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About this home
15.7 Acres Commercial Way is a home Weeki Wachee. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Prime commercial opportunity on busy US Hwy 19/Commercial Way featuring 15.7 acres of land, excellent highway visibility, strong traffic exposure with an AADT of 26,424 vehicles, and dual access from both Commercial Way and Clarita Street - positioning this parcel for outstanding future potential. Currently zoned agricultural, this property offers added upside with potential for commercial rezoning, making it an attractive option for a variety of commercial or mixed-use development opportunities. The existing billboard provides an additional income stream, adding immediate value while you plan for future use. Located approximately 2 miles north of Cortez Boulevard in a fast-growing area of Hernando County, the property is surrounded by shopping, dining, medical facilities, established neighborhoods, and everyday conveniences. Its location along Florida's Adventure Coast also places it near the Gulf of Mexico, Weeki Wachee Springs, and other popular area attractions that continue to draw both residents and visitors. With highway frontage, rear access, income potential, and development flexibility in a rapidly expanding corridor, this 15.7-acre parcel is a standout investment opportunity with strong long-term upside.
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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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
$2,700,000
Time on market
170 days
Monthly payment
About $15,635/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,430 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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