0 PortSpring Hill, FL 34606Price: $259,000

  • Price: $259,000
  • Est. Mortgage of $/month
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Federal 30-year interest rate: 6.66% last updated on Aug 27, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $259,000List Price
Prime 1.05-acre multifamily development opportunity in Spring Hill, located in an established Hernando County neighborhood with winding streets, mature trees, and convenient access to US 19. The property backs up to a preserved wetland and pond, creating a private, semi-rural setting while remaining close to major roads, local amenities, and surrounding residential areas. Zoned PDP(MF), the property offers the potential to develop up to 14 units, making it an attractive opportunity for multifamily investors and developers. The owner has a survey and engineering plans available upon request, providing additional information for buyers evaluating the property's development potential. The property is located in Flood Zone X, which is generally considered an area of minimal flood hazard under current FEMA flood maps. Buyers should independently verify the current flood zone designation, flood insurance requirements, building regulations, environmental conditions, and all applicable d

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$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.66% last updated on Aug 27, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by of Sunland Real Estate, LLC.

 "Based on information submitted to Martin County REALTORS® of the Treasure Coast as of September 3, 2026 4:16 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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