16070 SHELDRAKE LOOP, Weeki Wachee, FL, 34614 | $50,000

Exceptional . 77 Acre Corner Lot in Royal HighlandsBuild your dream home on this spacious . 77 acre wooded corner parcel located in the desirable Royal Highlands area of Weeki Wachee. Zoned PDP (Planned Development Project), this buildable lot offers flexibility for future development and thoughtful site planning. Situated on a quiet dirt or limerock road, the property is filled with mature pines and hardwoods that provide privacy and a natural Florida setting. The corner location enhances accessibility and design options, making it ideal for a custom homesite or long term investment. Royal Highlands is known for its peaceful rural atmosphere while remaining conveniently close to everyday amenities. Just minutes away, Weeki Wachee Springs State Park offers crystal clear freshwater springs, kayaking, paddleboarding, scenic boardwalks, and the famous mermaid shows. The nearby Weeki Wachee River provides boating, fishing, and endless outdoor recreation. Shopping, dining, medical facilities, and major roadways are all a short drive away. US 19 and SR 50 offer easy access to Hernando Beach, Spring Hill, Port Richey, and the Gulf Coast beaches. With nearby schools, parks, and nature preserves, this area appeals to homeowners, snowbirds, and investors seeking space, privacy, and growth potential. Whether you are planning a private retreat or securing land in a growing region, this Royal Highlands parcel presents an excellent opportunity in West Central Florida

Features

  • Lot Size: 224 x 236 x 200 x 66
  • Lot Desc: Buildable, Corner Lot, In County, Irregular Lot, Oversized Lot, Private
  • View: Trees/Woods
  • Elem. School: Winding Waters K8
  • Middle School: West Hernando Middle School
  • High School: Weeki Wachee High School
  • MLS#: TB8473517
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /prop/TB8473517/16070sheldrakeloop_weekiwachee_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 2/24/2026 11:47:06 AM)
Listing courtesy of RE/MAX PREMIER GROUP   Phone: 813-929-7600

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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16070 SHELDRAKE LOOP, Weeki Wachee, FL, 34614

$50,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $40,000 $40,000 $40,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 5.990% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.161% 6.120% 5.541%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $224 $240 $322
Total Monthly Payment $299 $315 $397

* 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.