Address
5296 Tropical POINT, WEEKI WACHEE, FL
Price
$ 635,000
Property Attributes
  • MLS#T3448520
  • TypeSingle Family
  • CountyHERNANDO
  • CityWEEKI WACHEE
  • AreaSpring Hl-Brksville-WeekiWachee-Hernando Bch
  • NeighborhoodWeeki Wachee Gardens Add
  • Zip34607
  • StyleSingle Family Residence
  • Year Built1976
  • Taxes$ 3874
  • Price$ 635,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1697
  • Lot Size5,227 SqFt
Data Source:
Stellar MLS
Property Description

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.

Price History
11/6/2023 Listed $749,000
12/2/2023 7% - $699,000
1/29/2024 3% - $679,000
3/26/2024 7% - $635,000

General Features

Interior Features Ceiling Fans(s),PrimaryBedroom Upstairs
Sewer Public Sewer
Heating Heat Pump,Wall Units / Window Unit
Cooling Central Air,Wall/Window Unit(s)
Utilities Cable Available,Electricity Connected,Fire Hydrant
Roof Shingle
Appliances Tankless Water Heater
Exterior Features Other
Zoning R1A
Construction Materials Wood Siding
Year Built 1976
View Water
Levels Two
Property SubType Single Family Residence
Tax Year 2022
Percent Ownership Fee Simple
Waterfront Features River Front
County Hernando
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name WEEKI WACHEE GARDENS ADD
Facing Direction North
Garage Y/N No
Total Rooms 5
Status Active
Directions 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.
City WEEKI WACHEE
Buyer Agent Compensation 3%
Body of Water Weeki Wachee River
Senior Community Y/N No
MLS Area 34607 - Spring Hl/Brksville/WeekiWachee/Hernando Bch
Lot Size Square Feet 5056
Private Pool No
Waterfront Y/N Yes
Carport Spaces 1
Carport Y/N Yes
Street Name Tropical
Listing Terms Cash
Tax Annual Amount 3874.93
Property Condition Fixer
Public Remarks 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
Lease Considered Y/N No
Days on Market 141
Standard Status Active
Tax Lot 35
Legal Description WEEKI WACHEE GARDENS ADD UN 3 LOT 35
Water View River
Water Access Type River
Additional Rooms Inside Utility

Interior Features

Flooring Carpet,Ceramic Tile
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 3
Street Suffix POINT
Laundry Features Inside
Total Bedrooms 3
LivingAreaSource Appraiser
Total Baths 3
Living Area Units Square Feet

Exterior Features

Parking Features Driveway
Water Source Public
Lot Size Area 5056
Foundation Details Slab
Building Area Total 2461
Lot Dimensions 50 x 101
Lot Size Acres 0.12
Road Surface Type Asphalt
Lot Size Units Square Feet
Covered Spaces 1
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34607

Price
AVG $760K
$640K
Taxes
AVG $4,997
$3,874
Visits
AVG 592
963
Data Provided by Inside Real Estate®
Year Built
AVG 1986
1976

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