$1,100,000
SOLD FEB 10, 2025

1355 Osowaw Blvd Spring Hill, FL 34607

48 Acres
$22,774 Price per Acre
2,103,948 Sq Ft Lot

Recently Sold

$965 Per Sq Ft

38 Days on Market

Highlights

  • Boat Ramp
  • 48.3 Acre Lot
  • No HOA
  • Property Fronts a Bay or Harbor
  • Wooded Lot
  • Pasture

About This Lot

As of February 2025

The opportunity is to purchase a 48-acre waterfront property in Aripeka (Hernando County). The property is partially wooded and features a six acre bluff which boasts unobstructed water views and its own boat launch. With its size, water access, and wooded areas, the property is perfect for an estate or weekend getaway for outdoor enthusiasts. The northern parcel (45.7 acres) is zoned AG (Agriculture), while the remaining three frontage parcels (2.6 acres) are zoned R1B (Residential), which allows for medium-density residential development. In addition to the bluff, there are an estimated 20 acres of uplands along Osowaw Blvd and Indian Bay Road. Water is to the property and sewer is 1.6 miles down Osowaw Blvd. The site has significant frontage on multiple streets: Osowaw Boulevard (719 feet), Indian Bay Road (1,523 feet), and Shine Lane (2,218 feet). There are two houses on site- one with 2,766 sq ft built in 1984 and another with 1,483 sq ft built in 1958. The condition of the houses is unknown and requires further assessment. The property is located at 3217 Shine Lane, accessed via Osowaw Boulevard (County Road 595) in Aripeka in southern Hernando County. Aripeka is a peaceful, historic town on Florida's Nature Coast, nestled between the Gulf of Mexico, marshes, and natural springs. The town's tranquil, laid-back atmosphere is reflected in its scenic streets, where the surrounding natural beauty shapes the environment. The site is two miles away from US Highway 19, where local shops, medical, and restaurants are located. Given its close proximity to the highway, it is commutable to nearby cities: Weeki Wachee (12 minutes), Spring Hill (20 minutes), Brooksville (35 minutes), Tarpon Springs (40 minutes), Homosassa (40 minutes), Crystal River (50 minutes), and Tampa (1 hour). In addition, the property has easy access to nearby recreational destinations, including Weeki Wachee Preserve, SunWest Park, Pine Island Park, and Cabot Citrus Farms.

Last Agent to Sell the Property

Michael Strahan

ESHENBAUGH LAND COMPANY Brokerage Phone: 813-287-8787 License #3320707 Listed on: 11/08/2024

Last Buyer's Agent

Michael Strahan

ESHENBAUGH LAND COMPANY Brokerage Phone: 813-287-8787 License #3320707 Listed on: 11/08/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,875

Lot Details

  • 48.3 Acre Lot
  • Lot Dimensions are 1925x887x252x1058x276x410x719
  • Property Fronts a Bay or Harbor
  • Property fronts a county road
  • Rural Setting
  • Wooded Lot
  • 4 Lots in the community
  • Additional Parcels
  • Property is zoned AG, R1B

Additional Features

  • Full Bay or Harbor Views
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number R25-423-16-0000-0420-0000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Access to Bay or Harbor
  • Boat Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$18,875

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 48.3
  • Lot Size Sq Ft: 2103948
  • Number Of Lots: 4
  • Directions to Property: The property is located approximately 2.3 miles down Osowaw Blvd, which is accessed via US-19 in Aripeka in Hernando County.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1056914
  • RATIO Current Price By Calculate: 0.52
  • Total Acreage: 20 to less than 50
  • Water Access YN: 1
  • Attribution Contact: 813-287-8787
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1355

Exterior Features

  • Road Frontage Type: County Road, Other
  • Water Body Name: INDIAN BAY
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor
  • Water Extras: Boat Ramp - Private
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Price Per Acre: 22774

Utilities

  • Utilities: Sewer Nearby, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: AG, R1B
  • Parcel Number: R25-423-16-0000-0420-0000
  • Additional Parcels Description: R25-423-16-0000-0560-0000, R25-423-16-0000-0540-0000, R25-423-16-0000-0550-0000
  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Features: Buildable, City Limits, In County, Pasture, Rural, Wooded
  • Lot Dimensions: 1925x887x252x1058x276x410x719
  • Flood Zone Code: AE
  • Lot Size Square Meters: 195463
  • Current Adjacent Use: Residential,Vacant

Tax Info

  • Tax Annual Amount: 18875.03
  • Tax Block: 0
  • Tax Book Number: 992-1586

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2020
Sold by
Rosenquist Melinda T and Coebett Andrew John
Bought by
Rosenquist John
Current Estimated Value
$742,837
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Sold $1,100,000 0.0% $965 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
11/08/2024 11/08/24 For Sale $1,100,000 -- $965 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,162 $112,587 -- --
2023 $2,162 $102,352 $0 $0
2022 $1,910 $93,047 $0 $0
2021 $1,389 $84,588 $40,576 $44,012
2020 $1,506 $75,525 $36,887 $38,638
2019 $1,515 $73,729 $36,887 $36,842
2018 $1,089 $70,854 $36,887 $33,967
2017 $1,324 $66,947 $36,887 $30,060
2016 $1,145 $61,672 $0 $0
2015 $1,145 $60,387 $0 $0
2014 $1,079 $59,166 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8319213

Stellar MLS

APN: R25-423-16-0000-0540-0000