6248 COLONY CIRCLE, Weeki Wachee, FL, 34607 | $250,000

This is a once-in-a-lifetime opportunity to own a true Florida paradise and build your dream home on a rare spring-fed waterfront lot. This beautiful residential building site offers 439 feet of frontage on a crystal-clear 74-degree freshwater spring run connecting Little Salt Spring and Palm Grove Colony Spring. The spring run flows into the Mud River and eventually reaches the Gulf of Mexico through Bayport Channel, creating a truly unique waterfront setting unlike anything else on the Nature Coast.

Imagine stepping out your back door and floating with the gentle spring current year-round. Swim, tube, paddleboard, kayak, or simply relax while surrounded by the peaceful beauty of one of Hernando County’s hidden natural treasures. The spring-fed creek provides endless entertainment for family, guests, or future vacation renters while creating a serene old Florida atmosphere filled with native palms, coastal marshlands, wildlife, and scenic water views.

This property offers the flexibility buyers are looking for with no HOA, short-term rentals allowed, no required timeframe to build, and no designated builder restrictions. Whether you are looking to build a full-time residence, vacation getaway, or investment property, this lot offers unlimited potential. A fixed bridge limits large boat access, but the spring run still connects to the Mud River and Gulf waters for kayaking, fishing, and small watercraft adventures.

Little Salt Spring is known for its clear spring water, untouched coastal beauty, and relaxed waterfront lifestyle. Kayakers, anglers, paddleboarders, and outdoor enthusiasts are drawn to the area’s peaceful surroundings and abundant wildlife. Manatees, dolphins, shorebirds, and native fish are commonly seen throughout the waterways, creating a true Florida nature retreat.

Welcome to Palm Grove Colony, a charming spring-fed riverfront community tucked away in Hernando County just 60 minutes north of Tampa International Airport with convenient access via the Suncoast Parkway. Hidden away from the congestion of US-19 and SR-50, this community feels like stepping back into old Florida where life revolves around the water and nature. One of the community’s greatest features is resident access to the community-owned Little Salt Spring, adding even more value and recreational opportunities.

At the heart of the area is the scenic Mud River, a spring-fed waterway flowing approximately three miles to the Gulf at Bayport. Nearby, the famous Weeki Wachee River adds to the region’s appeal with its crystal-clear spring water and legendary mermaid attraction that has captivated visitors since the 1940s.

Outdoor recreation opportunities are endless with boating, fishing, kayaking, scalloping, snorkeling, paddleboarding, wildlife watching, and unforgettable manatee encounters all nearby. Palm Grove Colony offers a rare opportunity to experience the timeless beauty of Florida’s Nature Coast while building the Gulf Coast fishing and waterfront home you have always dreamed about.

Features

  • Lot Size: Irr
  • View: Trees/Woods, Water
  • Water Front: Yes
  • MLS#: W7885885
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/W7885885/6248colonycircle_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 5/19/2026 2:47:09 PM)
Listing courtesy of GULF COAST FISHING HOMES RLTY   Phone: 813-394-4356

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

6248 COLONY CIRCLE, Weeki Wachee, FL, 34607

$250,000

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 $200,000 $200,000 $200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.500% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.375% 6.638% 5.972%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,231 $1,264 $1,661
Total Monthly Payment $1,306 $1,339 $1,736

* 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.