BEAUTIFUL 1/2 ACRE LOT IN A GREAT LOCATION OF NEWER HOMES. THIS LOT IS ON A PAVED ROAD. PRICED JUST ABOVE THE ASSESSED VALUE. CLOSE TO ALL SHOPPING AND SCHOOLS. ROYAL HIGHLANDS UNIT 9 BLK 137 LOT 29.
Vacant landProperty Type
0.46 acresLot Size
$648,535Price/Acres
Listed by Richard DiPalo• FLORIDA TROPICS REALTY INC
Bought with Richard DiPalo• FLORIDA TROPICS REALTY INC
NICE HALF ACRE LOT IN A GREAT LOCATION OF NEWER HOMES. CLOSE TO ALL SHOPING AND SCHOOLS.THIS LOT IS RIKGHT OFF OF ROUTE 50 (CORTEZ BLVD).PRICED JUST ABOVE THE ASSESSED VALUE.
Year
Property tax
Land + Additions
Assessment*
2025
$1,682 (+1.7%)
2024
$1,654 (+6.2%)
2023
$1,558 (+2.6%)
2022
$1,518 (+1.3%)
2021
$1,499 (+10.4%)
2020
$1,358 (+1.0%)
2019
$1,345 (+4.6%)
2018
$1,285 (+7.3%)
2017
$1,197 (+3.1%)
2016
$1,161 (−0.9%)
2015
$1,171 (+49.2%)
2014
$785
Tax history for 7221 Madrid Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,682 (+1.7%)
2024
$1,654 (+6.2%)
2023
$1,558 (+2.6%)
2022
$1,518 (+1.3%)
2021
$1,499 (+10.4%)
2020
$1,358 (+1.0%)
2019
$1,345 (+4.6%)
2018
$1,285 (+7.3%)
2017
$1,197 (+3.1%)
2016
$1,161 (−0.9%)
2015
$1,171 (+49.2%)
2014
$785
*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
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.46 Acres
Year renovated
2010
Sq. Ft.
2,147
Year built
2008
Style
Single Family Residential
County
Hernando County
APN
R01 221 17 3400 0137 0290
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.