Price Reduction - Waterfront - Fixer Upper
Address
5296 Tropical POINT, WEEKI WACHEE, FL
Price
$ 599,000
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$ 599,000
- 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 |
| 4/25/2024 | 6% - $599,000 |
General Features
| Interior Features | Ceiling Fan(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 | 171 |
| 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
Taxes
Visits
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated Last updated on May 2, 2024 10:30 AM UTC The listing information on this page last changed on Last updated on May 2, 2024 10:30 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on May 2, 2024 10:30 AM UTC
