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
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Winding Waters K-8
Public PreK-8 • Assigned • 4.8mi
5/10
Weeki Wachee High School
Public 9-12 • Assigned • 5.0mi
4/10
Provided by GreatSchools
About Royal
Highlands
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
Exterior
Exterior features
79-foot road frontage
Limerock road surface
Home design
Land
Utilities
Well required
Septic needed
Electrical nearby
Sale and tax history for 16139 Sheldrake Loop
Sale History
Tax History
Date
Event
Price
Stellar MLS as Distributed by MLS Grid #W7888115
Oct 29, 2026
Relisted
—
Aug 11, 2026
Contingent
—
Jul 30, 2026
Listed
$40,000
Public Records
Oct 18, 2022
Sold
$14,000
Stellar MLS as Distributed by MLS Grid #U8170913
Nov 9, 2022
Sold
$14,500
Oct 7, 2022
Pending
—
Sep 8, 2022
Price Changed
$15,000
Jul 21, 2022
Listed
$23,000
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.
Stellar MLS as Distributed by MLS Grid #CC315783
Oct 18, 2007
Listing Removed
—
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
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.54 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Hernando County
APN
R01 221 17 3360 0740 0110
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
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
71
84
64
80
55
74
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 14% for direct sun exposure in Weeki Wachee. 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
$35,512
$4,488 under list price of $40K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $36K to $44K.