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$498,900 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 5421 Gay St
General
- Price: $498,900
- Taxes: $5,280 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8538007
- Updated: Today (8/15/2026)
- Added to Site: Today
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 5
- Interior Features: Ceiling Fan(s), Stone Counters, Window Treatments
- Fireplace: Yes
- Fireplace(s): Electric
- Appliances: Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater
- Furnishings: Furnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Kitchen, Inside
Exterior
- Exterior Features: Outdoor Shower, Private Mailbox, Rain Gutters, Storage
- Deck/Patio: Covered, Deck, Front Porch, Screened
- Porch/Patio/Deck: Covered, Deck, Front 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: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water District: LYNNE CANAL
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Propane, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Bungalow
- Architectural Style: Bungalow
- Exterior Const.: Block, Wood Frame (FSC Certified)
- Roof: Metal
- Stories/Levels: One
- Square Feet: 912
- Sq. Ft. Source: Public Records
- Year Built: 1963
Additional Structures
- Other Structures: Shed(s)
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 Name: LYNNE CANAL
- Water Front Desc.: Freshwater Canal
Financial Considerations
- Tax Amount: $5,280
- Tax Year: 2025
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
8/15/2026
Listed
$498,900
-13.98%
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# TB8538007) is a Single Family property with 2 bedrooms and 2 full bathrooms. 5421 Gay Street is currently listed for $498,900 and was received on August 15, 2026. 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.

