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For sale
  • Price cut: $9.9K (4/22)
    $550,000

    5421 Gay St, Weeki Wachee, FL 34607

    2beds
    912sqft
    : 
    Single Family Residence
    Built in 1963
    10,018.8 Square Feet Lot
    $-- Zestimate®
    $603/sqft
    $-- HOA

    What's special

    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!
    367 days
    |
    603
    |
    26
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Summer Philhower 352-835-9047,

    Peoples Trust Realty Inc

    Source: HCMLS,MLS#: 2253205MLS Logo

    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

        DateEventPrice
        4/22/2026Price change$550,000-1.8%$603/sqft
        Source: HCMLS #2253205 Report a problem
        4/3/2026Price change$559,900-0.9%$614/sqft
        Source: HCMLS #2253205 Report a problem
        1/6/2026Price change$565,000-0.2%$620/sqft
        Source: HCMLS #2253205 Report a problem
        12/27/2025Price change$566,000-0.2%$621/sqft
        Source: Stellar MLS #TB8382284 Report a problem
        12/21/2025Price change$567,000-0.2%$622/sqft
        Source: HCMLS #2253205 Report a problem
        12/15/2025Price change$568,000-0.2%$623/sqft
        Source: Stellar MLS #TB8382284 Report a problem
        11/19/2025Price change$569,000-5%$624/sqft
        Source: HCMLS #2253205 Report a problem
        11/7/2025Listed for sale$599,000$657/sqft
        Source: HCMLS #2253205 Report a problem
        9/27/2025Pending sale$599,000$657/sqft
        Source: Stellar MLS #TB8382284 Report a problem
        9/11/2025Price change$599,000-4.8%$657/sqft
        Source: HCMLS #2253205 Report a problem
        7/26/2025Price change$629,000-10%$690/sqft
        Source: HCMLS #2253205 Report a problem
        5/2/2025Listed for sale$699,000+20.5%$766/sqft
        Source: HCMLS #2253205 Report a problem
        10/14/2022Sold$580,000-10.8%$636/sqft
        Source: HCMLS #2225615 Report a problem
        8/30/2022Pending sale$649,950$713/sqft
        Source: HCMLS #2225615 Report a problem
        7/1/2022Listed for sale$649,950$713/sqft
        Source: HCMLS #2225615 Report a problem

        Public tax history

        YearProperty taxesTax 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
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          Climate risks

          Neighborhood: 34607

          Getting around

          7 / 100
          Car-Dependent
          28 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          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.

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