.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.83% ✗
• Cap rate: 5.90%
• Cash-on-cash: -1.41%
• DSCR: 0.94
• GRM: 10.0

CMA / ARV

• ARV (on-the-fly): $394,680
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11346 Labrador Duck Rd	0.38mi	4/2.0	1,946 (-4%)	1mo	$465,000	$239	75
11141 Jenny Wren Rd	0.17mi	4/3.0	2,120 (+5%)	9mo	$374,900	$177	73
11362 Paramount Ave	0.34mi	3/2.0 (-1)	1,910 (-6%)	3mo	$449,000	$235	67
12126 Millington Ave	0.50mi	3/2.0 (-1)	1,978 (-2%)	3mo	$365,000	$185	66
12136 Millington Ave	0.52mi	4/2.0	2,153 (+6%)	2mo	$356,000	$165	64
11360 Mountain Bluebird Rd	0.40mi	4/2.0	2,286 (+13%)	4mo	$395,000	$173	57
11240 Marvelwood Rd	0.67mi	3/2.0 (-1)	1,967 (-3%)	4mo	$400,000	$203	56
11993 Robina Rd	0.62mi	3/2.0 (-1)	1,955 (-3%)	7mo	$349,500	$179	54
11182 Pigeon Ave	0.68mi	3/2.0 (-1)	1,965 (-3%)	5mo	$385,000	$196	54
11172 Pigeon Ave	0.71mi	4/2.0	2,120 (+5%)	7mo	$406,000	$192	53
11313 Limpkin Rd	0.35mi	4/3.0	2,262 (+12%)	9mo	$525,547	$232	53
11202 Little Gull Rd	0.48mi	4/3.0	2,265 (+12%)	2mo	$442,550	$195	52

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -18.6%
• Equity multiple: 0.35×
• Total profit: $-58,430
• Equity at exit: $47,638

10-year hold

• IRR: -11.0%
• Equity multiple: 0.34×
• Total profit: $-59,357
• Equity at exit: $27,625

Cash invested: $89,460 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 34614

• Home prices YoY: -10.9%
• Active inventory: 534
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,650 medium
• Mortgage (P&I): −$1,675
• Tax from tax record: −$390 /mo · $4,679/yr
• Insurance: −$133
• HOA: −$0
• Vacancy / Maint / Mgmt: −$556
• Net cashflow: $-105

Break-even live

Break-even rent $2,783

Max offer price $300,940

Occupancy floor 99%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $79,875
• Closing costs: $9,585
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10507 Tucker Rd Weeki Wachee, FL	4.0	2.5	2650	$2,650	$1.00	24d	1	1.27mi

Listing history 17 events

1. 2026-05-20
   status Pending 2050-char remark

   Show marketing remark (2050 chars)

   ONE OR MORE PHOTOS ARE VIRTUALLY STAGED. Welcome to this inviting, almost new residence where comfort meets functionality in a beautifully designed layout and brand-new flooring throughout. This home boasts 4 bedrooms and 2.5 bathrooms, thoughtfully arranged to offer both privacy and communal living spaces, perfect for growing families. Step inside to discover a welcoming main floor that balances convenience and warmth. The main level features an open-concept living room provides an ideal spot for relaxation or entertainment. The adjacent kitchen is a chef's delight, equipped with stainless-steel appliances, soft-closed cabinetry, and granite countertops with extended breakfast bar--ready for everyday meals or festive gatherings. A flex room and a half bath are thoughtfully located on this floor, ideal for guests, or a home office. Upstairs is where comfort and privacy take center stage. The loft area offers an adaptable space--perfect as reading nook or a play area. The master suite is a true retreat, featuring ample space for a king-sized bed, a large walk-in closet, and a luxurious ensuite bathroom with dual sinks, soft-closed cabinets and granite counters. Three additional bedrooms on this floor provide generous closet space and easy access to a well-appointed bathroom, ensuring comfort for family members or guests. You will also love the convenience of the walk-in laundry room. The extended 2 car garage features ample space for vehicles, hobbies or storage. Lots of shopping and favorite local dining options nearby. Minutes from the famous Weeki Wachee live mermaids, Pine Island Park and Roger's Park for fun on the water. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks. Enjoy everything Tampa Bay has to offer from the new Downtown Riverwalk, TOP US BEACHES, boating, fishing, golfing, cultural entertainment, and museums. .. and of course beautiful year-round weather!

