292 N INDIANAPOLIS AVENUE
Hernando, FL, 34442 $ 49,900
Baths0.0 Monthly Estimate*
$ 315
Studio for $49,900. The lot size is 1.18.
Welcome to a rare opportunity to claim 1.18 acres of Florida freedom at 292 N Indianapolis Ave in Hernando. Nestled between two established homes in a quiet residential setting, this spacious parcel offers the breathing room that is becoming increasingly hard to find—and the flexibility to shape it around the life, home, or investment vision you have in mind. In Citrus County, where the average lot is approximately .35 acre, this oversized homesite delivers more than three times the space to dream bigger. Design a custom residence with room to spare, create a seasonal retreat with room for guests, or explore future investment possibilities, subject to applicable zoning and permitting. With utilities nearby and a beautiful natural setting, the groundwork is here for a property that feels private, practical, and distinctly yours. This high-and-dry parcel provides generous space for the features that turn a house into a lifestyle: a sparkling pool, detached garage or workshop, lush garden, outdoor entertaining area, and dedicated room for the RV, boat, toys, or equipment that should not have to compete for driveway space. There is room to plan thoughtfully, build comfortably, and enjoy the kind of everyday elbow room that tighter lots simply cannot offer. Location adds another layer of value. Enjoy the relaxed, outdoors-forward lifestyle Citrus County is known for, with lakes, scenic trails, golf, and small-town charm all within easy reach. Tsala Apopka Lake is just minutes away for boating, fishing, and waterfront recreation. The Withlacoochee State Trail invites cyclists, runners, and nature lovers to get outside, while the inviting downtowns of Hernando and Inverness bring local dining, shops, community events, and timeless Florida character close to home. Convenient connections to US-41 and FL-44 keep daily errands, regional travel, and nearby destinations within reach. No HOA. No CDD. No cookie-cutter limitations dictating every detail of your plans. Just a rare 1.18-acre canvas, established residential surroundings, utilities nearby, and the space to create something meaningful from the ground up. This is the kind of parcel that lets your priorities lead the design—not the other way around. Want a wide driveway, a true backyard, space between you and the neighbors, or a place where weekend projects have a home of their own? This lot gives those ideas a legitimate place on the site plan. Build now, hold for later, or create a legacy property that reflects your standards from day one. Whether your next chapter calls for a custom estate, a peaceful Florida escape, or a strategic land acquisition, this parcel gives you the one thing buyers cannot manufacture later: land. The possibilities are wide open, but parcels with this kind of scale are not. Secure your piece of Citrus County’s future and start building the vision today.
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FeaturesGeneralSewer Septic Needed
Utilities Electricity Available Other
Possession Close Of Escrow
Zoning CRR
Tax Year 2025
Current Use Residential
Ownership Fee Simple
County Citrus
Property Type Land
Subdivision Name CITRUS HILLS 1ST ADD
Status Active
Directions Heading East on SR 44 Turn Left onto South Thayer Ave Right onto West Quince St Left onto North Indianapolis Ave. Lot is on the Left
High School Lecanto High School
City HERNANDO
MLS Area 34442 - Hernando
Lot Size Units Acres
Lot Size Square Feet 51222
Listing Terms Cash
Elementary School Forest Ridge Elementary School
Tax Annual Amount 350.27
Middle/Junior High School Lecanto Middle School
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 13
Legal Description CITRUS HILLS 1ST ADD PB 9 PG 73 LOT 13 BLK 57
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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ExteriorWater Source Well
Lot Size Area 1.1759
Lot Dimensions 150 x 338
Lot Size Acres 1.18
Road Surface Type Asphalt
Waterfront Y/N false
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* Excluded FeaturesList Bytony@liveandinvestgroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $315
- Monthly Property Taxes
- $29
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Hernando, FL
Average List Price $116,405
Percent of Sale Price 133%
About Hernando, FL 9,694 Population
27% Since 2002
$ 34,009 Median Income
57.54 Median Age
12% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Lecanto High School High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/25/2026 | $49,900 | | Listed Price |