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For sale
  • $574,000

    15217 Bailey Hill Rd, Brooksville, FL 34614

    7beds
    580sqft
    : 
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    Single Family Residence
    Built in 1978
    5 Acres Lot
    $-- Zestimate®
    $990/sqft
    $-- HOA

    What's special

    Exterior utilitiesComplete interior updatesBonus flex roomAmple parking throughoutSubstantial cleared usable landUtility sinkWasher and dryer
    One or more photo(s) has been virtually staged. Rare Income-Producing Opportunity: Fully renovated 5-acre multi-family compound in Brooksville, Hernando County, featuring three separate residences plus detached garage/workshop on agriculturally zoned, fully fenced land with NO HOA and NO CDD fees. This turnkey investment property offers immediate rental income potential, multi-generational living flexibility, or agricultural business operations with multiple revenue streams. Zoning: Agricultural (AG)—buyer to verify —allows residential use, livestock, farming, nursery operations, equestrian activities, RV/equipment storage, and home-based businesses, subject to county permits. Property includes 4 structures with individual utilities: (1) Block-constructed 1-bedroom/1-bathroom home (approx. 580sqft) with bonus flex room, completely rewired electrical system(2025), updated kitchen and bathroom, new roof October 2025, central AC, individual electric meter, separate septic system, own postal address, and exterior water/electrical hookups; (2) Renovated 3-bedroom/2-bathroom double-wide mobile home (1973) with complete interior updates, modern kitchen and bathrooms, luxury vinyl flooring, central AC, individual electric meter, separate septic, own postal address, aluminum roof (1999), washer and dryer, and exterior utilities; (3) Second renovated 3-bedroom/2-bathroom double-wide mobile home (1972) with complete electrical system replacement (2025), full interior updates, kitchen, bathrooms, contemporary ceramic tile flooring, central AC, individual electric meter, separate septic system, own postal address, Aluminum Roof (1999), washer and dryer and exterior water/electrical access; (4) Block-constructed detached garage with finished interior, utility sink, electricity, water hookup, new roof October 2025, suitable for studio, workshop, or additional storage/rental income. Each residence has its own postal address, enabling separate rental agreements. The completely fenced 5-acre parcel includes substantial cleared usable land ideal for small livestock, gardens, workshops, equipment parking, RV/boat storage, or future agricultural expansion. Infrastructure highlights: Private well system serving all structures, separate septic tanks, individual electric meters for each living unit allowing tenant-paid utilities, exterior hose bibs and 110V electrical outlets on all structures, central AC systems in all three homes, and ample parking throughout. The fully fenced acreage offers cleared land perfect for vegetable gardens, farming, chicken coops, goat/sheep enclosures, horse paddocks, greenhouse operations, or nursery business—all subject to Hernando County zoning regulations and permits. Income potential: Three rentable residences with separate addresses and utilities create immediate cash flow, while garage/workshop adds rental or business value. Prime Brooksville location with convenient access to US-19, Cortez Boulevard (SR-50), Weeki Wachee Springs State Park, Brooksville downtown, shopping (Walmart, Publix), dining, Oak Hill Hospital, and essential services—perfect balance of rural privacy with urban convenience. This turnkey agricultural compound with NO HOA/NO CDD provides unlimited flexibility for investors, multi-generational families, agricultural entrepreneurs, or income property seekers in Florida's Nature Coast. Showings strongly recommended to appreciate the extensive renovations, income-producing layout, and versatility this rare 5-acre property offers.
    223 days
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    1,192
    |
    74
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    Zillow last checked:

    Listing updated:

    Listed by:

    Maria Mirt Sanchez 352-679-6285,

    JPT REALTY LLC 813-325-4177

    Source: Stellar MLS,MLS#: W7880797MLS LogoOriginating MLS: Suncoast Tampa

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 5
      • Full bathrooms: 5
      Primary bedroom
      • Features: Built-in Closet
      • Level: First
      • Area: 99 Square Feet
      • Dimensions: 9x11
      Kitchen
      • Level: First
      • Area: 106.49 Square Feet
      • Dimensions: 8.7x12.24
      Living room
      • Level: First
      • Area: 165.53 Square Feet
      • Dimensions: 9.14x18.11
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Microwave, Range, Refrigerator
      • Laundry: Outside
      Features
      • None
      • Flooring: Ceramic Tile, Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 720
      • Total interior livable area: 580 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Lighting
      Lot
      • Size: 5 Acres
      Details
      • Parcel number: R0242218000003100000
      • Zoning: AG
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1978

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      HOA
      • Has HOA: No
      Location
      • Region: Brooksville

      Financial & listing details

      • Price per square foot: $990/sqft
      • Tax assessed value: $194,202
      • Annual tax amount: $3,731
      • Date on market: 11/16/2025
      • Cumulative days on market: 205 days
      • Listing terms: Cash,Conventional,Other
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Gravel, Limerock

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/4/2026Price change$574,000-4.2%$990/sqft
        Source: Stellar MLS #W7880797 Report a problem
        11/16/2025Listed for sale$599,000+604.7%$1,033/sqft
        Source: Stellar MLS #W7880797 Report a problem
        1/22/2018Sold$85,000-26.1%$147/sqft
        Source: Public Record Report a problem
        11/18/2017Price change$115,000-11.5%$198/sqft
        Source: MCBRIDE KELLY & ASSOCIATES #T2904248 Report a problem
        11/2/2017Price change$130,000-3.7%$224/sqft
        Source: MCBRIDE KELLY & ASSOCIATES #T2904248 Report a problem
        10/27/2017Price change$135,000-3.6%$233/sqft
        Source: MCBRIDE KELLY & ASSOCIATES #T2904248 Report a problem
        10/22/2017Price change$140,000-6.7%$241/sqft
        Source: MCBRIDE KELLY & ASSOCIATES #T2904248 Report a problem
        9/21/2017Listed for sale$150,000+11.1%$259/sqft
        Source: MCBRIDE KELLY & ASSOCIATES #T2904248 Report a problem
        6/22/2000Sold$135,000$233/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,731 +7%$135,490 +10%
        2023$3,487 +18.3%$123,173 +10%
        2022$2,948 +10.1%$111,975 +10%
        2021$2,677 +13.5%$101,795 +10%
        2020$2,359 +65.4%$92,541 +5%
        2019$1,426 +16.4%$88,176 +10.6%
        2018$1,225 -39%$79,701 -0.7%
        2017$2,007 $80,247 +3.7%
        2016$2,007 +4.2%$77,376 +1%
        2015$1,925 +2.8%$76,578 +1.4%
        2014$1,874 +54.8%$75,529 +0.5%
        2013$1,211 -5.1%$75,120 -9.7%
        2012$1,276 -2.8%$83,183 -4.3%
        2011$1,313 -15.7%$86,927 -15.9%
        2009$1,557 -14.7%$103,336 -13%
        2008$1,825 -37.2%$118,752 -28.7%
        2006$2,905 $166,635 +11.8%
        2005-- $149,078 +28.2%
        2004$2,192 +8%$116,322 +9.8%
        2003$2,028 +6.2%$105,966 +6.5%
        2002$1,910 +15.1%$99,459 +13.7%
        2001$1,659 +124.2%$87,504 +36.8%
        2000$740 $63,950

        Find assessor info on the county website

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          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 34614

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