When was property at 10501 Pine Island Drive built and last sold?

The property at 10501 Pine Island Drive was built in 1976 and last sold on Oct 10, 2021 for $5,995.

How much is this home worth?

The estimated value of the home located at 10501 Pine Island Drive is $808,000.

What are some comparable homes to 10501 Pine Island Drive?

There are currently no comparable homes to 10501 Pine Island Drive.

Hernando

34607

10501 PINE ISLAND DRIVE

Map

$800,000

↓ $200K (20%)

● Land - For Sale

10501 PINE ISLAND DRIVE

WEEKI WACHEE, FL 34607

Studio

0 Bath

$4,009

Est. Monthly

About This Property

Situated on approximately 3.40 acres in the desirable Weeki Wachee waterfront corridor, this expensive property offers a rare opportunity to build a custom home tailored to your vision. This is a rare find in this neighborhood. With an estimated 500+ feet of canal frontage the lot provides exceptional space, privacy, and flexibility for new construction. This is ideal for boating, kayaking, and taking advantage of Florida's coastal lifestyle. Located near the Weeki Wachee River and Gulf access points, this property combines natural beauty with everyday convenience. Whether you're looking to build a primary residence, private retreat, or investment property, this is a unique chance to secure acreage and waterfront in one of Hernando County's most sought-after areas.

Unit Size

Days on Market

152 days

Land Size

3.40 acres

Price per sqft

Property Type

Land

Property Taxes

$80

HOA Dues

Year Built

1976

Listed By

Jennifer Ross Levin PA

[email protected]

Fosters Realty

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Stellar MLS #TB8501588)

Price History

Date / Event	Date	Event
Aug 12, 2026	Price Decreased	$800,000 ↓ $200K (20%)
Price Decreased
Jul 17, 2026	Price Increased	$1,000,000 ↑ $50K (5.3%)
Price Increased
Jun 2, 2026	Price Decreased	$950,000 ↓ $100K (9.5%)
Price Decreased
May 29, 2026	Price Decreased	$1,050,000 ↓ $50K (4.6%)
Price Decreased
Apr 27, 2026	Listed by BLUEWATER BAY REALTY GROUP	$1,100,000
Listed by BLUEWATER BAY REALTY GROUP
Oct 25, 2021	Sold	Premium
Sold
Aug 7, 2014	Sold	Premium
Sold

Property Highlights

Exterior Details

Waterfront Features: Canal Access

Building Area Units: Square Feet

Lot Size Area: 3.4209

Lot Size Units: Acres

Lot Size Acres: 3.4

Lot Size Square Feet: 149015

Lot Size Dimensions: 693 x 423 x 552 x 93

Tax Lot: 0010

Water Source: Public

Financial Details

Tax Annual Amount: $962

Utilities Details

Sewer : Septic Tank

Building Info

Overview

General

Year Built: 1976

Effective Year Built: 1981
Building Count: 1
Total Rooms: 5
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 6
Building Condition: 6
Building Quality: 7
Construction Type: 17
Building Style: 0
Exterior Walls Type: 19
Interior Walls Type: 3
Roof Shape Type: 9
Roof Cover Type: 3
Floor Count: 200
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 528
Parking Space Count: 2
Patio Type: 12
Porch Type: 63
Pool Type: 0

Dimensions

Lot Size Square Feet: 35,759

Total Building Area: 3,154
Gross Building Area: 3,154
Building Area: 1,608
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 24
Heated Square Feet: 1,608
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ROYAL HIGHLANDS UNIT 7
Land Acres: 0000000821
Standard Land Use Code: 1001
County Land Use Code: 01
State Land Use Code: 01
Legal Description 1: A LOT DESC IN ORB 314 PG 65 CONTAINING 3.9 ACRES MOL AND LOCATED NE1/4 OF NE1/4 OF GOVT LOT 1 ORB 959 PGS 1807 & 1811

Neighborhood

School District Name: Hernando County School District

School Tax School District: 36,99
Census Tract: 041602

Geography

Assessors Map Reference: MAP: 5A

Account Number: 00339280
Parcel: R13-422-16-0000-0070-0010
Lot: DESC
Meridian: SEC 13 TWN 22S RNG 16E
Municipality: COASTAL RIVER BASIN EMS CRES
Latitude: 28.5752
Longitude: -82.6521

Address

Full Address: 10501 Pine Island Dr

Address - House Number: 10501
Address - Street Name: Pine Island
Address - Suffix Type: Dr
State: FL
City Name: Weeki Wachee
Carrier Code: R013
4-Digit Zip Code: 1046
Zip Code: 34607

Valuation

Tax

Tax Year: 2022

Tax Amount: $118,133
Tax Rate Code Area: CW-ES

Appraisal Valuation

Standard Deviation: 0.1473

Valuation Date: Jan 03, 2024
Confidence Score: 82
Final Value: 455,682
High Value: 522,831
Low Value: 388,533

Market Valuation

Market Total Value: $399,237

Market Land Value: $266,588
Market Improvement Value: $132,649

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $125,976

Exemptions

Senior Citizen Exemption : Yes

Widow Exemption: Yes
Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Oct 10, 2021

Current Sale Recording Date: Oct 25, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2021080087
Previous Sale Recording Date: Sep 27, 2021
Previous Sale Contract Date: Sep 24, 2021
Previous Sale Amount: $106,700
Previous Sale Document Type: 68

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Hernando

Stats & Trends

Median Asking:

$325,990

Sale Price/ft²

$191

Above Asking

0.04%

Average Days on Market

Average Home Size

1951 ft²

Average Home Age

24 years

Currently For Sale

1723 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Listed by: Jennifer Chiger
BLUEWATER BAY REALTY GROUP
Last Updated: 2 months ago
Data Source: Stellar MLS, MLS# TB8501588

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.