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Active
3
beds
3
baths
2,092
sqft
7
garage
Listed by HOME LAND REAL ESTATE INC· Last updated · MLS# W7884658
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About this home
Cathedral Ceiling(s)Ceiling Fans(s)Eat-in KitchenHigh CeilingsLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Wood Cabinets
8038 Madrid Rd is a 2001-built home in Royal Highlands, Weeki Wachee. Inside you'll find 3 bedrooms, 3 bathrooms, and 2,092 square feet of living space. Listed at $599,000 (about $286/sqft), 25 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
From the listing
NEED GARAGE SPACE??...this is the ULTIMATE PROPERTY!! HOME HAS A BRAND NEW ROOF!! Yes, it needs landscaping, the pool cleaned, and some TLC...but if you can do that...you will have the ULTIMATE PROPERTY. It has EVERYTHING!! 3 bedrooms + 2 remodeled bathrooms in the home + 3 car attached garage (23x32) + a private pool + spa + 3, yes 3, VERY LARGE DETACHED BLOCK GARAGES with tall/wide bay doors (24x60, 20x46, and 40x30) + a full bathroom in one of the garages (turn it into a full man cave) + carport (40x16) + large storage shed + all of this on 1 acre + NO FLOOD + NO HOA...so BRING ALL YOUR CARS, BOATS, CAMPERS, ATVS, bring it all!! Located near 50 and and Nightwalker/Oak Hill Hospital!! Sold As-Is Do you have a business with lots work vehicles and equipment or do you have a LOT of TOYS? This is your ultimate dream property!! Close to everything!! Shoppes, restaurants, hospitals, schools...everything!! Less than 10 minutes to kayaking, paddle-boarding, and swimming with the manatees in the clear Weeki Wachee River or enjoying a day at Buccaneer Bay Water Park!! 15 minutes to the sunsets at Pine Island, boating and fishing!! Less than 10 minutes to the Suncoast Parkway for quick and easy access to Tampa International Airport and for all the fun that Tampa Bay has to offer!! 1 hour + to TOP US BEACHES!! 1.5 hours to Disney World and Universal Studios and all the theme parks!!
The essentials
Built
2001
Price / sqft
$286
On market
74 days
Annual tax
$5,981
Flood zone
X · low risk
Lot
43,500 sqft
Type
Single Family Residence
Location
Type
Single Family Residence
Year Built
2001
Lot
43,500 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Covered, Driveway, Garage Door Opener
Pool
Gunite, In Ground, Outside Bath Access, Screen Enclosure
Days on Market
74
Cathedral Ceiling(s)
Ceiling Fans(s)
Eat-in Kitchen
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Wood Cabinets
Split Bedroom
Stone Counters
Vaulted Ceiling(s)
Walk-in Closet(s)
Lighting
Private Entrance
Private Mailbox
Private Yard
Rain Gutters
Sidewalk
Sliding Doors
Storage
Dishwasher
Electric Water Heater
Microwave
Range
Refrigerator
Elementary
Winding Waters K8
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 X
Annual Tax (2025)
$5,981
Parcel #
R01-221-17-3400-0130-0040
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
Royal Highlands
County
Hernando
MLS Area
34613 - Brooksville/Spring Hill/Weeki Wachee
Lot Size
43,500 sqft
Date
Event
Price
4/17/2026
Listed for sale
Source: Stellar MLS #W7884658
$599,000+55.6%
$286/sqft
6/21/2019
Sold
Source: Hernando County Public Record
$385,000
$184/sqft
Enter a home price - see your real monthly payment.
Loan Details
$100K$2M
Your Results
Total Monthly Payment
$3,922
Principal, interest, tax, insurance
- P&I$3,124
- Tax$498
- Insurance$300
Loan Amount
$479,200
Down Payment %
20.0%
First Year Summary
Principal
$5,058
Interest
$32,430
Balance
$474,142
Total Interest
$645,449
Total Cost
$1,124,649
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