1355 OSOWAW BLVD LANE

The opportunity is to purchase a 48-acre waterfront property in Aripeka (Hernando County). The property is partially wooded and features a six acre bluff which boasts unobstructed water views and its own boat launch. With its size, water access, and wooded areas, the property is perfect for an estate or weekend getaway for outdoor enthusiasts. The northern parcel (45.7 acres) is zoned AG (Agriculture), while the remaining three frontage parcels (2.6 acres) are zoned R1B (Residential), which allows for medium-density residential development. In addition to the bluff, there are an estimated 20 acres of uplands along Osowaw Blvd and Indian Bay Road. Water is to the property and sewer is 1.6 miles down Osowaw Blvd. The site has significant frontage on multiple streets: Osowaw Boulevard (719 feet), Indian Bay Road (1,523 feet), and Shine Lane (2,218 feet). There are two houses on site- one with 2,766 sq ft built in 1984 and another with 1,483 sq ft built in 1958. The condition of the houses is unknown and requires further assessment.
The property is located at 3217 Shine Lane, accessed via Osowaw Boulevard (County Road 595) in Aripeka in southern Hernando County. Aripeka is a peaceful, historic town on Florida's Nature Coast, nestled between the Gulf of Mexico, marshes, and natural springs. The town's tranquil, laid-back atmosphere is reflected in its scenic streets, where the surrounding natural beauty shapes the environment. The site is two miles away from US Highway 19, where local shops, medical, and restaurants are located. Given its close proximity to the highway, it is commutable to nearby cities: Weeki Wachee (12 minutes), Spring Hill (20 minutes), Brooksville (35 minutes), Tarpon Springs (40 minutes), Homosassa (40 minutes), Crystal River (50 minutes), and Tampa (1 hour). In addition, the property has easy access to nearby recreational destinations, including Weeki Wachee Preserve, SunWest Park, Pine Island Park, and Cabot Citrus Farms.