$1,550,000

About This Property

Located in the rapidly growing Spring Hill area, this 4.6-acre parcel offers a prime opportunity for the development of an Assisted Living Facility. The property has already progressed through critical early-stage planning, with land clearing completed and development concepts in place—allowing a new owner to move forward efficiently without the typical startup delays. The site has also received SWFWMD approval for construction, providing an added level of certainty and readiness. The property is currently zoned by the county for a 14-bed Assisted Living Facility; however, building permit plans and civil engineering have been completed for a 34-bed facility, presenting a compelling opportunity for a buyer to pursue expanded capacity. The layout has been thoughtfully designed for operational efficiency, making it an attractive option for developers, investors, and healthcare operators looking to enter or expand in the senior housing sector. Spring Hill and the greater Hernando County area continue to see steady population growth, particularly among seniors, while new assisted living inventory remains limited—positioning this property to meet rising demand in an underserved market. Seller financing is available, offering additional flexibility for qualified buyers.

infoProperty Details

Property Type

Land

Lot Size

4.60 acres

Bathrooms

0

Ownership

Fee Simple

Days on Market

92

List Date

May 4, 2026

Annual Taxes

$3K (2025)

yardExterior & Lot

Listed By

COLDWELL BANKER REALTY

813-286-6563

mailContact Mitchell