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3345 Ballard St, Spring Hill, FL, 34606

3beds
3baths
1,550sqft
$265,000
$171price/sqft
$1,846/moest. monthly cost
$73,840/yrincome needed

About This Home

Now vacant and ready to move in! Two homes...on the same lot! An investor or homeowner's DREAM! Both recently remodeled, this is an amazing opportunity to live in one home and rent the other, or use the second home as a private guest suite or in law suite. Spanning on .85 acres, you'll have plenty of space and privacy between both homes! The main home in the front features 2 bedrooms and 2 bathrooms, with updates from top to bottom and an open living room. The second home is a charming 1 bedroom, 1 bathroom space perfect for rental income, extended family, or even a home office setup. With two separate homes, this opens you up to so many new opportunities with the property! Whether you're looking to offset your mortgage, looking for multi generational living, or add a strong income producing property to your portfolio, this one checks all the boxes. Homes like this don't come around often, snag it before it's gone!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

3/10
Deltona Elementary SchoolGrades PK-51.5 mi
4/10
Fox Chapel Middle SchoolGrades 6-82.4 mi
3/10
Central High SchoolGrades 9-128.0 mi

Construction

Condition

  • Year built: 1972

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,550
  • Total interior livable area: 1,550 sqft

Property

Details

  • Parcel number: R16 223 17 3930 0000 0092
  • Zoning: PDP
  • Zoning description: PUD
  • Special condition: Standard

Lot

  • Lot size: 0.85 Acres

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Covered spaces: 1
  • Carport: Yes
  • Carport 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
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
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 $1,339$16,068
Home Insurance *$154$1,848
Property Taxes $156$1,872
Electricity $197$2,366
Total$1,846$22,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,291/yr
40% on housing$55,380/yr
45% on housing$49,226/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: 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

$171This listing

vs Other Active Listings

Avg $/sqft

ZIP 34606$148
Hernando County$169

vs Homes Sold Last Month

Median $/sqft

ZIP 34606$185
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)

No zestimate history available

Price History

DateEventPrice
2026-08-11Pending sale$265,000
2026-06-29Listed for sale$265,000
2026-05-01Pending sale$265,000
2026-04-23Listed for sale$265,000
2025-05-16Sold$206,000

For Sale by Agent

AgentZachary F Gerlack
BrokerageRE/MAX Sunset Realty

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