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5483 Neff Lake Rd, Brooksville, FL, 34601

8beds
4baths
4,035sqft
$550,000
$136price/sqft
$4,133/moest. monthly cost
$165,320/yrincome needed

About This Home

Property Hub1 presents this bank owned 2 story single family pool home built in 1970 & renovated in 2017 located in Brooksville, FL (aprox 45 min N of Tampa). Sale is comprised of 3 structures (main, detached in-law quarters, and screened in cabana pool situated on 2.5 acres square shape corner lot. Property yields 4,035 gross SF. 1st floor yields 5 bed, 2 bath, a kitchen, & a dining room with a fireplace, and a family room with an exterior entry door. 2nd floor yields a kitchen, bathroom, dining room, family room, & 2 bedrooms. The detached in-law quarters is a 320 square foot free-standing efficiency apartment with an attached shed & covered parking space. Additionally, there is a wooden balcony with an exterior entrance. Property was formerly utilized as an assisted living community with 10 beds.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

3/10
2/10
Hernando High SchoolGrades PK,6-125.0 mi
5/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1970

Materials

  • Roof: Shingle
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Ceiling Fan(s),Eat-in Kitchen
  • Flooring: Laminate
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 4,035
  • Total interior livable area: 4,035 sqft

Property

Accessibility

  • Accessibility features: Accessible Bedroom,Accessible Central Living Area,Accessible Closets,Accessible Entrance,Accessible Full Bath,Accessible Hallway(s),Visitor Bathroom

Details

  • Parcel number: R0542320000000200000
  • Zoning: AG
  • Zoning description: Agricultural
  • Special condition: Corporate Owned,Real Estate Owned

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: In Ground,Screen Enclosure
  • Patio & porch: Covered,Front Porch
  • Exterior features: Balcony
  • Fencing: Full
  • Has view: Yes
  • View description: Pool,Trees/Woods

Lot

  • Lot size: 2.50 Acres
  • Features: Agricultural,Corner Lot

Parking

  • Parking features: Circular Driveway,Gated,Secured

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Strong Wind
Tornado
Wildfire
Tsunami

FEMA Declared Disasters in Hernando County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,781$33,372
Home Insurance *$227$2,724
Property Taxes $719$8,628
Electricity $406$4,872
Total$4,133$49,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$141,702/yr
40% on housing$123,990/yr
45% on housing$110,213/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.1%
4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$136This listing

vs Other Active Listings

Avg $/sqft

ZIP 34601$132
Hernando County$169

vs Homes Sold Last Month

Median $/sqft

ZIP 34601$236
Hernando County$182

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-16Listing removed$699,900
2026-02-16Price change$699,900
2025-12-19Price change$639,900
2025-11-12Price change$659,900
2025-10-30Price change$659,000
2025-10-04Listed for sale$679,900
2023-11-13Sold$625,000
2023-08-22Sold$625,000
2023-05-19Pending sale$625,000
2023-05-18Listing removed--
2023-05-07Listed for rent$3,500
2023-04-26Listing removed--
2023-04-24Price change$3,500
2023-03-29Listed for sale$625,000
2023-03-21Listing removed--
2022-11-10Listed for rent$4,000
2022-11-08Price change$625,000
2022-10-24Listing removed--
2022-10-07Listed for sale$650,000
2022-07-01Listing removed--
2022-06-09Price change$639,000
2022-06-09Price change$3,500
2022-06-07Price change$3,200
2022-05-26Price change$3,500
2022-05-23Price change$3,800
2022-05-20Listed for rent$4,000
2022-05-17Listed for sale$649,900
2021-06-07Sold$475,000

Unknown Listed By

AgentGustavo Andres Lemos
BrokerageProperty Hub 1, LLC.

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