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$1,875,000 Just Listed
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Property Description
RARE DEVELOPMENT OPPORTUNITY IN HERNANDO! 9.90± acres with HDR-High Density Residential zoning/land use, strategically positioned along SR-200/N. Carl G. Rose Hwy with excellent visibility and access. Updated 2026 Citrus County documentation confirms central water and sewer facilities in the vicinity, with potential connection locations along SR-200 and E. Lake Park Dr. County service-availability correspondence references a proposed 200-unit development for the parcel. Portions of the property have been cleared for easier access and viewing. Conveniently located near shopping, schools, recreation and Lake Hernando. Ideal opportunity for builders, developers and investors. Buyer to verify zoning, density, utilities, uses and development requirements
Full Property Details
Full Property Details for 3588 E Lake Park Dr
General
- Price: $1,875,000
- Taxes: $3,422 (2025)
- Status: Active
- Type: Vacant Land
- Source: Regional
- MLS ID: B26078933
- Updated: 9/21/2026
- Added to Site: 1 day(s) ago
Location
- County: Citrus
- Subdivision: UNREC TRACTS IN 23-18S-19E
Community
- Community Name: 5940 - Other Florida County
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Investment, Vacant
Additional Structures
- Other Structures: None
Lot Features
- Property View: Lake
- Lot Size (Acres): 9.9
- Lot Size (Sq. Ft.): 435,600
- Lot Features: 5-10 Acres, Corner Lot
- Development Status: See Remarks
- Potential Use: Commercial, Development, Industrial, Investment, Medical/Dental, Multi-Family, Office, Retail, Single Family, See Remarks, Warehouse
- Zoning: HDR
Water Features
- Water View: Yes
Financial Considerations
- For Sale: Yes
- Assessment Amount: $194,415
- Tax Amount: $3,422.95
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Other, Survey
- Legal Description: COM AT NE COR OF SEC 23-18-19 TH AL S R/W LN OF E LAKE PARK DR N 88DEG 56M 22S W 1323.95 FT TO POB TH CONT N 88DEG 56M 2 2S W 19.51 FT TH N
- Property ID: 19e18s2314100
Listed by LPT Realty, LLC
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Schools
Schools serving 3588 E Lake Park Dr
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Hernando Elementary School 2975 E Trailblazer Ln, Hernando, FL 34442 | PK-5 | 1.5 mi |
Citrus Virtual Instruction Program 1007 West Main Street, Inverness, FL 34450 | K-12 | 5.9 mi |
Citrus Springs Middle School 150 West Citrus Springs Boulevard, Citrus Springs, FL 34434 | 6-8 | 5.3 mi |
Citrus High School 600 West Highland Boulevard, Inverness, FL 34452 | 9-12 | 6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3588 E Lake Park Dr
Date
Details
Price
Change
Source
9/21/2026
Listed
$1,875,000
7.14%
MLS
12/10/2005
Sold
$1,750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3588 E Lake Park Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,423
10%
$297,270
—
2024
$3,117
3%
$297,270
—
2023
$3,014
7%
$297,270
—
2022
$2,828
8%
$297,270
8%
2021
$2,626
3%
$275,490
—
2018
$2,542
100%
$275,490
234%
2017
$1,274
-4%
$82,450
—
2016
$1,325
-48%
$82,450
-70%
2019
$2,551
82%
$275,490
224%
2015
$1,401
—
$85,000
3%
2014
$1,407
-4%
$82,450
-3%
2013
$1,472
—
$85,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3588 E Lake Park Dr
3588 E Lake Park Drive, Hernando, FL 34442 (MLS# B26078933) is a Vacant Land property with a lot size of 9.9 acres. 3588 E Lake Park Drive is currently listed for $1,875,000 and was received on September 21, 2026. Want to learn more about 3588 E Lake Park Drive? Do you have questions about finding other Vacant Land real estate for sale in Hernando? You can browse all Hernando real estate or contact a Coldwell Banker agent to request more information.