2. 2026-05-20
   status Pending

   Show marketing remark (2050 chars)

   ONE OR MORE PHOTOS ARE VIRTUALLY STAGED. Welcome to this inviting, almost new residence where comfort meets functionality in a beautifully designed layout and brand-new flooring throughout. This home boasts 4 bedrooms and 2.5 bathrooms, thoughtfully arranged to offer both privacy and communal living spaces, perfect for growing families. Step inside to discover a welcoming main floor that balances convenience and warmth. The main level features an open-concept living room provides an ideal spot for relaxation or entertainment. The adjacent kitchen is a chef's delight, equipped with stainless-steel appliances, soft-closed cabinetry, and granite countertops with extended breakfast bar--ready for everyday meals or festive gatherings. A flex room and a half bath are thoughtfully located on this floor, ideal for guests, or a home office. Upstairs is where comfort and privacy take center stage. The loft area offers an adaptable space--perfect as reading nook or a play area. The master suite is a true retreat, featuring ample space for a king-sized bed, a large walk-in closet, and a luxurious ensuite bathroom with dual sinks, soft-closed cabinets and granite counters. Three additional bedrooms on this floor provide generous closet space and easy access to a well-appointed bathroom, ensuring comfort for family members or guests. You will also love the convenience of the walk-in laundry room. The extended 2 car garage features ample space for vehicles, hobbies or storage. Lots of shopping and favorite local dining options nearby. Minutes from the famous Weeki Wachee live mermaids, Pine Island Park and Roger's Park for fun on the water. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks. Enjoy everything Tampa Bay has to offer from the new Downtown Riverwalk, TOP US BEACHES, boating, fishing, golfing, cultural entertainment, and museums. .. and of course beautiful year-round weather!

3. 2026-05-09
   price $319,500 2050-char remark

   Show marketing remark (2050 chars)

   ONE OR MORE PHOTOS ARE VIRTUALLY STAGED. Welcome to this inviting, almost new residence where comfort meets functionality in a beautifully designed layout and brand-new flooring throughout. This home boasts 4 bedrooms and 2.5 bathrooms, thoughtfully arranged to offer both privacy and communal living spaces, perfect for growing families. Step inside to discover a welcoming main floor that balances convenience and warmth. The main level features an open-concept living room provides an ideal spot for relaxation or entertainment. The adjacent kitchen is a chef's delight, equipped with stainless-steel appliances, soft-closed cabinetry, and granite countertops with extended breakfast bar--ready for everyday meals or festive gatherings. A flex room and a half bath are thoughtfully located on this floor, ideal for guests, or a home office. Upstairs is where comfort and privacy take center stage. The loft area offers an adaptable space--perfect as reading nook or a play area. The master suite is a true retreat, featuring ample space for a king-sized bed, a large walk-in closet, and a luxurious ensuite bathroom with dual sinks, soft-closed cabinets and granite counters. Three additional bedrooms on this floor provide generous closet space and easy access to a well-appointed bathroom, ensuring comfort for family members or guests. You will also love the convenience of the walk-in laundry room. The extended 2 car garage features ample space for vehicles, hobbies or storage. Lots of shopping and favorite local dining options nearby. Minutes from the famous Weeki Wachee live mermaids, Pine Island Park and Roger's Park for fun on the water. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks. Enjoy everything Tampa Bay has to offer from the new Downtown Riverwalk, TOP US BEACHES, boating, fishing, golfing, cultural entertainment, and museums. .. and of course beautiful year-round weather!

4. 2026-05-09
   price $319,500

   Show marketing remark (2050 chars)

   ONE OR MORE PHOTOS ARE VIRTUALLY STAGED. Welcome to this inviting, almost new residence where comfort meets functionality in a beautifully designed layout and brand-new flooring throughout. This home boasts 4 bedrooms and 2.5 bathrooms, thoughtfully arranged to offer both privacy and communal living spaces, perfect for growing families. Step inside to discover a welcoming main floor that balances convenience and warmth. The main level features an open-concept living room provides an ideal spot for relaxation or entertainment. The adjacent kitchen is a chef's delight, equipped with stainless-steel appliances, soft-closed cabinetry, and granite countertops with extended breakfast bar--ready for everyday meals or festive gatherings. A flex room and a half bath are thoughtfully located on this floor, ideal for guests, or a home office. Upstairs is where comfort and privacy take center stage. The loft area offers an adaptable space--perfect as reading nook or a play area. The master suite is a true retreat, featuring ample space for a king-sized bed, a large walk-in closet, and a luxurious ensuite bathroom with dual sinks, soft-closed cabinets and granite counters. Three additional bedrooms on this floor provide generous closet space and easy access to a well-appointed bathroom, ensuring comfort for family members or guests. You will also love the convenience of the walk-in laundry room. The extended 2 car garage features ample space for vehicles, hobbies or storage. Lots of shopping and favorite local dining options nearby. Minutes from the famous Weeki Wachee live mermaids, Pine Island Park and Roger's Park for fun on the water. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks. Enjoy everything Tampa Bay has to offer from the new Downtown Riverwalk, TOP US BEACHES, boating, fishing, golfing, cultural entertainment, and museums. .. and of course beautiful year-round weather!

