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5340 Blount Is, Homosassaa, FL, 34448

2beds
1baths
1,056sqft
$365,000
$346price/sqft
$2,746/moest. monthly cost
$109,840/yrincome needed

About This Home

Homosassa Island Living on the Homosassa River – Your Escape to the Gulf. Live where others vacation! This rare island retreat on the Homosassa River, perfectly positioned on the way to the Gulf of Mexico, offers over 2.5 acres of natural waterfront paradise—complete with electric already in place. This charming 2-bedroom, 2-bath home features cathedral ceilings and an open floor plan that maximizes natural light and showcases those unforgettable water views. The wraparound island bar connects beautifully to the kitchen, making it the perfect space for entertaining, relaxing, and soaking in the island lifestyle. Built for both comfort and peace of mind, the home includes a metal roof, hurricane shutters, and a storage shed for all your gear. Whether you’re looking for a weekend escape, a one-of-a-kind vacation rental, or your own slice of Old Florida, this is a property that truly stands apart.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
3/10
4/10
Crystal River High SchoolGrades PK,9-129.6 mi

Construction

Condition

  • Property condition: New Construction
  • Year built: 1986

Materials

  • Foundation: Raised
  • Roof: Metal

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch,One Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Oven,Range,Refrigerator,Water Heater
  • Laundry features: Laundry - Living Area

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Furnished,Laminate Counters,Primary Suite,Open Floorplan,Shower Only,Separate Shower,Wood Cabinets
  • Window features: Single Hung
  • Flooring: Carpet,Linoleum

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,056
  • Total interior livable area: 1,056 sqft

Property

Details

  • Parcel number: 2995700
  • Zoning: CLR
  • Special condition: Standard,Listed As-Is

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • On waterfront: Yes
  • Waterfront features: Canal Access,Gulf,River Front,Waterfront
  • Frontage type: Canal,River,Waterfront

Lot

  • Lot size: 2.48 Acres
  • Features: Acreage,Island,Trees,Wooded,Wetlands

Parking

  • Parking features: Parking Lot,Private,Unassigned,Unpaved

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
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Strong Wind
Tornado
Wildfire
Tsunami

FEMA Declared Disasters in Citrus 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 $1,845$22,140
Home Insurance *$201$2,412
Property Taxes $503$6,036
Electricity $197$2,366
Total$2,746$32,952
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$94,148/yr
40% on housing$82,380/yr
45% on housing$73,226/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: 15.6%
15.6%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.1%
5.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$346This listing

vs Other Active Listings

Avg $/sqft

ZIP 34448$167
Citrus County$155

vs Homes Sold Last Month

Median $/sqft

ZIP 34448$212
Citrus County$169

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
2026-05-05Listed for sale$365,000

For Sale by Agent

AgentBecky Norman
BrokerageAt Home Realty

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