Endless Possibilities Await on This 5-Acre Gated Property! Nestled in a private, gated area just minutes from shopping, dining, and essential services, this 5- acre parcel offers the perfect blend of seclusion and convenience. Whether you're looking for a serene place to build your dream home or an investment opportunity with potential, this property delivers. The land features an existing well and septic system, providing a head start for future development. Previously home to two mobile residences, the units remain on-site and are now considered storage sheds — their condition is unknown and sold as-is. Surrounded by mature trees and natural Florida beauty, this parcel invites you to bring your vision to life in a peaceful, private setting. Don't miss your chance to own a spacious slice of land with infrastructure already in place — all tucked away in a secure, gated location close to town.
Vacant landProperty Type
5 acresLot Size
$44,875Price/Acres
Listed by Tracie Maler, PA• KW REALTY ELITE PARTNERS
Contact: 352-688-6500
Bought with Carrie Pina• HOME LAND REAL ESTATE INC
Endless Possibilities Await on This 5-Acre Gated Property! Nestled in a gated area just minutes from shopping, dining, and essential services, this 5- acre parcel offers the perfect blend of seclusion and convenience. Whether you're looking for a serene place to build your dream home or an investment opportunity with potential, this property delivers. The land features an existing well and septic system, providing a head start for future development. Previously home to two mobile residences, the units remain on-site and are now considered storage sheds — their condition is unknown and sold as-is. Surrounded by mature trees and natural Florida beauty, this parcel invites you to bring your vision to life in a peaceful, private setting. Don't miss your chance to own a spacious slice of land with infrastructure already in place — all tucked away in a location near town.
HCAR #2254562
Sep 11, 2025
Sold
$125,000
Jul 30, 2025
Pending
—
Jul 24, 2025
Relisted
—
Jul 15, 2025
Pending
—
Jul 11, 2025
Listed
$125,000
Endless Possibilities Await on This 5-Acre Gated Property! Nestled in a private, gated area just minutes from shopping, dining, and essential services, this 5- acre parcel offers the perfect blend of seclusion and convenience. Whether you're looking for a serene place to build your dream home or an investment opportunity with potential, this property delivers. The land features an existing well and septic system, providing a head start for future development. Previously home to two mobile residences, the units remain on-site and are now considered storage sheds — their condition is unknown and sold as-is. Surrounded by mature trees and natural Florida beauty, this parcel invites you to bring your vision to life in a peaceful, private setting. Don't miss your chance to own a spacious slice of land with infrastructure already in place — all tucked away in a secure, gated location close to town.
Stellar MLS as Distributed by MLS Grid #W7877230
Sep 11, 2025
Sold
$125,000
Jul 30, 2025
Pending
—
Jul 24, 2025
Relisted
—
Jul 15, 2025
Pending
—
Jul 11, 2025
Listed
$125,000
HCAR #2048757
Nov 5, 2004
Sold
$80,000
Aug 20, 2004
Listed
$89,900
Public Records
Mar 11, 1998
Sold
$60,000
Year
Property tax
Land + Additions
Assessment*
2025
$4,211 (−4.1%)
$214,988 + $47,734
$262,722
2024
$4,393 (+188.6%)
$214,988 + $47,734
$262,722
2023
$1,522 (+2.3%)
$214,988 + $42,921
$257,909
2022
$1,488 (+0.2%)
2021
$1,485 (+8.6%)
2020
$1,367 (+0.3%)
2019
$1,363 (+57.8%)
2018
$864 (+6.3%)
2017
$813 (−33.3%)
$83,363 + $13,725
$97,088
2016
$1,219 (−0.8%)
$83,363 + $13,235
$96,598
2015
$1,229 (+1.7%)
$83,363 + $12,919
$96,282
2014
$1,209
Tax history for 1488 Algood Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,211 (−4.1%)
$214,988 + $47,734
$262,722
2024
$4,393 (+188.6%)
$214,988 + $47,734
$262,722
2023
$1,522 (+2.3%)
$214,988 + $42,921
$257,909
2022
$1,488 (+0.2%)
2021
$1,485 (+8.6%)
2020
$1,367 (+0.3%)
2019
$1,363 (+57.8%)
2018
$864 (+6.3%)
2017
$813 (−33.3%)
$83,363 + $13,725
$97,088
2016
$1,219 (−0.8%)
$83,363 + $13,235
$96,598
2015
$1,229 (+1.7%)
$83,363 + $12,919
$96,282
2014
$1,209
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
5 Acres
Year renovated
1969
Sq. Ft.
672
Year built
1969
Style
Mobile/Manufactured Home
County
Hernando County
APN
R30 423 17 0000 0510 0030
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
AG
Agricultural District
This district is designed to promote and encourage the conservation and utilization of prime and productive agricultural land, as well as the preservation of the open character of certain land, which, by virtue of their topography, soil types, natural resources and/or relationship to other land use areas, should be carefully reviewed and evaluated prior to their possible development or else should continue to be developed at a relatively low-density to maintain their overall natural environment and unique character with the county.