16070 SHELDRAKE LOOP, WEEKI WACHEE, FL, 34614
Active163 days on marketListed Feb 8, 2026MLS #TB8473517
About this home
16070 SHELDRAKE LOOP
Exceptional .77 Acre Corner Lot in Royal HighlandsBuild your dream home on this spacious .77 acre wooded corner parcel located in the desirable Royal Highlands area of Weeki Wachee. Zoned PDP (Planned Development Project), this buildable lot offers flexibility for future development and thoughtful site planning. Situated on a quiet dirt or limerock road, the property is filled with mature pines and hardwoods that provide privacy and a natural Florida setting. The corner location enhances accessibility and design options, making it ideal for a custom homesite or long term investment.Royal Highlands is known for its peaceful rural atmosphere while remaining conveniently close to everyday amenities. Just minutes away, Weeki Wachee Springs State Park offers crystal clear freshwater springs, kayaking, paddleboarding, scenic boardwalks, and the famous mermaid shows. The nearby Weeki Wachee River provides boating, fishing, and endless outdoor recreation.Shopping, dining, medical facilities, and major roadways are all a short drive away. US 19 and SR 50 offer easy access to Hernando Beach, Spring Hill, Port Richey, and the Gulf Coast beaches. With nearby schools, parks, and nature preserves, this area appeals to homeowners, snowbirds, and investors seeking space, privacy, and growth potential. Whether you are planning a private retreat or securing land in a growing region, this Royal Highlands parcel presents an excellent opportunity in West Central Florida
Facts & features
The home at a glance
0.77 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$500 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$500/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Royal Highlands
Get to know Weeki Wachee. See the full Weeki Wachee guide →
Royal Highlands — neighborhood snapshot
Population
7,281
Median age
44
Median income
$86,157
Median home value
$281,096
Avg household
3
Households w/ children
804
For the school run
Hernando County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Weeki Wachee market
$357K → $360K
Weeki Wachee median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
Median sold price, Weeki Wachee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 81% below the WEEKI WACHEE 34614 median. See the full Weeki Wachee market guide →
Paper trail
This home's history
Reality check
What actually sold near 16070 SHELDRAKE LOOP
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$390,000
8405 MAZETTE ROAD · same community
3 bd · 2 ba · 1,299 sqft · $300/sqft · 32 DOM
Sold · Mar ’26$332,900
12117 MILLINGTON AVENUE · same community
3 bd · 2 ba · 1,498 sqft · $222/sqft · 110 DOM
Sold · Nov ’25$370,636
16023 PENN STATE ROAD · same community
3 bd · 2 ba · 1,689 sqft · $219/sqft · 0 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Yumiko Sugawara
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 16070 SHELDRAKE LOOP — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 16070 SHELDRAKE LOOP — before you fall in love.
See it in person
Schedule a tour
Live availability from Yumiko's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
16070 SHELDRAKE LOOP FAQs
What would the monthly payment be for 16070 SHELDRAKE LOOP?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $500/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 16070 SHELDRAKE LOOP?+
The most recent tax bill on record (2025) was $433. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Weeki Wachee?+
At $48,000, this home is listed about 88% below the Weeki Wachee median of $395,000. The market section on this page shows how the area is trending.
Which schools are assigned to 16070 SHELDRAKE LOOP?+
Weeki Wachee High School (high), Winding Waters K-8 (elementary) — Hernando County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the WEEKI WACHEE 34614 market on paper
$48,000 is 81% below the WEEKI WACHEE 34614 median of $258,499.
02Trees/Woods views
The trees/woods view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
163 days on market against a Weeki Wachee median of 40 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $50,000, now $48,000 — a $2K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX PREMIER GROUP · Tina Serfozo. MLS #TB8473517.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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