1566 INDIAN BAY ROAD, SPRING HILL, FL, 34607
Active95 days on marketListed Apr 24, 2026MLS #TB8501398
About this home
1566 INDIAN BAY ROAD
Welcome to your laid-back coastal retreat in the desirable Indian Bay neighborhood of Hernando County. This elevated two-bedroom, one-and-a-half-bath home captures the essence of Gulf-side living with inviting spaces and breezy waterfront charm. Step inside to a light-filled family room that flows effortlessly into a spacious kitchen designed for both function and style. Featuring abundant cabinetry, granite countertops, and a cozy eat-in area, the kitchen overlooks the Gulf—creating the perfect backdrop for morning coffee or evening meals. Both the kitchen and family room offer sliding glass doors that open to a covered, screened front deck where you can unwind and take in stunning sunset views over the water. The home offers two generously sized bedrooms, each with pocket sliding doors, ample closet space, and private sliding glass doors leading to an expansive 31-foot covered back patio overlooking a peaceful, wooded backyard—ideal for relaxing or entertaining in a more secluded setting. Need extra space? A charming spiral staircase in the family room leads to a 31’ x 12’ loft, currently utilized as a third bedroom, offering flexibility for guests, a home office, or creative space. Underneath the home, you’ll find an impressive 60’ x 31’ area with 11-foot ceiling height and a convenient half bath—perfect for storing boats, RVs, or all your coastal lifestyle toys. Ideally located just minutes from Hernando Beach shopping, dining, and local marinas, this home offers the perfect blend of comfort, functionality, and relaxed coastal living. Whether you’re looking for a full-time residence, weekend getaway or Short term rental property, this Gulf-view gem is ready to welcome you home.
Facts & features
The home at a glance
2
Bedrooms
1.5
Bathrooms
1,536
Sqft
0.29 ac
Lot size
2001
Year built
One
Levels
$286
Per sqft
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.
$3,388 /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
$3,388/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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+65.1%
$/sqft vs Spring Hill actives
$286 vs $191
Days on market
95 vs 29 typical
Where $286/sqft sits among the 400 Spring Hill actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Spring Hill
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Spring Hill. See the full Spring Hill guide →
SPRING HILL 34607 — neighborhood snapshot
Population
9,046
Median age
55.7
Median income
$61,221
Median home value
$343,100
Avg household
2.3
Households w/ children
740
For the school run
Hernando County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Spring Hill market
$320K → $318K
Spring Hill median sold, yr/yr
97.8%
Sale-to-list ratio (12 mo)
200 of 400
Spring Hill actives have cut their price
Median sold price, Spring Hill, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 35% above the SPRING HILL 34607 median. See the full Spring Hill market guide →
Paper trail
This home's history
Reality check
What actually sold near 1566 INDIAN BAY ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$495,000
4009 SHEEPHEAD DRIVE
3 bd · 3 ba · 1,554 sqft · $319/sqft · 0 DOM
Sold · Dec ’25$535,000
3431 SHEEPHEAD DRIVE
3 bd · 2 ba · 1,630 sqft · $328/sqft · 424 DOM
Sold · Sep ’25$414,900
4009 TRIGGERFISH DRIVE
3 bd · 2 ba · 1,638 sqft · $253/sqft · 155 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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1566 INDIAN BAY ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1566 INDIAN BAY ROAD — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1566 INDIAN BAY ROAD FAQs
What would the monthly payment be for 1566 INDIAN BAY ROAD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,388/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 1566 INDIAN BAY ROAD?+
The most recent tax bill on record (2025) was $5,331. 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 Spring Hill?+
At $439,900, this home is listed about 28% above the Spring Hill median of $345,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1566 INDIAN BAY ROAD?+
Fox Chapel Middle School (middle), Deltona Elementary School (elementary), Weeki Wachee High School (high) — Hernando County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$439,900 runs 35% above the SPRING HILL 34607 median.
02Water views
The water view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
95 days on market against a Spring Hill median of 29 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $449,900, now $439,900 — a $10K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of PEOPLE'S TRUST REALTY · Sean Kwiatkowski. MLS #TB8501398.
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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