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$550,000
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Property Description
Write Your Own Story In the heart of Weeki Wachee-where crystal-clear spring waters wind gently toward the Gulf, where manatees drift like living sculptures beneath the surface, and where the legendary mermaids of Weeki Wachee Springs State Park have enchanted generations-there exists a way of life that feels untouched, unhurried, and entirely unforgettable. Here, mornings begin with the quiet glide of a kayak along the river, afternoons unfold beneath the Florida sun with paddleboards and boats drifting toward the Gulf, and evenings are reserved for waterfront dining, golden sunsets, and the rhythmic lull of water against the shore. From the depths of Hospital Hole to the lively local marinas and hidden restaurants accessible by boat, this is not just a destination-it's a feeling. A rhythm. A return to something simpler, yet richer. And nestled within this rare coastal paradise on Gay Street is a property that captures it all. Set along an extraordinary stretch of waterfront, this private riverfront retreat is more than a home-it is an experience. With expansive water frontage and direct access to the Gulf, it invites you to live fully immersed in the Nature Coast lifestyle. Launch your boat from your own backyard. Watch wildlife pass by as if on cue. Gather under the stars by the fire pit, or sip coffee at sunrise as the river awakens around you. Inside, the home is a seamless extension of its surroundings-light-filled, thoughtfully designed, and curated for comfort. Every detail speaks to ease and elegance, creating a space that feels both refined and effortlessly relaxed. It is the kind of place where days blur together in the best way, where time slows down, and where memories are made without effort. Equally compelling is its potential-not only as a personal escape but as a high-performing vacation rental in one of Florida's most sought-after waterfront markets. Travelers come here searching for exactly this: authenticity, beauty, and access to everything that makes Weeki Wachee so iconic. And this property delivers it in full. This is not just a home on the river. It is your front-row seat to a lifestyle most only visit-and now, one you can own. Property Highlights: 2 Bedroom | 2 Bathroom Riverfront Bungalow Situated on an oversized double lot on a quiet dead-end street Completely remodeled from top to bottom - true turnkey opportunity Approx. 260 ft of waterfront with direct Gulf access via deep canal Private boat launch - be on the water in minutes 160 ft seawall - ideal for boating, docking, and waterfront living Fully furnished - perfect for personal use or immediate vacation rental income Bright, open-concept layout with water views from nearly every room Porcelain wood-look tile flooring throughout Modern kitchen with soft-close cabinetry, granite countertops, stainless steel gas stove, breakfast bar, and built-in washer/dryer combo Spacious primary bedroom + bunk room for guests Two spa-inspired bathrooms with premium finishes and glass-enclosed showers French doors leading to a screened-in porch overlooking the water Expansive outdoor living: fire pit, gazebo, outdoor shower 12x24 detached shed with electric, French doors, deck & awning - ideal for studio, office, or workshop RV hookup and ample parking for boats, trailers, and multiple vehicles Surrounded by lush tropical landscaping for ultimate privacy and ambiance A rare opportunity to own a true waterfront sanctuary in one of Florida's magical coastal communities.
Full Property Details
Full Property Details for 5421 Gay St
General
- Price: $550,000
- Taxes: $6,327 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8382284
- Updated: 6/23/2026
- Added to Site: 421 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 6
- Interior Features: Ceiling Fan(s)
- Fireplace: Yes
- Fireplace(s): Electric
- Appliances: Dryer, Microwave, Range, Refrigerator, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Kitchen
Exterior
- Exterior Features: French Doors, Outdoor Shower, Rain Gutters, Storage
- Deck/Patio: Covered, Front Porch, Patio, Rear Porch, Screened
- Porch/Patio/Deck: Covered, Front Porch, Patio, Rear Porch, Screened
Location
- Area: 34607 - Spring Hl/Brksville/WeekiWachee/Hernando Bch
- County: Hernando
- Development Name: 34607 - Spring Hl/Brksville/WeekiWachee/Hernando Bch
- Subdivision: WEEKI WACHEE GARDENS
- Driving Directions: Shoal Line Blvd to Darlene St. to Gay St
- Direction Faces: South
School Information
- Elementary School: Westside Elementary-HN
- Middle School: Fox Chapel Middle School
- High School: Weeki Wachee High School
Community
- Community Name: 34607 - Spring Hl/Brksville/WeekiWachee/Hernando Bch
Heating & Cooling
- Cooling Type: Mini-Split Unit(s)
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Propane, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Block
- Roof: Metal
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 912
- Sq. Ft. Source: Public Records
- Year Built: 1963
Additional Structures
- Other Structures: Shed(s), Storage
Lot Features
- Property View: Water
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,209
- Lot Size: 10209
- Frontage: Street Dead-End, Street Paved
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Freshwater, River
- Water Extras: Yes
- Water Front Desc.: Freshwater Canal, Canal Front, River Front
Financial Considerations
- Tax Amount: $6,327
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: WEEKIWACHEE GARDENS UNIT 4 LOTS 74 & 75 ORB 533 PG 419 & ORB 641 PG 1709
- Flood Zone Info: AE
- APN: R3222217396000000740
- Property ID: R3222217396000000740
Listed by People's Trust Realty
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Schools
Schools serving 5421 Gay St
School District:Hernando County School District
| Name | Grades | Distance |
|---|---|---|
Westside Elementary School, Spring Hill, FL 5400 Applegate Drive, Spring Hill, FL 34606 | PK-5 | 5.5 mi |
Fox Chapel Middle School 9412 Fox Chapel Lane, Spring Hill, FL 34606 | 6-8 | 3.9 mi |
Weeki Wachee High School 12150 Vespa Way, Weeki Wachee, FL 34614 | 9-12 | 6.5 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 5421 Gay St
Date
Details
Price
Change
Source
4/21/2026
Price Reduced
$550,000
-1.77%
MLS
4/03/2026
Price Reduced
$559,900
-0.9%
MLS
1/06/2026
Price Reduced
$565,000
-0.18%
MLS
12/27/2025
Price Reduced
$566,000
-0.18%
MLS
12/21/2025
Price Reduced
$567,000
-0.18%
MLS
12/14/2025
Price Reduced
$568,000
-0.18%
MLS
11/20/2025
Price Reduced
$569,000
-5.01%
MLS
9/11/2025
Price Reduced
$599,000
-4.77%
MLS
7/25/2025
Price Reduced
$629,000
-10.01%
MLS
5/05/2025
Listed
$699,000
20.52%
MLS
10/14/2022
Sold
$580,000
—
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 5421 Gay St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,280
-17%
$401,492
2%
2024
$6,327
16%
$394,698
10%
2022
$5,474
89%
$360,404
220%
2022
$2,896
330%
$112,586
3%
2021
$674
-61%
$109,307
1%
2020
$1,744
97%
$107,798
2%
2019
$886
3%
$105,374
2%
2018
$859
9%
$103,409
2%
2017
$790
107%
$101,282
2%
2016
$382
-4%
$99,199
1%
2015
$399
-48%
$98,509
1%
2014
$773
—
$97,727
1%
2013
$771
—
$96,283
—
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 5421 Gay St
5421 Gay Street, Weeki Wachee, FL 34607 (MLS# TB8382284) is a Single Family property with 2 bedrooms and 2 full bathrooms. 5421 Gay Street is currently listed for $550,000 and was received on May 05, 2025. Want to learn more about 5421 Gay Street? Do you have questions about finding other Single Family real estate for sale in Weeki Wachee? You can browse all Weeki Wachee real estate or contact a Coldwell Banker agent to request more information.

