Prime building opportunity in Royal Highlands. Discover this property in the desirable Royal Highlands community, ideal for constructing your custom dream home. This property offers a serene, suburban atmosphere while providing convenient access to the Suncoast Parkway (SR-589), with a commute to Tampa just 45 minutes away. Enjoy a balanced lifestyle with easy access to shopping centers, restaurants, and medical facilities, ensuring all conveniences are within easy reach. The area is known for its beautiful natural attractions, including Weeki Wachee Springs State Park, the Weeki Wachee Preserve with its extensive trail system, and Pine Island Beach. Lot features for building: Size: 0.46 acres, providing ample space for a home, yard, and outdoor entertaining areas. A well and septic system will be required for the new home construction. Additional opportunity: The adjacent property is also available, providing a unique option for a larger combined homesite. (MLS #W7880414).
Prime building opportunity in Royal Highlands. Discover this property in the desirable Royal Highlands community, ideal for constructing your custom dream home. This property offers a serene, suburban atmosphere while providing convenient access to the Suncoast Parkway (SR-589), with a commute to Tampa just 45 minutes away. Enjoy a balanced lifestyle with easy access to shopping centers, restaurants, and medical facilities, ensuring all conveniences are within easy reach. The area is known for its beautiful natural attractions, including Weeki Wachee Springs State Park, the Weeki Wachee Preserve with its extensive trail system, and Pine Island Beach. Lot features for building: Size: 0.46 acres, providing ample space for a home, yard, and outdoor entertaining areas. A well and septic system will be required for the new home construction. Additional opportunity: The adjacent property is also available, providing a unique option for a larger combined homesite. (MLS #W7880414).
Stellar MLS as Distributed by MLS Grid #W7880437
Jan 20, 2026
Sold
$45,000
Nov 24, 2025
Pending
—
Nov 4, 2025
Listed
$45,000
Public Records
Jul 6, 2023
Sold
$17,000
Year
Property tax
Land + Additions
Assessment*
2025
$440 (+25.0%)
$23,000
2024
$352 (+75.2%)
$23,000
2023
$201 (−22.5%)
$21,000
2022
$259 (+26.9%)
2021
$204 (+13.1%)
2020
$180 (+1.5%)
2019
$178 (+6.8%)
2018
$166 (+17.3%)
2017
$142 (+15.4%)
$4,800
2016
$123 (+2.5%)
$3,000
2015
$120 (+2.6%)
$3,000
2014
$117
Tax history for 18054 Malibar Rd
Year
Property tax
Land + Additions
Assessment*
2025
$440 (+25.0%)
$23,000
2024
$352 (+75.2%)
$23,000
2023
$201 (−22.5%)
$21,000
2022
$259 (+26.9%)
2021
$204 (+13.1%)
2020
$180 (+1.5%)
2019
$178 (+6.8%)
2018
$166 (+17.3%)
2017
$142 (+15.4%)
$4,800
2016
$123 (+2.5%)
$3,000
2015
$120 (+2.6%)
$3,000
2014
$117
*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
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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
0.46 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Hernando County
APN
R01 221 17 3290 0096 0090
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.