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Active - Land for sale

5362 FELKER DRIVE, Spring Hill, FL

Facts & features

Land Property type
10 days on Beycome
$250/yr HOA
8,800 sqft Lot size

Why you’ll love it

  • Waterfront

LIVE ON AN ISLAND!!! DIRECT GULF ACCESS!!! BUILD YOUR DREAM COASTAL HOME ON OAKLEY'S ISLAND! Discover this unique opportunity to own a WATERFRONT LOT on beautiful OAKLEY'S ISLAND in the OAKLEY'S MUD RIVER SUBDIVISION, offering access to the WEEKI WACHEE RIVER and the OPEN GULF ! This spacious 8,765 SQ FT (approximately 75 x 117) with 75FT SEAWALL .homesite provides the perfect setting to build your dream island retreat and embrace the ultimate FLORIDA WATERFRONT LIFESTYLE! THE PROPERTY FEATURES A COVERED BOAT RAMP AND AN EXISTING CONCRETE PAD WHERE A PREVIOUS HOME WAS REMOVED! READY TO START BUILDING YOUR NEW DREAM HOME . Imagine spending your days BOATING, FISHING, KAYAKING, PADDLEBOARDING, or simply relaxing and enjoying the peaceful coastal surroundings. AND BEST OF ALL - Because there was a previous home on the property, IMPACT FEES have been paid as well as all utility connection fees. (No utilities are currently active on the property. Zoned R1B for SINGLE-FAMILY RESIDENTIAL USE ONLY (NO MANUFACTURED HOMES), this property offers NO TIMELINE TO BUILD, giving you the flexibility to purchase your slice of paradise today and build when you're ready! Whether you're dreaming of a PRIMARY RESIDENCE or a PERSONAL VACATION GETAWAY, this island homesite offers an exceptional opportunity to create your own coastal escape. Please note that SHORT-TERM RENTALS ARE NOT PERMITTED. The property is located in a FLOOD ZONE, and future construction will need to meet applicable elevation requirements. This is NOT AN RV LOT, and living in an RV on the property is NOT PERMITTED. Located in the charming coastal community of OAKLEY'S MUD RIVER, you'll enjoy the tranquility of ISLAND LIVING while remaining close to waterfront restaurants, local marinas, live entertainment, and endless outdoor recreation. Explore the nearby WEEKI WACHEE SPRINGS STATE PARK, famous for its crystal-clear spring-fed waters, scenic kayaking adventures, and breathtaking natural beauty. Shopping, dining, medical facilities, and everyday conveniences are all within reach, allowing you to enjoy the best of both worlds—PEACEFUL WATERFRONT LIVING with convenient access to modern amenities. LOCATION: The property is located on the RIGHT SIDE OF THE STREET just past 5376 FELKER DR. Please note that LOT LINES SHOWN IN AERIAL PHOTOGRAPHS ARE APPROXIMATE. LAND FINANCING OPTIONS ARE AVAILABLE! Don't miss this opportunity to own your very own piece of ISLAND PARADISE with DIRECT GULF ACCESS, A COVERED BOAT RAMP, AND AN EXISTING CONCRETE PAD! BRING YOUR PLANS, BUILD YOUR DREAM HOME, AND START LIVING THE FLORIDA COASTAL LIFESTYLE YOU'VE ALWAYS IMAGINED! Lot Next door is also available for sale separately.

Translating description...

Listings courtesy of HILL POINT REALTY INC. as distributed by MLS GRID.

Listed by: Sarah Hill • mls@sarahhillgroup.com • HILL POINT REALTY INC.

Co-listed by: HILL POINT REALTY INC.

Source: Stellar MLS as distributed by MLS GRID, MLS#: W7890501 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 2, 2026 at 9:57 AM EST.

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Affordability

$145,000$305,000
1%20%
0%90%
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Estimated monthly payment

$1,383/mo

  • Mortgage$1,138
  • Property tax$225
  • HOA fee
  • Homeowners insurance
Due at closing$178,875
Down payment held in escrow$45,000
Closing costs$3,375
beycome credit Est.$4,500

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Oakleys Mud River Sub Unrec

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 13 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 02, 2026 at 09:57am EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$225,000 Listed price

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$4,500 Credit back

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