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For sale
  • $498,900

    5421 Gay St, Weeki Wachee, FL 34607

    2beds
    912sqft
    : 
    $3,304/mo
    Get pre-qualified
    Single Family Residence
    Built in 1963
    8,712 Square Feet Lot
    $477,900 Zestimate®
    $547/sqft
    $-- HOA

    What's special

    Rv hookupComfortable updated homeSun deckWaterfront gazeboOne-of-a-kind waterfront escapePorcelain wood-look tile flooringFire pit
    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 has to offer. 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.
    45 days
    348
    24

    Zillow last checked:

    Listing updated:

    Listed by:

    Summer Philhower 352-835-9047,

    Peoples Trust Realty Inc

    Source: HCMLS,MLS#: 2260515MLS Logo

      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: Covered, Front Porch, Porch, Rear Porch, Screened
      • Exterior features: Outdoor Shower, Other
      • 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: 8,712 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, Frame
      • 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: $547/sqft
      • Tax assessed value: $401,492
      • Annual tax amount: $5,279
      • Date on market: 8/8/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $477,900

        $454,000 - $502,000

        $1,938/mo

        Price history

        DateEventPrice
        8/8/2026Listed for sale$498,900-9.3%$547/sqft
        Source: HCMLS #2260515 Report a problem
        7/2/2026Listing removed$550,000$603/sqft
        Source: HCMLS #2253205 Report a problem
        6/22/2026Listed for sale$550,000$603/sqft
        Source: HCMLS #2253205 Report a problem
        5/30/2026Pending sale$550,000$603/sqft
        Source: Stellar MLS #TB8382284 Report a problem
        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
        2025$5,280 -16.5%$401,492 +1.7%
        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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        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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