




5421 GAY ST
Weeki Wachee, Hernando, FL, 34607
Active$498,900
$547/sqft
About this home
WRITE YOUR OWN STORY ON THE WATER BACK ON THE MARKET THROUGH NO FAULT OF THE PROPERTY! Previous buyers were unable to close due to personal circumstances -- their loss is your opportunity to own a truly unique piece of the Weeki Wachee waterfront lifestyle. Priced to sell and ready for its next owner! Welcome to this one-of-a-kind waterfront escape in sought-after Weeki Wachee Gardens. Situated on multiple lots at the end of a quiet dead-end street, this rare corner property is surrounded by water on approximately two-thirds of the property and offers approximately 260 feet of waterfront -- creating exceptional privacy, expansive water views and a setting that's difficult to duplicate. Whether your dream is a full-time waterfront home, Florida getaway, boating and kayaking retreat, short-term vacation rental, or long-term investment property, this Nature Coast gem offers incredible flexibility for today and the future. Inside, you'll find a comfortable, updated home featuring a modern kitchen with granite countertops and gas cooking, porcelain wood-look tile flooring, two updated bathrooms, a primary bedroom plus bunk room, and a convenient washer/dryer combination. But the real magic is outside. Enjoy Florida living from the screened porch, waterfront gazebo, sun deck and fire pit. Grab one of the included kayaks and head out to explore the crystal-clear waters of the Weeki Wachee. Manatees, turtles and other wildlife are frequent visitors to the surrounding waterways, creating your own little piece of Florida paradise. The oversized property offers abundant room for vehicles, boats and trailers, along with an RV hookup. Approximately 160 feet of seawall complements the property's extensive waterfrontage and outdoor living spaces. Just a short walk from Rogers Park and its public boat launch, you'll have easy access to boating, kayaking and everything the Weeki Wachee River lifestyle. Weeki Wachee Springs State Park, Hospital Hole, local restaurants and Gulf access via Bayport are also nearby. The property has been successfully used as a short-term vacation rental, giving its next owner even more possibilities. Continue using it as a vacation rental, make it your own weekend escape or second home, settle in full-time, or hold this unique waterfront property for the future. Rental history is available upon request. And if you've seen this home before, take another look. Multiple buyers have already fallen in love with this special property and put it under contract, but buyer circumstances prevented those transactions from closing -- not an issue with the property. Now it's your opportunity. Come fall in love with this Nature Coast gem and discover waterfront living, boating, kayaking, wildlife and the laid-back Weeki Wachee lifestyle -- right from your own backyard.
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. PEOPLE'S TRUST REALTY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.
33 days on market
Listed by: Summer Philhower · 352-835-9047—PEOPLE'S TRUST REALTY · 727-946-0904
Updated from Real Estate Market Data
MLS/IDX data last updated: October 24, 2026 10:12 PM . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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