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$498,900

5421 GAY STREET, WEEKI WACHEE, FL 34607

3D Tour
Active0 days on market

Beds

2

Baths

2

Sq Ft

912 sq ft

Year Built

1963

Lot Size

0.23 acres

Garage

About This Property

Virtually Staged. WRITE YOUR OWN STORY in the heart of WEEKI WACHEE, where crystal-clear spring waters wind toward the Gulf, manatees drift through the waterways, and the legendary mermaids of Weeki Wachee Springs have enchanted generations. Tucked away on a QUIET DEAD-END STREET, this beautifully remodeled 2 BEDROOM, 2 BATH WATERFRONT BUNGALOW offers the opportunity to experience the Florida Nature Coast lifestyle from your own backyard. Situated on an OVERSIZED DOUBLE LOT with APPROXIMATELY 260 FT OF WATERFRONT, 160 FT OF SEAWALL, a PRIVATE BOAT LAUNCH, and DIRECT GULF ACCESS VIA DEEP CANAL, this property was made for those who love life on the water. Launch your boat, kayaks, or paddleboards without leaving home, spend the day exploring the Weeki Wachee waterways and Gulf, then return for an evening around the FIRE PIT overlooking your own waterfront retreat. COMPLETELY REMODELED FROM TOP TO BOTTOM and offered FULLY FURNISHED, this home provides a TRUE TURNKEY OPPORTUNITY for a full-time residence, weekend getaway, or VACATION RENTAL. Inside, the BRIGHT, OPEN-CONCEPT FLOOR PLAN features PORCELAIN WOOD-LOOK TILE THROUGHOUT and beautiful WATER VIEWS FROM NEARLY EVERY ROOM. The UPDATED KITCHEN features SOFT-CLOSE CABINETRY, GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, GAS STOVE, BREAKFAST BAR, and a BUILT-IN WASHER/DRYER COMBO. The home offers a SPACIOUS PRIMARY BEDROOM plus a BUNK ROOM for additional guests and TWO BEAUTIFULLY UPDATED BATHROOMS featuring premium finishes and GLASS-ENCLOSED SHOWERS. FRENCH DOORS open to the SCREENED WATERFRONT PORCH, creating the perfect place for morning coffee, evening cocktails, or simply watching the wildlife and water go by. Outdoor living continues with a FIRE PIT, GAZEBO, OUTDOOR SHOWER, and LUSH TROPICAL LANDSCAPING providing privacy and that unmistakable Old Florida atmosphere. Need additional space? The property also includes a 12' X 24' DETACHED SHED WITH ELECTRIC, FRENCH DOORS, DECK AND AWNING--ideal for a WORKSHOP, STUDIO, OFFICE, HOBBY SPACE, or additional storage. An RV HOOKUP and AMPLE PARKING provide plenty of room for BOATS, TRAILERS, RVs, and multiple vehicles. Whether you're kayaking the river, boating toward the Gulf, visiting nearby waterfront restaurants, exploring Hospital Hole, or simply relaxing in your own backyard, this property puts the WEEKI WACHEE WATERFRONT LIFESTYLE at your fingertips. With its EXPANSIVE WATERFRONT, PRIVATE BOAT LAUNCH, DIRECT GULF ACCESS, OVERSIZED DOUBLE LOT, TURNKEY FURNISHINGS, and VACATION RENTAL POTENTIAL, this is more than a home on the water--it is an opportunity to own your own piece of Florida's Nature Coast. COME WRITE YOUR OWN STORY ON THE WATER.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #TB8538007
StatusActive
Year Built1963
Total Rooms5
ConstructionBlock, Wood Frame (FSC Certified)
RoofMetal
FoundationSlab
FacesSouth
SubdivisionWEEKI WACHEE GARDENS
CountyHernando
OwnershipFee Simple
FurnishedFurnished

Interior Features

InteriorCeiling Fan(s), Stone Counters, Window Treatments
FlooringCeramic Tile
AppliancesGas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater
LaundryIn Kitchen, Inside
CoolingCentral Air
HeatingElectric
FireplaceYes ()

Exterior & Lot

ExteriorOutdoor Shower, Private Mailbox, Rain Gutters, Storage
Other StructuresShed(s)
Lot Size0.23 acres (10,209 sq ft)
Lot FeaturesCleared, Street Dead-End
Road SurfacePaved
ViewWater
0

Waterfront

WaterfrontYes
FeaturesCanal - Freshwater

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Connected, Propane, Sewer Connected, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$498,900
Annual Taxes$5,280 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningR1A
Parcel #R3222217396000000740

Schools

ElementaryWestside Elementary-HN
MiddleFox Chapel Middle School
HighWeeki Wachee High School

Directions

Shoal Line Blvd to Darlene St. to Gay St.

Location

5421 GAY STREET, WEEKI WACHEE, FL 34607

Listing Information

OfficePEOPLE'S TRUST REALTY
ListedAugust 15, 2026

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Home Price

$498,900

20% ($99,780)
6.75%

Loan Term

Principal & Interest$2,589
Property Tax (est.)$457
Insurance (est.)$150
Total Monthly$3,196
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $498,900 home in WEEKI WACHEE.

🏛️

FHA Loan

$17,462 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$24,945 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Hernando County SHIP

Varies

Income-qualifying Hernando residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: August 15, 2026.

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