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$179,900

5297 S CHEROKEE WAY UNIT 104, HOMOSASSA, FL 34448

3D Tour
Active956 days on market

Beds

1

Baths

1

Sq Ft

476 sq ft

Year Built

1974

Lot Size

0.01 acres

Garage

,

About This Property

Seller financing available. Welcome to your perfect investment opportunity nestled along the serene shores, offering unparalleled views and endless amenities. This one-of-a-kind condotel presents an income stream coupled with living features for up to 3 months. This 1 Bedroom, 1 Bathroom is your cozy retreat , offering comfort and convenience for you and your guests. Breathtaking Waterview: Wake up to picturesque scenes and the tranquil sounds of the river, offering a truly immersive experience. River Access: Enjoy direct access to the water, great for boating enthusiasts and water sports lovers. Onsite Management: Hassle-free ownership with dedicated management services ensuring seamless operations. Resort-style Amenities: Indulge in the resort-like lifestyle with a sparkling pool, full-service marina, boat ramps, slips, rentals, kayaking adventures, and exquisite dining options at the onsite restaurant and bar. Generate consistent income through short-term rentals to vacationers seeking a waterfront escape. Tap into the thriving rental market, catering to both leisure and corporate travelers. Benefit from onsite management, ensuring maximum occupancy and optimal rental rates year-round. Experience worry-free ownership with professional management handling all aspects of property upkeep and guest services. Positioned in a high-demand area with limited supply, ensuring consistent rental demand and competitive rental rates. Proximity to local attractions, shopping, dining, and entertainment venues further enhances the property's appeal to guests and tenants alike. Don't miss out on this extraordinary investment opportunity to own a piece of paradise. Schedule your viewing today and embark on a journey towards financial prosperity and waterfront living!

Property Overview

Property TypeResidential
Sub TypeCondo - Hotel
MLS #T3505477
StatusActive
Year Built1974
Stories1
Total Rooms4
ConstructionVinyl Siding
RoofShingle
FoundationSlab
FacesEast
SubdivisionRIVERSIDE VILLA
CountyCitrus
OwnershipFee Simple

Interior Features

InteriorLiving Room/Dining Room Combo
FlooringLaminate
AppliancesElectric Water Heater, Range, Refrigerator
LaundryCommon Area
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorLighting, Other
Lot Size0.01 acres (451 sq ft)
Road SurfaceConcrete
0

Waterfront

WaterfrontYes
FeaturesRiver Front

Utilities

WaterSee Remarks
SewerOther
UtilitiesCable Connected, Electricity Connected, Sewer Connected, Water Connected

Parking

GarageNo

HOA & Community

HOAYes
HOA Fee$544 / Monthly
Senior CommunityNo

Financial Details

List Price$179,900
Original Price$269,900
Annual Taxes$1,489 (2023)
FinancingCash, Other, Owner May Carry
ZoningGNC
Parcel #: 17E19S310060 00010 1040

Schools

ElementaryCitrus Springs Elementar
MiddleCrystal River Middle School
HighCrystal River High School

Directions

W Bradshaw St. Continue on W Yulee Dr (CR-490). Turn left onto W Yulee Dr. Continue on S Cherokee Way

Location

5297 S CHEROKEE WAY UNIT 104, HOMOSASSA, FL 34448

Listing Information

OfficeDALTON WADE INC
ListedFebruary 23, 2024

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Home Price

$179,900

20% ($35,980)
6.75%

Loan Term

Principal & Interest$933
Property Tax (est.)$165
Insurance (est.)$150
Total Monthly$1,248
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: July 6, 2026.

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