5421 Gay St, photo 1
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Overview

2 bd2 ba912 sqftSingle Family
TypeSingle Family
HOANone listed
Built1963
Lot10,209 sqft
Living area912 sqft
Price / sqft$547

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About this home

Ceiling Fans(s)Stone CountersWindow TreatmentsOutdoor ShowerPrivate MailboxRain GuttersStorageGas Water Heater

5421 Gay St is a 1963-built home in Weeki Wachee Gardens, Weeki Wachee. Inside you'll find 2 bedrooms, 2 bathrooms, and 912 square feet of living space. Listed at $498,900 (about $547/sqft), 65 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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.

The essentials

Built
1963
Price / sqft
$547
On market
65 days
Annual tax
$5,280
Flood zone
AE
Lot
10,209 sqft
Type
Single Family Residence

At a glance

Single family
Built 1963
Waterfront
Canal - Freshwater
10,209 sqft lot
Lot size
912 sqft
Living area

Payment

Est. monthly payment
$3,291/mo
Down payment (20%)
$99,780
Property taxes
$440/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1963
Lot
10,209 sqft
Cooling
Central Air
Heating
Electric
Parking
-
Waterfront
Canal - Freshwater
Days on Market
65
Ceiling Fans(s)
Stone Counters
Window Treatments
Outdoor Shower
Private Mailbox
Rain Gutters
Storage
Gas Water Heater
Microwave
Range
Refrigerator
Tankless Water Heater
Elementary
Westside Elementary-HN
Middle
Fox Chapel Middle School
High
Weeki Wachee High School

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE
Annual Tax (2025)
$5,280
Parcel #
R32-222-17-3960-0000-0740

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Weeki Wachee Gardens
County
Hernando
MLS Area
34607 - Spring Hl/Brksville/WeekiWachee/Hernando Bch
Lot Size
10,209 sqft
ClearedStreet Dead-EndPaved

Price history

Date
Event
Price
8/8/2026
Listed for sale
Source: Stellar MLS #TB8538007
$498,900-14.0%
$547/sqft
10/14/2022
Sold
Source: Hernando County Public Record
$580,000
$636/sqft

Neighborhood

5421 Gay St
Weeki Wachee, FL, 34607 · 34607 - Spring Hl/Brksville/WeekiWachee/Hernando Bch

Market insights

Offer Insights

Choose an offer strength

List price: $498,900
$480,000 – $498,900
96.4% – 100% of listTops out right at the list price
80% of listList price
54 of the last 107 home closings in 34607 landed at this number or higher (50%). The median one sat 73 days before it went under contract, and this one is on day 65.

Sample: 107 closed home sales in 34607 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$3,291/mo
Principal & interest$2,602
Property taxes$440
Insurance$249
Down payment20% · $99,780
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$498,900

$547 per sq ft

Beds and baths

2 beds, 2 baths

Size

912 sq ft

Time on market

65 days

Year built

1963

Monthly payment

About $3,291/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,280 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

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Brokered byPEOPLE'S TRUST REALTYListing agent: Summer PhilhowerListing data from Stellar MLS, MLS# TB8538007.

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