5. 2026-05-01
   price $329,500 2050-char remark

   Show marketing remark (2050 chars)

   ONE OR MORE PHOTOS ARE VIRTUALLY STAGED. Welcome to this inviting, almost new residence where comfort meets functionality in a beautifully designed layout and brand-new flooring throughout. This home boasts 4 bedrooms and 2.5 bathrooms, thoughtfully arranged to offer both privacy and communal living spaces, perfect for growing families. Step inside to discover a welcoming main floor that balances convenience and warmth. The main level features an open-concept living room provides an ideal spot for relaxation or entertainment. The adjacent kitchen is a chef's delight, equipped with stainless-steel appliances, soft-closed cabinetry, and granite countertops with extended breakfast bar--ready for everyday meals or festive gatherings. A flex room and a half bath are thoughtfully located on this floor, ideal for guests, or a home office. Upstairs is where comfort and privacy take center stage. The loft area offers an adaptable space--perfect as reading nook or a play area. The master suite is a true retreat, featuring ample space for a king-sized bed, a large walk-in closet, and a luxurious ensuite bathroom with dual sinks, soft-closed cabinets and granite counters. Three additional bedrooms on this floor provide generous closet space and easy access to a well-appointed bathroom, ensuring comfort for family members or guests. You will also love the convenience of the walk-in laundry room. The extended 2 car garage features ample space for vehicles, hobbies or storage. Lots of shopping and favorite local dining options nearby. Minutes from the famous Weeki Wachee live mermaids, Pine Island Park and Roger's Park for fun on the water. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks. Enjoy everything Tampa Bay has to offer from the new Downtown Riverwalk, TOP US BEACHES, boating, fishing, golfing, cultural entertainment, and museums. .. and of course beautiful year-round weather!

6. 2026-05-01
   price $329,500

   Show marketing remark (2050 chars)

   ONE OR MORE PHOTOS ARE VIRTUALLY STAGED. Welcome to this inviting, almost new residence where comfort meets functionality in a beautifully designed layout and brand-new flooring throughout. This home boasts 4 bedrooms and 2.5 bathrooms, thoughtfully arranged to offer both privacy and communal living spaces, perfect for growing families. Step inside to discover a welcoming main floor that balances convenience and warmth. The main level features an open-concept living room provides an ideal spot for relaxation or entertainment. The adjacent kitchen is a chef's delight, equipped with stainless-steel appliances, soft-closed cabinetry, and granite countertops with extended breakfast bar--ready for everyday meals or festive gatherings. A flex room and a half bath are thoughtfully located on this floor, ideal for guests, or a home office. Upstairs is where comfort and privacy take center stage. The loft area offers an adaptable space--perfect as reading nook or a play area. The master suite is a true retreat, featuring ample space for a king-sized bed, a large walk-in closet, and a luxurious ensuite bathroom with dual sinks, soft-closed cabinets and granite counters. Three additional bedrooms on this floor provide generous closet space and easy access to a well-appointed bathroom, ensuring comfort for family members or guests. You will also love the convenience of the walk-in laundry room. The extended 2 car garage features ample space for vehicles, hobbies or storage. Lots of shopping and favorite local dining options nearby. Minutes from the famous Weeki Wachee live mermaids, Pine Island Park and Roger's Park for fun on the water. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks. Enjoy everything Tampa Bay has to offer from the new Downtown Riverwalk, TOP US BEACHES, boating, fishing, golfing, cultural entertainment, and museums. .. and of course beautiful year-round weather!

