About This Home

This 2-bedroom, 2-bathroom single family at 5421 Gay Street in Weeki Wachee, FL is listed for $498,900 ($547 per sqft). Built in 1963, the home offers 912 sqft of living space on a 0.20 acres lot.

Key Features

  • Built in 1963
  • 0.20 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
2 full
1963

Amenities

FireplaceWaterfrontViewA/C
Listing Description

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 cook

ing, 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.

Monthly Cost Estimate

$2,668/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146

Estimates only. Actual payments may vary.

Location

5421 Gay Street

Weeki Wachee, FL 34607

Weeki Wachee Gardens Un 4

Features & Amenities

Interior Features

Breakfast BarCeiling Fan(s)Smart Thermostat

Exterior Features

Outdoor Shower

Property Details

Flooring

Tile

Construction

Block Frame

Views

RiverWater

Outdoor Features

Porch

Parking

Off Street

Heating

Electric (Heating)

Cooling

Window Unit(s)Wall/Window Unit(s)

Appliances

Gas RangeGas Water HeaterMicrowaveRefrigeratorWasher/Dryer Stacked

Questions & Answers

This 2-bedroom, 2-bathroom single family at 5421 Gay Street is listed at $498,900 ($547/sqft). The estimated monthly payment is $2,669 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1963, 0.20 acre lot, Fireplace, Waterfront. Interior Features: Breakfast Bar, Ceiling Fan(s), Smart Thermostat. Exterior Features: Outdoor Shower.

This property is listed by Summer Philhower.

SP

Summer Philhower

License 3378922

Agent at People's Trust Realty

Listed by People's Trust Realty · Broker phone: (352) 688-7022 · View on Broker Site · Broker website

MLS# 2260515· Source: Hernando County Association of REALTORS®, Inc.· 84 days on PropertySimple

Copyright © 2026 Hernando County Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5421 Gay Street, Weeki Wachee, FL 34607

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