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Direct Gulf Access 2 bedroom and 2 bathroom Stilt Pool Home with private spring access!
Live the ultimate Florida boating lifestyle in this fully furnished, turnkey 2-bedroom, 2-bathroom stilt home with a heated in-ground pool with screen enclosure, elevator, and TWO drive-on boat docks, all set along 70 feet of prime saltwater canal frontage leading directly to the Gulf—no fixed bridges and just minutes via the Mud River! Bring your boat, kayak, RV, and fishing poles—no HOA, no restrictions, and short-term rentals are allowed.
Watch dolphins and manatees cruise behind your home while you catch redfish, snook, and snapper right from your private backyard oasis. Enjoy the screened rear porch overlooking the canal, or dive into the pool after a day on the water.
Inside, this elevated home blends modern comforts with laid-back coastal style:
Open floor plan with vaulted ceilings
Luxury vinyl plank flooring
Granite countertops & stainless steel appliances
Washer & dryer included
Garage-level bedroom & bath, plus outdoor shed
RV hookup with electrical & sewer cap
Floating dock for additional access to the water
What truly sets this property apart is its location in Palm Grove Colony—a hidden gem community just 60 minutes north of Tampa. This quiet, spring-fed enclave sits off the beaten path, tucked away from the traffic of US 19 and SR 50. Residents enjoy exclusive access to Little Salt Spring, a community-owned freshwater spring ideal for swimming, paddleboarding, or simply unwinding in nature’s beauty.
Nestled along the 3-mile-long Mud River, which joins the Weeki Wachee River before meeting the Gulf, the area is renowned for boating, scalloping, diving, snorkeling, and intimate manatee encounters. This is classic Old Florida—no stress, just water, wildlife, and wonder.
Whether you're seeking a full-time residence, vacation retreat, or income-producing rental, this home checks all the boxes. And thanks to its elevated stilt design, even past flooding events have been minimal—an inconvenience rather than a disaster, with only the garage affected and the main living area untouched. The home comes turn key with furniture, home goods, and decorations minus a few personal items the owner wants to retain.
Come experience the magic of Palm Grove Colony—a place where the river flows freely, nature surrounds you, and the Gulf is always calling.
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $479,920 | $479,920 | $479,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.407% | 6.577% | 5.986% |
| Monthly Tax Payment | $531 | $531 | $531 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,877 | $2,994 | $3,985 |
| Total Monthly Payment | $3,500 | $3,617 | $4,608 |
* 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.