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. MUST SEE!
For sale
Price cut: $9.9K (4/22)
$550,000
5421 Gay St, Weeki Wachee, FL 34607
2beds
912sqft
Est.:
Single Family Residence
Built in 1963
10,018.8 Square Feet Lot
$-- Zestimate®
$603/sqft
$-- HOA
What's special
- 367 days |
- 603 |
- 26 |
Zillow last checked:
Listing updated:
Listed by:
Summer Philhower 352-835-9047,
Peoples Trust Realty Inc
Source: HCMLS,MLS#: 2253205
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Electric, Other
Cooling
- Wall/Window Unit(s), Other
Appliances
- Included: Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer/Dryer Stacked
- Laundry: In Unit
Features
- Breakfast Bar, Ceiling Fan(s), Smart Thermostat
- Flooring: Tile
- Has fireplace: Yes
- Fireplace features: Electric
Interior area
- Total structure area: 912
- Total interior livable area: 912 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Rear Porch, Screened
- Exterior features: Boat Ramp - Private, Outdoor Shower
- Has view: Yes
- View description: Canal, River, Water
- Has water view: Yes
- Water view: Canal,River,Water
- Waterfront features: Canal Front, River Access, Seawall
Lot
- Size: 10,018.8 Square Feet
- Features: Corner Lot, Dead End Street
Details
- Additional structures: Gazebo, Shed(s)
- Parcel number: R32 222 17 3960 0000 0740
- Zoning: R1A
- Zoning description: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Block
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected, Propane
Community & HOA
Community
- Subdivision: Weeki Wachee Gardens Un 4
HOA
- Has HOA: No
Location
- Region: Weeki Wachee
Financial & listing details
- Price per square foot: $603/sqft
- Tax assessed value: $394,698
- Annual tax amount: $6,326
- Date on market: 5/3/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,841/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Price change | $550,000-1.8%$603/sqft |
Source: | ||
| 4/3/2026 | Price change | $559,900-0.9%$614/sqft |
Source: | ||
| 1/6/2026 | Price change | $565,000-0.2%$620/sqft |
Source: | ||
| 12/27/2025 | Price change | $566,000-0.2%$621/sqft |
Source: | ||
| 12/21/2025 | Price change | $567,000-0.2%$622/sqft |
Source: | ||
| 12/15/2025 | Price change | $568,000-0.2%$623/sqft |
Source: | ||
| 11/19/2025 | Price change | $569,000-5%$624/sqft |
Source: | ||
| 11/7/2025 | Listed for sale | $599,000$657/sqft |
Source: | ||
| 9/27/2025 | Pending sale | $599,000$657/sqft |
Source: | ||
| 9/11/2025 | Price change | $599,000-4.8%$657/sqft |
Source: | ||
| 7/26/2025 | Price change | $629,000-10%$690/sqft |
Source: | ||
| 5/2/2025 | Listed for sale | $699,000+20.5%$766/sqft |
Source: | ||
| 10/14/2022 | Sold | $580,000-10.8%$636/sqft |
Source: | ||
| 8/30/2022 | Pending sale | $649,950$713/sqft |
Source: | ||
| 7/1/2022 | Listed for sale | $649,950$713/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,327 +7.4% | $394,698 +9.5% |
| 2023 | $5,889 +468.1% | $360,404 +220.1% |
| 2022 | $1,037 +2.4% | $112,586 +3% |
| 2021 | $1,012 +12.3% | $109,307 +1.4% |
| 2020 | $901 | $107,798 +2.3% |
| 2019 | -- | $105,374 +1.9% |
| 2018 | $528 -0.9% | $103,409 +2.1% |
| 2017 | $533 +1.2% | $101,282 +2.1% |
| 2016 | $526 -3.6% | $99,199 +0.7% |
| 2015 | $546 | $98,509 +0.8% |
| 2014 | -- | $97,727 +1.5% |
| 2013 | $537 -0.1% | $96,283 +1.7% |
| 2012 | $537 +3.8% | $94,674 +3.3% |
| 2011 | $517 | $91,679 +1.5% |
| 2010 | -- | $90,324 +2.7% |
| 2009 | $759 -2.3% | $87,949 +0.1% |
| 2008 | $776 -23.5% | $87,861 +5.6% |
| 2006 | $1,015 | $83,221 +3% |
| 2005 | -- | $80,797 +3% |
| 2004 | $1,007 +1.2% | $78,444 +1.9% |
| 2003 | $995 +3.2% | $76,981 +2.4% |
| 2002 | $964 +3.7% | $75,177 +1.6% |
| 2001 | $929 +2.2% | $73,993 +2.5% |
| 2000 | $909 | $72,220 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,389/mo
Principal & interest
$2697
Property taxes
$692
More affordability tools
Climate risks
Neighborhood: 34607
Nearby schools
GreatSchools rating
- 4/10Westside Elementary SchoolGrades: PK-5Distance: 5.5 mi
- 4/10Fox Chapel Middle SchoolGrades: 6-8Distance: 3.9 mi
- 3/10Weeki Wachee High SchoolGrades: 9-12Distance: 6.5 mi
Schools provided by the listing agent
- Elementary: Westside
- Middle: Fox Chapel
- High: Weeki Wachee
Source: HCMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
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