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6248 COLONY CIRCLE

Lots/Land For Sale
$250,000

BTC: 3.90625000

ETH: 138.88888889

16 days
Waterfront
0 room(s)

Overview

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.

Location

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$207,500
$107K – $564K
Confidence Low
List vs. estimate
$42K above estimate
List $250,000 · +20.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,894
2025
View
Trees/Woods, Water
Waterfront
Creek
All facts and features
  • Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: R2922217285000000010

    • Zoning: R2

  • Type and style

    • Property Type: Land

  • Utility

    • Electricity Available

  • Other financial information

    • Annual tax amount: $1,894

  • Source details

    • MLS ID: W7885885

    Other facts

    • Waterfront: Yes

    • Water Body Name: LITTLE SALT SPRING RUN

    • Water Source: Public

    • Lot Size Dimensions: Irr

    • Subdivision Name: PALM GROVE COLONY

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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: GULF COAST FISHING HOMES RLTY