• 5296 Tropical Point WEEKI WACHEE, FL 34607

  • $635,000
  • 3
    Bed(s)
  • 3
    Baths
  • 1,697
    Sq Ft
  • 0.12
    Acre
  • Listed By: ESHENBAUGH LAND COMPANY
  • Source: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

This property is one of the widest parts of the pristine main Weeki Wachee river with crystal clear water making it a very unique and versatile piece of paradise! It is located on a dead-end street known to the locals as "the island" that adds to the peace and quiet that will not disappoint. Imagine waking up seeing manatees and dolphins gliding through the canal right behind your property. This is the kind of picturesque, tranquil setting that is desired. The property allows you to park your RV for as long as you desire, or explore the potential of short-term rentals, providing a lucrative investment opportunity. The property is zoned R1A, offering versatility in terms of potential development. Whether you envision building a dream to your own specifications, using the lot as a weekend retreat, or constructing your dream home in Weeki Wachee, the possibilities are as vast as the river itself. NOTE: THIS IS AN AS-IS FIXER-UPPER, OR PERHAPS EVEN A TEAR-DOWN AND BUILD NEW. Prior mold was remediated recently, but no drywall or other repairs have been made. Please see mold disclosure in attachments. Just 2 miles to the Gulf of Mexico & approximately 4 miles to the head of the Weeki Wachee Spring State Park. The Weeki Wachee River releases 111 million gallons of spring water a day and is world renown since 1959 for the underwater mermaid show. It's now a destination for kayaks, canoeing, tubing, SUP, boating and scalloping in the beautiful Gulf of Mexico. Rogers Park, Jenkins Creek, Linda Pederson Preserve, Weeki Wachee Preserve, Bayport, and Pine Island are all within a short distance. This area offers many options for dining and entertainment at quaint waterfront restaurants and bars. Only 15 minutes to Spring Hill or Brooksville for shopping, restaurants and movies. ONCE FIXED-UP, THIS HOME IS PERFECT FOR A MAIN RESIDENCE, WEEKEND RETREAT OR VRBO/AIR BNB AS AN INCOME PROPERTY. PROOF OF FUNDS OR PRE-APPROVAL LETTER IS REQUIRED PRIOR TO SCHEDULING A SHOWING. Please send all offers on an AS-IS FARBAR contract. DRASTICALLY IMPROVED PRICING to $635k reflects over 15% lower price than it appraised a little over 1 year ago.

Property Type :

Residential

Subdivision :

Weeki Wachee Gardens Add

County :

Hernando

Style :

Residential

Property Details

 

Bedroom Information

Total Bedroom: 3

Bathroom Information

Total Baths: 3

Full Baths: 3

Interior Features

Ceiling Fans(s), PrimaryBedroom Upstairs

Roof : Shingle

Appliances : Tankless Water Heater

Laundry Features: Inside

Roofing Information

Shingle

Flooring Information

Flooring : Carpet, Ceramic Tile

Construction Materials : Wood Siding

Heating & Cooling

Heating: Heat Pump, Wall Units / Window Unit

Cooling: Central Air, Wall/Window Unit(s)

Water front: 1

WaterSource: Public

Building Information

Year Built: 1976

Exterior Features

Other

Construction Materials: Wood Siding

Foundation Details: Slab

Road Responsibility: Public Maintained Road

Lot Information

Lot Dimensions: 50x101

Lot Square Feet: 5056

Lot Acres: 0.12

Lot Size (SqMt): 470

Property Information

Property Type: Residential

Sub Type: Single Family Residence

Listing Price Information

Original List Price: $749000

Tax Information

Tax Block: Unit 3

Tax Book Number: 7-32

Tax Lot: 35

Tax Legal Description: WEEKI WACHEE GARDENS ADD UN 3 LOT 35

Annual Tax: $3874.93

Tax Year: 2022

Parcel Number: R32-222-17-4040-0000-0350

Utility Information

Cable Available, Electricity Connected, Fire Hydrant

Sewer: Public Sewer

Water Source: Public

Location Information

Subdivision: WEEKI WACHEE GARDENS ADD

City: WEEKI WACHEE

Direction: Shoal line north over the bridge and make a left on Tropical Drive then left on Tropical Point. House is 3rd house on the left.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3480 Harbor Drive, Weeki Wachee, FL,34607 $699,000 3 2 1,430 0.13 Acre
Yearling Avenue, Weeki Wachee, FL,34607 $150,000 -- -- 50,000 1.14 Acres
6049 Patricia Place, Weeki Wachee, FL,34607 $699,999 4 5 4,854 1 Acre
6239 Waverly Road, Weeki Wachee, FL,34607 $625,000 2 1 976 0.14 Acre
3439 Pandora Drive, Weeki Wachee, FL,34607 $410,000 -- -- 6,770 0.16 Acre
3433 Pandora Drive, Weeki Wachee, FL,34607 $410,000 -- -- 6,770 0.16 Acre
6049 Colony Circle, Weeki Wachee, FL,34607 $175,000 -- -- 5,700 0.13 Acre
6121 Waters Way, Weeki Wachee, FL,34607 $69,000 -- -- 29,747 0.68 Acre
6799 E Richard Drive, Weeki Wachee, FL,34607 $449,990 3 2 1,404 0.12 Acre
7182 Westwind Street, Weeki Wachee, FL,34607 $295,000 -- -- 11,099 0.25 Acre

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Based on information submitted to the MLS GRID as of 05/02/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 05/02/2024 @ 18:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


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ByOwner last updated this listing 05/02/2024 @ 18:20

MLS: MFRMLS #T3448520
LISTED BY: Chase Collier, ESHENBAUGH LAND COMPANY
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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