Homosassa is an unincorporated Nature Coast community in Citrus County, built around the spring-fed Homosassa River and best known for manatees, scalloping, and Old Homosassa's fishing-village roots (Florida State Parks and Homosassa Florida history pages). The area's modern identity traces to a 19th-century sugar plantation and mill and a later push to develop it as a Gulf vacation spot.
The community is really several markets. There is canal and river waterfront with direct or near-direct Gulf and spring access, an established interior of single-family homes, and pockets of acreage. Much of the area carries no mandatory HOA, while some planned sections and nearby communities do, so the fee picture is light but parcel specific.
The Homosassa name covers very different homes, so the money is made or lost on the parcel, the elevation, the flood zone, and an honest read of water access, insurance, and an older home's roof and systems, not the headline price.
The pitch is the Nature Coast lifestyle plus relative value: a working river town with the Ellie Schiller Homosassa Springs Wildlife State Park, boating, and fishing, at pricing generally below the larger Tampa Bay metro suburbs to the south. The work is sorting waterfront from interior, and verifying flood zone, insurance, and septic or sewer status before you commit.