




15217 Bailey Hill Rd, Brooksville, FL, 34614
About This Home
One or more photo(s) has been virtually staged. Rare Income-Producing Opportunity: Fully renovated 5-acre multi-family compound in Brooksville, Hernando County, featuring three separate residences plus detached garage/workshop on agriculturally zoned, fully fenced land with NO HOA and NO CDD fees. This turnkey investment property offers immediate rental income potential, multi-generational living flexibility, or agricultural business operations with multiple revenue streams. Zoning: Agricultural (AG)—buyer to verify —allows residential use, livestock, farming, nursery operations, equestrian activities, RV/equipment storage, and home-based businesses, subject to county permits. Property includes 4 structures with individual utilities: (1) Block-constructed 1-bedroom/1-bathroom home (approx. 580sqft) with bonus flex room, completely rewired electrical system(2025), updated kitchen and bathroom, new roof October 2025, central AC, individual electric meter, separate septic system, own postal address, and exterior water/electrical hookups; (2) Renovated 3-bedroom/2-bathroom double-wide mobile home (1973) with complete interior updates, modern kitchen and bathrooms, luxury vinyl flooring, central AC, individual electric meter, separate septic, own postal address, aluminum roof (1999), washer and dryer, and exterior utilities; (3) Second renovated 3-bedroom/2-bathroom double-wide mobile home (1972) with complete electrical system replacement (2025), full interior updates, kitchen, bathrooms, contemporary ceramic tile flooring, central AC, individual electric meter, separate septic system, own postal address, Aluminum Roof (1999), washer and dryer and exterior water/electrical access; (4) Block-constructed detached garage with finished interior, utility sink, electricity, water hookup, new roof October 2025, suitable for studio, workshop, or additional storage/rental income. Each residence has its own postal address, enabling separate rental agreements. The completely fenced 5-acre parcel includes substantial cleared usable land ideal for small livestock, gardens, workshops, equipment parking, RV/boat storage, or future agricultural expansion. Infrastructure highlights: Private well system serving all structures, separate septic tanks, individual electric meters for each living unit allowing tenant-paid utilities, exterior hose bibs and 110V electrical outlets on all structures, central AC systems in all three homes, and ample parking throughout. The fully fenced acreage offers cleared land perfect for vegetable gardens, farming, chicken coops, goat/sheep enclosures, horse paddocks, greenhouse operations, or nursery business—all subject to Hernando County zoning regulations and permits. Income potential: Three rentable residences with separate addresses and utilities create immediate cash flow, while garage/workshop adds rental or business value. Prime Brooksville location with convenient access to US-19, Cortez Boulevard (SR-50), Weeki Wachee Springs State Park, Brooksville downtown, shopping (Walmart, Publix), dining, Oak Hill Hospital, and essential services—perfect balance of rural privacy with urban convenience. This turnkey agricultural compound with NO HOA/NO CDD provides unlimited flexibility for investors, multi-generational families, agricultural entrepreneurs, or income property seekers in Florida's Nature Coast. Showings strongly recommended to appreciate the extensive renovations, income-producing layout, and versatility this rare 5-acre property offers.
Getting Around
Schools
Construction
Condition
- Year built: 1978
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
- Construction materials: Block
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Microwave,Range,Refrigerator
- Laundry features: Outside
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Features
- None
- Flooring: Ceramic Tile,Vinyl
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 720
- Total interior livable area: 580 sqft
Kitchen
- Level: First
- Area: 106.488
- Dimensions: 8.7x12.24
Living Room
- Level: First
- Area: 165.5254
- Dimensions: 9.14x18.11
Primary Bedroom
- Features: Built-in Closet
- Level: First
- Area: 99
- Dimensions: 9x11
Property
Details
- Parcel number: R0242218000003100000
- Zoning: AG
- Special condition: None
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting
Lot
- Lot size: 5 Acres
Parking
- Total spaces: 1
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Lightning
- Tornado
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Hernando County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,781 | $33,372 |
| Home Insurance * | $251 | $3,012 |
| Property Taxes | $325 | $3,900 |
| Electricity | $197 | $2,366 |
| Total | $3,554 | $42,648 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-04 | Price change | $574,000 |
| 2025-11-16 | Listed for sale | $599,000 |
| 2018-01-22 | Sold | $85,000 |
| 2017-11-18 | Price change | $115,000 |
| 2017-11-02 | Price change | $130,000 |
| 2017-10-27 | Price change | $135,000 |
| 2017-10-22 | Price change | $140,000 |
| 2017-09-21 | Listed for sale | $150,000 |
| 2000-06-22 | Sold | $135,000 |
