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3266 LUGUSTRUM DRIVE

Lots/Land For Sale
$129,000

BTC: 1.53910398

ETH: 48.67924528

520 days
Waterfront
0 room(s)

Overview

OWNER FINANCING AVAILABLE! Build your dream coastal retreat on this OVERSIZED WATERFRONT LOT with STUNNING OPEN WATER GULF VIEWS and INDIRECT GULF ACCESS in the heart of Hernando Beach! This 7,100 SF (71x100) homesite features a BRAND-NEW SEAWALL AND CONCRETE 8’ WIDE CONCRETE CAP and offers the perfect opportunity to create your ideal waterfront getaway with no timeline to build. Conveniently located just minutes from the Hernando Beach Boat Lift, you’ll enjoy easy access to the Gulf for boating, fishing, and sunset cruises. Zoned R1B for SINGLE-FAMILY HOMES only (no mobile homes permitted). Property is located in Flood Zone AE, so any future home will need to be elevated. Water, sewer, and electric are available at the street and can be connected during construction. Docks are permitted even without a home currently built on the property. Residents enjoy Gulf access through the community boat lift or community boat ramp, making it easy to enjoy boating, fishing, kayaking, and the Florida waterfront lifestyle. Contact the listing agent for a video explaining how the community boat lift operates. NO HOA, NO DEED RESTRICTIONS, and NO SHORT-TERM RENTAL RESTRICTIONS make this an excellent opportunity for a primary residence, vacation home, or investment property. Please note this is NOT an RV lot and RV living is not permitted. Enjoy the laid-back coastal lifestyle Hernando Beach is known for, with nearby waterfront restaurants, live entertainment, local marinas, and endless outdoor recreation. Just a short drive away, Weeki Wachee Springs offers kayaking, paddleboarding, boating, and crystal-clear natural springs. Rare opportunity to own a waterfront lot with Gulf views, flexible ownership options, and incredible potential! Lot lines shown in aerial photos are approximate. Property is located on the left side of the road across from 3267 Lugustrum Drive. Land financing options available.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.16 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$100,000
$57K – $129K
Confidence Low
List vs. estimate
$29K above estimate
List $129,000 · +29.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,084
2024
View
Water
Waterfront
Freshwater Canal w/Lift to Saltwater Canal
All facts and features
  • Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: R1322316236012700040

    • Zoning: R1B

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $1,084

  • Source details

    • MLS ID: TB8379892

    Other facts

    • Lot Features: Level / Oversized Lot / Street Dead-End

    • Waterfront: Yes

    • Water Body Name: GULF

    • Water Source: Public

    • Lot Size Dimensions: 71 x 100

    • Subdivision Name: HERNANDO BEACH

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: HILL POINT REALTY INC.