1
Map
5466 AND 5476 CYRIL DRIVE
About This Property
Discover this rare opportunity to own two adjoining lots totaling 3.69 acres right on the beautiful Withlacoochee River in the serene River Heights Estates community of Dade City. This exceptional waterfront property offers the perfect blend of privacy, natural beauty, and convenience - a true hidden gem surrounded by mature trees and lush Florida landscape.
Enjoy boating, fishing, kayaking, and wildlife watching right from your own backyard, or simply relax and take in the tranquil river views. With paved road access, this property is ideal for building your custom dream home, vacation retreat, or long-term investment.
Located just 5 miles from I-75 and US-98/Hwy 50 (Cortez Blvd), you'll enjoy easy access to Tampa, Orlando, and the surrounding areas while still savoring the peace and quiet of rural living. Outdoor enthusiasts will love the proximity to the Withlacoochee State Trail (3 miles), Croom Motorcycle Area, Withlacoochee State Forest, Cypress Lake Preserve, Silver Lake Recreation Area, and Dade Battlefield Historic State Park - all offering endless opportunities for adventure and exploration. Even Weeki Wachee Springs and the Gulf Coast are just a short 30-mile drive away!
Whether you're envisioning a private weekend hideaway or a forever riverfront home, this stunning parcel provides the ideal setting to live the Florida lifestyle at its most peaceful and natural.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2026 | Sold | ||
| Sold | |||
| Jun 2, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Price Decreased |
$139,000
↓ $10K
(6.7%) | |
| Price Decreased | |||
| Mar 18, 2026 | Price Decreased |
$149,000
↓ $20K
(11.8%) | |
| Price Decreased | |||
| Oct 7, 2025 | Listed by KELLER WILLIAMS REALTY- PALM H | $169,000 | |
| Listed by KELLER WILLIAMS REALTY- PALM H | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017