Opportunity is calling! To all visionaries, builders, investors, and those looking to sink their teeth into a new project. .. this is where potential meets a physical address. Every great transformation starts with a blank canvas, and this one is ready for its next chapter. Nestled on 0.58 acres of level, fully fenced land in the charming community of historic Masaryktown, this property offers the chance to create something truly special. The existing floor plan features 3 bedrooms, 3 bathrooms, a one-car carport, and a detached outbuilding that's just waiting for its next purpose. Imagine a detached garage/ workshop, hobby space, game room, home office, or even a potential ADU for extra income. The heavy lifting is still ahead, making this an ideal project for those ready to roll up their sleeves and add serious value. Whether you're searching for your next investment, a flip, a rental opportunity, or the chance to build sweat equity into the home of your dreams, this property offers the space, setting, and flexibility to bring your vision to life. Opportunities like this don't come around often, especially in a peaceful Old Florida community with room to dream. Bring your plans, your toolbox, and your imagination. This diamond in the rough is ready for its comeback.
Single-familyProperty Type
1971Year Built
0.58 acresLot Size
$61Price/Sq.Ft.
1 car garageParking
Listed by Mika Rotunda• HEART OF FLORIDA REALTY LLC
Listed by Stephanie Rotunda• HEART OF FLORIDA REALTY LLC
* * * Calling all Contractors, Investors, or DIY Warriors * * * This stalled rehab presents a prime opportunity featuring a four-bedroom, two-bath home with a one-car carport and a detached workshop that could potentially be converted into a game room, workshop, or potential ADU (subject to county approval). The property sits on 0.58 acres of level, fully fenced land in historic Masaryktown, offering a tranquil, old Florida small-town community feel. The roof sheeting will need to be replaced, and the interior renovation will need to be completed. Now that the home is Bank Owned, it is ready for new owners to bring this property back to life and unlock its full potential.
Stellar MLS as Distributed by MLS Grid #W7882453
Mar 2, 2026
Sold
$110,000
$56/sq ft
Feb 9, 2026
Pending
—
Jan 27, 2026
Listed
$99,900
$51/sq ft
* * * Multiple Offers * * Highest & Best Offers Are Due By 02/02/2026 * * * Calling all Contractors, Investors, or DIY Warriors * * * This stalled rehab presents a prime opportunity featuring a four-bedroom, two-bath home with a one-car carport and a detached workshop that could potentially be converted into a game room, workshop, or potential ADU (subject to county approval). The property sits on 0.58 acres of level, fully fenced land in historic Masaryktown, offering a tranquil, old Florida small-town community feel. The roof sheeting will need to be replaced, and the interior renovation will need to be completed. Now that the home is Bank Owned, it is ready for new owners to bring this property back to life and unlock its full potential.
Stellar MLS as Distributed by MLS Grid #O6267555
Oct 1, 2025
Pending
—
Oct 1, 2025
Listing Removed
—
Aug 28, 2025
Relisted
—
Jan 31, 2025
Pending
—
Jan 30, 2025
Relisted
—
Jan 30, 2025
Pending
—
Jan 30, 2025
Price Changed
$100,000
$51/sq ft
Dec 30, 2024
Listed
$200,000
$101/sq ft
Public Records
Mar 24, 2023
Sold
$160,000
$81/sq ft
Stellar MLS as Distributed by MLS Grid #S5075312
Apr 3, 2023
Listing Removed
—
Apr 1, 2023
Price Changed
$150,000
$76/sq ft
Jan 10, 2023
Price Changed
$155,000
$78/sq ft
Oct 6, 2022
Listed
$160,000
$81/sq ft
Stellar MLS as Distributed by MLS Grid #T2404704
Jan 30, 2010
Listed
$44,900
$23/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,873 (−5.1%)
$41,580 + $57,357
$98,937
2024
$1,974 (+6.3%)
$41,580 + $57,357
$98,937
2023
$1,857 (+13.4%)
$39,060 + $62,582
$101,642
2022
$1,638 (−12.5%)
$24,192 + $58,635
$82,827
2021
$1,873 (+15.4%)
$24,192 + $58,635
$82,827
2020
$1,622 (+0.9%)
2019
$1,608 (+11.3%)
$9,576 + $69,869
$79,445
2018
$1,445 (+9.0%)
2017
$1,326 (+10.1%)
$10,584 + $57,165
$67,749
2016
$1,204 (+1.2%)
$10,584 + $49,932
$60,516
2015
$1,190 (+4.8%)
$11,844 + $47,100
$58,944
2014
$1,135
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.58 Acres
Year renovated
1971
Finished Sq. Ft.
1,757
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,757
Year built
1971
Style
Single Family Residential
County
Hernando County
APN
R36 223 18 2690 0510 0040
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
R1B
Residential District
This district is designed to protect medium-density, single-family development and is intended to be the district most utilized for regulating single-family development located within, or adjacent to, urbanizing areas within the county.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
3% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 109° expected this year, 23 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Brooksville, FL • 34604
Average low and high temperatures (°F)
68
43
75
49
80
55
85
60
89
68
90
72
91
74
91
75
90
73
83
65
79
55
74
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 343 Lincoln Ave
$117,594
$2,406 under list price of $120K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $45K to $473K.