Prime income-producing property located in the heart of Spring Hill, Florida. This well-maintained two-story complex features 10 residential units, including (8) 1-bedroom / 1-bath units and (2) 2-bedroom / 1-bath units, offering a strong unit mix to attract long-term tenants. Situated in a high-demand rental corridor with convenient access to shopping, dining, medical facilities, and major roadways, this property is ideal for investors seeking stable cash flow and long-term appreciation. The building’s efficient layout, centralized location, and diversified unit mix provide excellent rental appeal. Ample parking and professional configuration make management straightforward and scalable. Whether expanding an existing portfolio or entering the multi-family market, this centrally located Spring Hill asset presents a compelling investment opportunity with consistent income potential. Serious inquiries welcome.
The planned development project PDP is a specialized zoning district which provides a level of density and/or intensity, and a list of permitted uses. A narrative description and a master plan are part of the PDP zoning. The master plan is a visual depiction of the general layout of the project in conformance with the PDP rules with any additional performance standards or specific deviations requested. The process for approval of a PDP zoning is through the zoning amendment process as provided for in this ordinance. This master plan must be reviewed and approved by the governing body. The list of permitted PDP districts are contained in Section 5 of this article and the requirements related to PDP districts are contained in article VIII of this Code.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Property details
Parking
Parking Information
Parking Features: Assigned
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 12
Laundry Room Information
Laundry Features: Inside
Other Rooms Information
Additional Rooms: Great Room
Heating & Cooling
Heating Information: Central, Electric
Cooling Information: Central Air
Interior Features
Interior Features: Ceiling Fans(s), Open Floorplan, Walk-in Closet(s)
Window Features: Blinds
Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Utilities: Electricity Connected, Sewer Connected, Water Connected
Location
HOA Information
MFR_Association2YN: 0
School Information
Elementary School: Explorer K-8
Middle Or Junior High School: Fox Chapel Middle School
High School: Frank W Springstead
Location Information
Directions: Mariner Blvd to Northcliffe Blvd, follow Northcliffe approx .4 mi to Portillo Rd, TL, follow Portillo Rd to 2nd driveway on R - Portillo Oaks
Public facts
Beds: 0
Baths: 10.0
Sq. Ft.: 8,256
Stories: 2.0
Lot Size: 0.56 acres
Style: Multi-Family (5+ Unit)
Year Built: 1987
Year Renovated: 1987
County: Hernando County
APN: R3232317517011470100
Home facts updated by county records on Mar 1, 2026
Other
Miscellaneous Information
Third Party YN: 0
Listing Information
Attribution Contact: 352-597-2500
Previous Status: Pending
Backups Requested YN: 0
Listing Date Information
Days to Contract: 9
Status Contractual Search Date: 2026-04-20
Listing Price Information
Calculated List Price By Calculated Sq Ft: 133.24
Green Information
Green Verification Count: 0
Home Information
Living Area: 8256
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 767.01
Building Area Total: 8856
Building Area Units: Square Feet
Building Area Source: Public Records
Foundation Details: Slab
Levels: One
Security Features: Smoke Detector(s)
Around this home
53/100 Somewhat Walkable40/100 Somewhat bikeable
Schools
Places
Transit
Explorer K-8
Public PreK-8 • Assigned • 0.4mi
4/10
Frank W. Springstead High School
Public 9-12 • Assigned • 0.9mi
4/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 109° expected this year, 25 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Spring Hill, FL • 34608
Average low and high temperatures (°F)
67
44
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51
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62
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91
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90
73
84
66
79
56
73
51
Jan
Feb
Mar
Apr
May
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Aug
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Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.