$215,000
For Sale

5297 S CHEROKEE WAY #104

Homosassa, FL 34448
476 sqft | 1 bed | 1 bath | 0.01 acres | #T3505477
Browse 27 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

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!

  • Interior Details
      • InteriorLiving Room/Dining Room Combo
    • Beds & Baths
      • Bedrooms1
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Exterior MaterialsLighting, Other
      • Stories1
    • Measurements
      • Acres0.01
      • Square Feet476
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1974
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesCable Connected, Electricity Connected, Sewer Connected, Water Connected
      • Utility SourceSee Remarks
      • Sewer InformationOther
  • Community and Neighborhood Details
      • SubdivisionRIVERSIDE VILLA
    • Location
      • Middle SchoolCrystal River Middle School
      • High SchoolCrystal River High School
      • Elementary SchoolCitrus Springs Elementar
      • CountyCitrus
  • Financial Details
      • Original List Price$269,900
      • Taxes Annual$1,489
      • Days on Market (Cumulative)250
    • HOA
      • Hoa Fees544
  • Restrictions
      • Pets AllowedYes
  • Other
      • MLS #T3505477

Location

Eva GarciaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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