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105 Northbank Ln, Spring Hill, FL, 34609

5beds
4baths
3,316sqft
$499,380
$151price/sqft
$3,413/moest. monthly cost
$136,520/yrincome needed

About This Home

Welcome to 105 Northbank Lane, Spring Hill, Florida — a stunning new construction home built by M/I Homes. This thoughtfully designed home offers 3,316 square foot of living space, featuring 3 bathrooms and an upstairs owner's bedroom that provides a private retreat from the main living areas. This home showcases quality design throughout, with an open-concept living space that creates a seamless flow between gathering areas. Built with attention to detail and craftsmanship, M/I Homes has delivered a floorplan that balances comfort with functionality. Step inside and find the following: 3,316 square foot of living space 5 bedrooms and 3 full bathrooms Owner's bedroom located on the upper level Open-concept living space for everyday living and entertaining 2-car garage This home sits within a welcoming neighborhood with convenient proximity to local parks, making it easy to enjoy outdoor activities and green spaces. The quality of design is evident from the moment you step inside, with clean lines, purposeful spaces, and a layout that caters to today's lifestyle needs. This is an outstanding opportunity to own a brand-new home with everything already in place.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

6/10
5/10
Powell Middle SchoolGrades 6-83.9 mi

Construction

Condition

  • Property condition: New Construction,Under Construction
  • New construction: Yes
  • Year built: 2026

Other

  • Builder name: M/I Homes

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Interior Area

  • Total interior livable area: 3,316 sqft

Property

Features

  • Levels: 2.0
  • Stories: 2

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2

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
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Inland Flooding
Strong Wind
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 $2,525$30,300
Home Insurance *$260$3,120
Property Taxes $295$3,540
Electricity $333$4,004
Total$3,413$40,956
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$117,017/yr
40% on housing$102,390/yr
45% on housing$91,013/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

$151This listing

vs Other Active Listings

Avg $/sqft

ZIP 34609$159
Hernando County$169

vs Homes Sold Last Month

Median $/sqft

ZIP 34609$178
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
2026-03-17Listed for sale$542,380

New Construction Spec

AgentM/I Homes of Tampa, LLC
BrokerageM/I Homes

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