5421 Gay Street, FL
Stellar MLS

$550,000

5421 Gay Street

Weeki Wachee, FL 34607

Pending
2
Beds
2
Baths
912
Sq Ft
0.23
Acres
1963
Built
WaterfrontWater accessFireplace$603/sqft360° tour
Single Family Residence

Property type

1963

Year built

10,209 sqft

Lot size

$603

Price / sq ft

No HOA

HOA dues

334

Days on market

AE

Flood zone

About this home

Under contract-accepting backup offers. Write Your Own Story In the heart of Weeki Wachee—where crystal-clear spring waters wind gently toward the Gulf, where manatees drift like living sculptures beneath the surface, and where the legendary mermaids of Weeki Wachee Springs State Park have enchanted generations—there exists a way of life that feels untouched, unhurried, and entirely unforgettable. Here, mornings begin with the quiet glide of a kayak along the river, afternoons unfold beneath the Florida sun with paddleboards and boats drifting toward the Gulf, and evenings are reserved for waterfront dining, golden sunsets, and the rhythmic lull of water against the shore. From the depths of Hospital Hole to the lively local marinas and hidden restaurants accessible by boat, this is not just a destination—it’s a feeling. A rhythm. A return to something simpler, yet richer. And nestled within this rare coastal paradise on Gay Street is a property that captures it all. Set along an extraordinary stretch of waterfront, this private riverfront retreat is more than a home—it is an experience. With expansive water frontage and direct access to the Gulf, it invites you to live fully immersed in the Nature Coast lifestyle. Launch your boat from your own backyard. Watch wildlife pass by as if on cue. Gather under the stars by the fire pit, or sip coffee at sunrise as the river awakens around you. Inside, the home is a seamless extension of its surroundings—light-filled, thoughtfully designed, and curated for comfort. Every detail speaks to ease and elegance, creating a space that feels both refined and effortlessly relaxed. It is the kind of place where days blur together in the best way, where time slows down, and where memories are made without effort. Equally compelling is its potential—not only as a personal escape but as a high-performing vacation rental in one of Florida’s most sought-after waterfront markets. Travelers come here searching for exactly this: authenticity, beauty, and access to everything that makes Weeki Wachee so iconic. And this property delivers it in full. This is not just a home on the river. It is your front-row seat to a lifestyle most only visit—and now, one you can own. Property Highlights: 2 Bedroom | 2 Bathroom Riverfront Bungalow Situated on an oversized double lot on a quiet dead-end street Completely remodeled from top to bottom – true turnkey opportunity Approx. 260 ft of waterfront with direct Gulf access via deep canal Private boat launch – be on the water in minutes 160 ft seawall – ideal for boating, docking, and waterfront living Fully furnished – perfect for personal use or immediate vacation rental income Bright, open-concept layout with water views from nearly every room Porcelain wood-look tile flooring throughout Modern kitchen with soft-close cabinetry, granite countertops, stainless steel gas stove, breakfast bar, and built-in washer/dryer combo Spacious primary bedroom + bunk room for guests Two spa-inspired bathrooms with premium finishes and glass-enclosed showers French doors leading to a screened-in porch overlooking the water Expansive outdoor living: fire pit, gazebo, outdoor shower 12x24 detached shed with electric, French doors, deck & awning – ideal for studio, office, or workshop RV hookup and ample parking for boats, trailers, and multiple vehicles Surrounded by lush tropical landscaping for ultimate privacy and ambiance A rare opportunity to own a true waterfront sanctuary in one of Florida’s magical coastal communities.

Estimated monthly payment

Principal & interest$2,781
Property taxes$527
Home insurance (est.)$252

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history334 days on market

  1. Status: Pending
    May 30, 2026
  2. Listed$699,000
    May 5, 2025
  3. Price reduced$550,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Pending
Days on market
334
Subdivision
Weeki Wachee Gardens
County
Hernando
Year built
1963
Living area
912 sq ft
Price/sq ft
$603
Building area
1,242 sq ft (Public Records)
Lot size
10,209 sq ft
Lot category
0 to less than 1/4
Flood zone
AE (12053C0142E)
Annual taxes
$6,327 (2024)
Parcel #
R32-222-17-3960-0000-0740
Zoning
R1A
MLS #
TB8382284

Interior Details

Bedrooms
2
Full bathrooms
2
Flooring
Tile
Appliances
Dryer, Microwave, Range, Refrigerator, Washer
Interior features
Ceiling Fans(s)
Laundry
In Kitchen
Stories / Levels
One
Direction faces
South
Fireplace
Yes

Heating & Cooling

Heating
Other
Cooling
Mini-Split Unit(s)

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Min lease term
No Minimum
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
French Doors, Outdoor Shower, Rain Gutters, Storage
Construction materials
Block
Roof
Metal
Foundation
Slab
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Connected, Propane, Sewer Connected, Water Connected

Schools

ElementaryWestside Elementary-HNGreatSchools ↗
MiddleFox Chapel Middle SchoolGreatSchools ↗
High SchoolWeeki Wachee High SchoolGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Living RoomFirst17x13
Dining RoomFirst11x13
KitchenFirst10x9
Primary BedroomFirst13x10
Bedroom 2First10x14
Balcony/Porch/LanaiFirst21x9

Listing Details

Listing date
2025-05-02
On market date
2025-05-05
Original list price
$699,000
Occupant type
Owner
MLS area
34607 - Spring Hl/Brksville/WeekiWachee/Hernando Bch
Listing AOR
Suncoast Tampa
Status changed
2026-05-30
Tax legal description
WEEKIWACHEE GARDENS UNIT 4 LOTS 74 & 75 ORB 533 PG 419 & ORB 641 PG 1709

Flood risk

High riskFEMA Zone AEPanel 12053C0142E

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Shoal Line Blvd to Darlene St. to Gay St

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 30, 2026 at 12:03 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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