7. 2026-03-26
   listed $335,000 Active 2050-char remark

   Show marketing remark (2050 chars)

   ONE OR MORE PHOTOS ARE VIRTUALLY STAGED. Welcome to this inviting, almost new residence where comfort meets functionality in a beautifully designed layout and brand-new flooring throughout. This home boasts 4 bedrooms and 2.5 bathrooms, thoughtfully arranged to offer both privacy and communal living spaces, perfect for growing families. Step inside to discover a welcoming main floor that balances convenience and warmth. The main level features an open-concept living room provides an ideal spot for relaxation or entertainment. The adjacent kitchen is a chef's delight, equipped with stainless-steel appliances, soft-closed cabinetry, and granite countertops with extended breakfast bar--ready for everyday meals or festive gatherings. A flex room and a half bath are thoughtfully located on this floor, ideal for guests, or a home office. Upstairs is where comfort and privacy take center stage. The loft area offers an adaptable space--perfect as reading nook or a play area. The master suite is a true retreat, featuring ample space for a king-sized bed, a large walk-in closet, and a luxurious ensuite bathroom with dual sinks, soft-closed cabinets and granite counters. Three additional bedrooms on this floor provide generous closet space and easy access to a well-appointed bathroom, ensuring comfort for family members or guests. You will also love the convenience of the walk-in laundry room. The extended 2 car garage features ample space for vehicles, hobbies or storage. Lots of shopping and favorite local dining options nearby. Minutes from the famous Weeki Wachee live mermaids, Pine Island Park and Roger's Park for fun on the water. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks. Enjoy everything Tampa Bay has to offer from the new Downtown Riverwalk, TOP US BEACHES, boating, fishing, golfing, cultural entertainment, and museums. .. and of course beautiful year-round weather!

8. 2026-03-26
   listed $335,000 Active

   Show marketing remark (2050 chars)

   ONE OR MORE PHOTOS ARE VIRTUALLY STAGED. Welcome to this inviting, almost new residence where comfort meets functionality in a beautifully designed layout and brand-new flooring throughout. This home boasts 4 bedrooms and 2.5 bathrooms, thoughtfully arranged to offer both privacy and communal living spaces, perfect for growing families. Step inside to discover a welcoming main floor that balances convenience and warmth. The main level features an open-concept living room provides an ideal spot for relaxation or entertainment. The adjacent kitchen is a chef's delight, equipped with stainless-steel appliances, soft-closed cabinetry, and granite countertops with extended breakfast bar--ready for everyday meals or festive gatherings. A flex room and a half bath are thoughtfully located on this floor, ideal for guests, or a home office. Upstairs is where comfort and privacy take center stage. The loft area offers an adaptable space--perfect as reading nook or a play area. The master suite is a true retreat, featuring ample space for a king-sized bed, a large walk-in closet, and a luxurious ensuite bathroom with dual sinks, soft-closed cabinets and granite counters. Three additional bedrooms on this floor provide generous closet space and easy access to a well-appointed bathroom, ensuring comfort for family members or guests. You will also love the convenience of the walk-in laundry room. The extended 2 car garage features ample space for vehicles, hobbies or storage. Lots of shopping and favorite local dining options nearby. Minutes from the famous Weeki Wachee live mermaids, Pine Island Park and Roger's Park for fun on the water. Close to the Suncoast parkway for quick access to the airport, Tampa, Clearwater and St. Pete Beaches (Ranked in the top 5 Beaches in the US), also close to the famous Tarpon Springs Sponge Docks. Enjoy everything Tampa Bay has to offer from the new Downtown Riverwalk, TOP US BEACHES, boating, fishing, golfing, cultural entertainment, and museums. .. and of course beautiful year-round weather!

9. 2022-08-01
   soldstatus $304,500
10. 2022-07-29
    soldstatus $304,990 Closed 528-char remark

    Show marketing remark (528 chars)

    Under Construction. Don’t miss this opportunity to own a BEAUTIFUL NEW 2 Story home in the Spring Hill Classic Community! The elegant 2054 Plan offers flex room on the main floor. The kitchen features gorgeous cabinets, granite countertops, and stainless-steel appliances (includes, range, microwave, and dishwasher). All bedrooms including the laundry room are on the 2nd floor. The primary suite has a private bath with dual vanity sinks and a walk-in closet. This desirable plan also comes complete with a 2-car garage.

