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Presented by
Miriam Sirota |
One or more photo(s) has been virtually staged. Rare Income-Producing Opportunity: Fully renovated 5-acre multi-family compound in Brooksville, Hernando County, featuring three separate residences plus detached garage/workshop on agriculturally zoned, fully fenced land with NO HOA and NO CDD fees. This turnkey investment property offers immediate rental income potential, multi-generational living flexibility, or agricultural business operations with multiple revenue streams. Zoning: Agricultural (AG)—buyer to verify —allows residential use, livestock, farming, nursery operations, equestrian activities, RV/equipment storage, and home-based businesses, subject to county permits. Property includes 4 structures with individual utilities: (1) Block-constructed 1-bedroom/1-bathroom home (approx. 580sqft) with bonus flex room, completely rewired electrical system(2025), updated kitchen and bathroom, new roof October 2025, central AC, individual electric meter, separate septic system, own postal address, and exterior water/electrical hookups; (2) Renovated 3-bedroom/2-bathroom double-wide mobile home (1973) with complete interior updates, modern kitchen and bathrooms, luxury vinyl flooring, central AC, individual electric meter, separate septic, own postal address, aluminum roof (1999), washer and dryer, and exterior utilities; (3) Second renovated 3-bedroom/2-bathroom double-wide mobile home (1972) with complete electrical system replacement (2025), full interior updates, kitchen, bathrooms, contemporary ceramic tile flooring, central AC, individual electric meter, separate septic system, own postal address, Aluminum Roof (1999), washer and dryer and exterior water/electrical access; (4) Block-constructed detached garage with finished interior, utility sink, electricity, water hookup, new roof October 2025, suitable for studio, workshop, or additional storage/rental income. Each residence has its own postal address, enabling separate rental agreements. The completely fenced 5-acre parcel includes substantial cleared usable land ideal for small livestock, gardens, workshops, equipment parking, RV/boat storage, or future agricultural expansion. Infrastructure highlights: Private well system serving all structures, separate septic tanks, individual electric meters for each living unit allowing tenant-paid utilities, exterior hose bibs and 110V electrical outlets on all structures, central AC systems in all three homes, and ample parking throughout. The fully fenced acreage offers cleared land perfect for vegetable gardens, farming, chicken coops, goat/sheep enclosures, horse paddocks, greenhouse operations, or nursery business—all subject to Hernando County zoning regulations and permits. Income potential: Three rentable residences with separate addresses and utilities create immediate cash flow, while garage/workshop adds rental or business value. Prime Brooksville location with convenient access to US-19, Cortez Boulevard (SR-50), Weeki Wachee Springs State Park, Brooksville downtown, shopping (Walmart, Publix), dining, Oak Hill Hospital, and essential services—perfect balance of rural privacy with urban convenience. This turnkey agricultural compound with NO HOA/NO CDD provides unlimited flexibility for investors, multi-generational families, agricultural entrepreneurs, or income property seekers in Florida's Nature Coast. Showings strongly recommended to appreciate the extensive renovations, income-producing layout, and versatility this rare 5-acre property offers.
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$599,000
Sales Associate
William Raveis Real Estate
Phone: 917.701.8672
Miriam.Sirota@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 781.490.5670
Andrew.vanDyk@raveis.com
NMLS Mortgage Loan Originator ID 23716
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.156% | 5.609% |
| Monthly Tax Payment | $311 | $311 | $311 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,721 | $2,870 | $3,884 |
| Total Monthly Payment | $3,124 | $3,273 | $4,287 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.