Under contract-accepting backup offers. Build Your Dream Home in Royal Highlands! Discover the perfect opportunity to own a buildable half-acre homesite in the highly desirable Royal Highlands community of Hernando County. Whether you're ready to build your forever home or invest in one of Florida's fastest-growing areas, this spacious lot offers the freedom and flexibility you've been looking for. With no HOA and no CDD fees, you'll have the ability to design and build the home that fits your lifestyle. Enjoy the peaceful surroundings of Florida's Nature Coast while remaining just minutes from shopping, dining, medical facilities, schools, and outdoor attractions including Weeki Wachee Springs, the Gulf Coast, and the Suncoast Parkway for an easy commute to Tampa. This generous 0.54-acre parcel provides plenty of room for your custom home, pool, detached garage, or space to store your boat and RV. New construction continues throughout the area, making this an excellent opportunity for homeowners and investors alike. Don't miss your chance to secure your own piece of paradise in Royal Highlands—drive by today and start planning your dream home!
Vacant landProperty Type
0.54 acresLot Size
$74,074Price/Acres
Listed by Derek Venema• LAST FRONTIER REAL ESTATE & IN
Royal Highlands, located between Weeki Wachee Springs State Park and the Gulf Coast, is a low-density and nature-forward North Weeki Wachee neighborhood with large lots and a pine-and-palmetto landscape. The neighborhood’s character concentrates along US-19 near the Cortez Boulevard junction, where bait shops, produce stands, and local diners set a practical, outdoorsy tone. Homes skew toward ranch-style and Florida contemporary builds, often with room for boats, RVs, and workshops. The Weeki Wachee River and nearby springs shape weekends around paddling, fishing, and wildlife watching. Weeki Wachee Springs State Park and Buccaneer Bay Waterpark act as signature local anchors. SunWest Park adds a freshwater beach and trail network for a change of scenery.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Currently unimproved land for residential use
Exterior features
Half-acre residential parcel
Lot dimensions approximately 98 x 219
Road frontage about 79 feet
Limerock road surface
Mostly cleared/undeveloped lot (land sale)
Home design
Property is land (no dwelling)
Zoned residential
Construction
No structures (land only)
Utilities
Well required for water
Septic needed for sewer
Electrical service available nearby
HOA & community
No HOA
Financial info
Annual property taxes approximately $450.97 (2025)
Electricity and solar
View estimated energy costs and solar savings for this home
Florida Beaches and Privacy! This is your opportunity to Build your Florida Dream Home on Over . 5 acres just minutes from the beaches! Enjoy all Florida has to offer while living in your dream home! Great location, Close to Suncoast Expressway. Easy Access to amenities while remaining secluded. No HOA. Choose your own builder.
Public Records
Feb 6, 2007
Sold
$15,500
Year
Property tax
Land + Additions
Assessment*
2025
$451 (+27.8%)
2024
$353 (−0.6%)
2023
$355 (+29.5%)
$21,079
2022
$274 (+21.9%)
2021
$225 (+12.6%)
2020
$200 (+1.6%)
2019
$197 (+9.3%)
2018
$180 (+14.9%)
2017
$157 (+16.8%)
$5,855
2016
$134 (+1.5%)
$3,747
2015
$132 (−10.8%)
$3,747
2014
$148
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
0.54 Acres
Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Vacant Land
County
Hernando County
APN
R01 221 17 3360 0740 0110
Parking Spaces
—
Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 27, 2026.
R1C
Residential District
This district is designed to encourage and protect low-density, single-family development and is intended to be the district most utilized for regulating future single-family development 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
10/10 Heat Factor
7 days above 109° expected this year, 26 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Weeki Wachee, FL • 34614
Average low and high temperatures (°F)
68
43
75
49
80
55
85
60
90
69
92
73
92
74
91
74
90
72
85
64
80
55
74
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 16139 Sheldrake Loop
$37,139
$2,861 under list price of $40K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $36K to $44K.