11. 2022-02-10
    listed $304,990 528-char remark

    Show marketing remark (528 chars)

    Under Construction. Don’t miss this opportunity to own a BEAUTIFUL NEW 2 Story home in the Spring Hill Classic Community! The elegant 2054 Plan offers flex room on the main floor. The kitchen features gorgeous cabinets, granite countertops, and stainless-steel appliances (includes, range, microwave, and dishwasher). All bedrooms including the laundry room are on the 2nd floor. The primary suite has a private bath with dual vanity sinks and a walk-in closet. This desirable plan also comes complete with a 2-car garage.

12. 2022-02-10
    historical 528-char remark

    Show marketing remark (528 chars)

    Under Construction. Don’t miss this opportunity to own a BEAUTIFUL NEW 2 Story home in the Spring Hill Classic Community! The elegant 2054 Plan offers flex room on the main floor. The kitchen features gorgeous cabinets, granite countertops, and stainless-steel appliances (includes, range, microwave, and dishwasher). All bedrooms including the laundry room are on the 2nd floor. The primary suite has a private bath with dual vanity sinks and a walk-in closet. This desirable plan also comes complete with a 2-car garage.

13. 2021-04-06
    soldstatus $23,500
14. 2021-02-15
    listed $24,900
15. 2004-05-28
    soldstatus $6,000
16. 2004-05-25
    soldstatus $6,000
17. 2004-04-08
    listed $6,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $4,679 · $390/mo
• Projected year-2 tax: $4,679 · $390/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 25 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,800
• − Mortgage interest: −$17,897
• − Property taxes: −$4,679
• − Insurance: −$1,598
• − Repairs & maintenance: −$2,544
• − Management: −$2,544
• − Depreciation: −$9,295
• Taxable loss: −$6,756
• Est. tax savings @ 24.0%: +$1,622
• After-tax cash flow: $361/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hernando
• NCES district ID: 1200810
• Math proficiency: 50% ▼ -8.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $41,985
• Composite: 42.03/100
• National rank: #3329
• State rank: #38 of 73 in FL

Livability — North Weeki Wachee

• Score: 68/100
• State rank: #534
• US rank: #10019

Category grades

Amenities F Commute F Cost of living A+ Crime B+ Employment C Housing A+ Health & safety C- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 18,280
• Population (ZIP): 9,561

Population outlook (Hernando County) Hauer SSP2

• Today (2025): 189,218 people
• By 2030: 194,367 · +2.7%
• By 2040: 203,398 · +7.5%
• By 2050: 209,589 · +10.8%
• By 2075: 218,452 · +15.4%
• By 2100: 205,923 · +8.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Two or more races 18% Hispanic / Latino 18% Black 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 8%
• Common ancestry: Romanian 5% Italian 3% Slovak 3%
• Foreign-born: 7% · Canada, Jamaica
• Languages at home: 89% English-only · Spanish 10%

Political lean MEDSL · Hernando

• 2024 margin: Solid R (+37.0) · D 31.1% · R 68.2%
• 2008→2024 swing: -33.5pp toward R · 2008: -3.6pp · 2024: -37.0pp
• All cycles: 2024: R+37.0 2020: R+30.2 2016: R+29.0 2012: R+8.5 2008: R+3.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -38.28%
• Current HPI: 313.122
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+5225.0% since first listed

17 events — show timeline

• 2026-05-20 Pending — HCAR
• 2026-05-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-09 Price Changed $319,500 HCAR
• 2026-05-09 Price Changed $319,500 Stellar MLS as Distributed by MLS Grid
• 2026-05-01 Price Changed $329,500 HCAR
• 2026-05-01 Price Changed $329,500 Stellar MLS as Distributed by MLS Grid
• 2026-03-26 Listed $335,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-26 Listed $335,000 HCAR
• 2022-08-01 Sold (Public Records) $304,500 Public Records
• 2022-07-29 Sold (MLS) $304,990 Stellar MLS as Distributed by MLS Grid
• 2022-02-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2022-02-10 Listed $304,990 Stellar MLS as Distributed by MLS Grid
• 2021-04-06 Sold (MLS) $23,500 Stellar MLS as Distributed by MLS Grid
• 2021-02-15 Listed $24,900 Stellar MLS as Distributed by MLS Grid
• 2004-05-28 Sold (Public Records) $6,000 Public Records
• 2004-05-25 Sold (MLS) $6,000 HCAR
• 2004-04-08 Listed $6,000 HCAR

Property tax history

+38.1%/yr

Latest (2025): $4,679 · +0.0% YoY. Source: county tax records.