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Welcome to a rare opportunity to claim 1. 18 acres of Florida freedom at 292 N Indianapolis Ave in Hernando. Nestled between two established homes in a quiet residential setting, this spacious parcel offers the breathing room that is becoming increasingly hard to find—and the flexibility to shape it around the life, home, or investment vision you have in mind.
In Citrus County, where the average lot is approximately . 35 acre, this oversized homesite delivers more than three times the space to dream bigger. Design a custom residence with room to spare, create a seasonal retreat with room for guests, or explore future investment possibilities, subject to applicable zoning and permitting. With utilities nearby and a beautiful natural setting, the groundwork is here for a property that feels private, practical, and distinctly yours.
This high-and-dry parcel provides generous space for the features that turn a house into a lifestyle: a sparkling pool, detached garage or workshop, lush garden, outdoor entertaining area, and dedicated room for the RV, boat, toys, or equipment that should not have to compete for driveway space. There is room to plan thoughtfully, build comfortably, and enjoy the kind of everyday elbow room that tighter lots simply cannot offer.
Location adds another layer of value. Enjoy the relaxed, outdoors-forward lifestyle Citrus County is known for, with lakes, scenic trails, golf, and small-town charm all within easy reach. Tsala Apopka Lake is just minutes away for boating, fishing, and waterfront recreation. The Withlacoochee State Trail invites cyclists, runners, and nature lovers to get outside, while the inviting downtowns of Hernando and Inverness bring local dining, shops, community events, and timeless Florida character close to home. Convenient connections to US-41 and FL-44 keep daily errands, regional travel, and nearby destinations within reach.
No HOA. No CDD. No cookie-cutter limitations dictating every detail of your plans. Just a rare 1. 18-acre canvas, established residential surroundings, utilities nearby, and the space to create something meaningful from the ground up.
This is the kind of parcel that lets your priorities lead the design—not the other way around. Want a wide driveway, a true backyard, space between you and the neighbors, or a place where weekend projects have a home of their own? This lot gives those ideas a legitimate place on the site plan. Build now, hold for later, or create a legacy property that reflects your standards from day one.
Whether your next chapter calls for a custom estate, a peaceful Florida escape, or a strategic land acquisition, this parcel gives you the one thing buyers cannot manufacture later: land. The possibilities are wide open, but parcels with this kind of scale are not. Secure your piece of Citrus County’s future and start building the vision today.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$49,900
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 |
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|---|---|---|---|
| Loan Amount | $39,920 | $39,920 | $39,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $236 | $249 | $329 |
| Total Monthly Payment | $311 | $324 | $404 |
* 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.