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8038 Madrid Rd, Weeki Wachee, FL, 34613

$286/sqft·Royal Highlands

3 bd3 ba2,092 sqft7 car garageSingle Family
Listed by HOME LAND REAL ESTATE INC· Last updated · MLS# W7884658

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Est. monthly payment
$3,922/mo
Down payment (20%)
$119,800
Property taxes
$498/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 2001
Private pool
Gunite
7 car garage
Covered
1.00 acres
Lot size
2,092 sqft
Living area

About this home

Cathedral Ceiling(s)Ceiling Fans(s)Eat-in KitchenHigh CeilingsLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Wood Cabinets

8038 Madrid Rd is a 2001-built home in Royal Highlands, Weeki Wachee. Inside you'll find 3 bedrooms, 3 bathrooms, and 2,092 square feet of living space. Listed at $599,000 (about $286/sqft), 25 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

NEED GARAGE SPACE??...this is the ULTIMATE PROPERTY!! HOME HAS A BRAND NEW ROOF!! Yes, it needs landscaping, the pool cleaned, and some TLC...but if you can do that...you will have the ULTIMATE PROPERTY. It has EVERYTHING!! 3 bedrooms + 2 remodeled bathrooms in the home + 3 car attached garage (23x32) + a private pool + spa + 3, yes 3, VERY LARGE DETACHED BLOCK GARAGES with tall/wide bay doors (24x60, 20x46, and 40x30) + a full bathroom in one of the garages (turn it into a full man cave) + carport (40x16) + large storage shed + all of this on 1 acre + NO FLOOD + NO HOA...so BRING ALL YOUR CARS, BOATS, CAMPERS, ATVS, bring it all!! Located near 50 and and Nightwalker/Oak Hill Hospital!! Sold As-Is Do you have a business with lots work vehicles and equipment or do you have a LOT of TOYS? This is your ultimate dream property!! Close to everything!! Shoppes, restaurants, hospitals, schools...everything!! Less than 10 minutes to kayaking, paddle-boarding, and swimming with the manatees in the clear Weeki Wachee River or enjoying a day at Buccaneer Bay Water Park!! 15 minutes to the sunsets at Pine Island, boating and fishing!! Less than 10 minutes to the Suncoast Parkway for quick and easy access to Tampa International Airport and for all the fun that Tampa Bay has to offer!! 1 hour + to TOP US BEACHES!! 1.5 hours to Disney World and Universal Studios and all the theme parks!!

The essentials

Built
2001
Price / sqft
$286
On market
147 days
Annual tax
$5,981
Flood zone
X · Low risk
Lot
43,500 sqft
Type
Single Family Residence

Location

8038 Madrid Rd
Weeki Wachee, FL, 34613·34613 - Brooksville/Spring Hill/Weeki Wachee
Type
Single Family Residence
Year Built
2001
Lot
43,500 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Covered, Driveway, Garage Door Opener
Pool
Gunite, In Ground, Outside Bath Access, Screen Enclosure
Days on Market
147
Cathedral Ceiling(s)
Ceiling Fans(s)
Eat-in Kitchen
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Wood Cabinets
Split Bedroom
Stone Counters
Vaulted Ceiling(s)
Walk-in Closet(s)
Lighting
Private Entrance
Private Mailbox
Private Yard
Rain Gutters
Sidewalk
Sliding Doors
Storage
Dishwasher
Electric Water Heater
Microwave
Range
Refrigerator

Elementary

Winding Waters K8

Middle

Fox Chapel Middle School

High

Weeki Wachee High School

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X

Annual Tax (2025)

$5,981

Parcel #

R01-221-17-3400-0130-0040

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Royal Highlands

County

Hernando

MLS Area

34613 - Brooksville/Spring Hill/Weeki Wachee

Lot Size

43,500 sqft

Date
Event
Price
4/17/2026
Listed for sale
Source: Stellar MLS #W7884658
$599,000+55.6%
$286/sqft
6/21/2019
Sold
Source: Hernando County Public Record
$385,000
$184/sqft
Est. monthly payment$3,922/mo
Principal & interest$3,124
Property taxes$498
Insurance$300
Down payment20% · $119,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $599,000
$590,000 – $599,000
98.3% – 100% of listTops out right at the list price
80% of listList price
103 of the last 205 home closings in 34613 landed at this number or higher (50%). The median one sat 63 days before it went under contract, and this one is on day 147.

Sample: 205 closed home sales in 34613 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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