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For sale
  • Price cut: $20K (7/6)
    $179,900

    5297 S Cherokee Way #104, Homosassa, FL 34448

    1beds
    476sqft
    : 
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    Condominium
    Built in 1974
    -- sqft lot
    $-- Zestimate®
    $378/sqft
    $181/mo HOA

    What's special

    Boat rampsFull-service marinaSparkling poolBreathtaking waterviewRiver access
    Owner 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 living features for up to 3 months. This 1 Bedroom, 1 Bathroom: Your cozy retreat awaits, 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! Visit https://www.floridacrackerriversideresort.com/
    869 days
    |
    357
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sharon Gallo 352-247-4492,

    Dalton Wade Inc

    Source: HCMLS,MLS#: 2236872MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: Main
      • Area: 168
      • Dimensions: 14x12
      Kitchen
      • Level: Main
      • Area: 44
      • Dimensions: 11x4
      Living room
      • Description: dining combo
      • Level: Main
      • Area: 294
      • Dimensions: 21x14
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Electric Oven, Refrigerator
      Features
      • Ceiling Fan(s)
      • Flooring: Laminate, Wood
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 476
      • Total interior livable area: 476 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned
      • Carport spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • On waterfront: Yes
      • Waterfront features: Direct Gulf Access, Gulf Frontage
      Lot
      • Size: 0 Square Feet
      • Features: Other
      Details
      • Parcel number: 17E19S310060 00010 1040
      • Zoning: R1-MH
      • Zoning description: Residential Single Family Housing
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Other
      • Property subtype: Condominium
      Materials
      • Vinyl Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1974

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Shared Well
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Subdivision: Riverside Unrecorded
      HOA
      • Has HOA: Yes
      • Amenities included: Pool
      • HOA fee: $544 quarterly
      Location
      • Region: Homosassa

      Financial & listing details

      • Price per square foot: $378/sqft
      • Tax assessed value: $98,986
      • Annual tax amount: $1,489
      • Date on market: 7/1/2026
      • Listing terms: Cash,Conventional,Owner May Carry
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,420/mo

        Price history

        DateEventPrice
        7/6/2026Price change$179,900-10%$378/sqft
        Source: HCMLS #2236872 Report a problem
        2/20/2025Price change$199,900-7%$420/sqft
        Source: Stellar MLS #T3505477 Report a problem
        7/13/2024Price change$215,000-10.4%$452/sqft
        Source: HCMLS #2236872 Report a problem
        3/12/2024Price change$239,900-11.1%$504/sqft
        Source: Stellar MLS #T3505477 Report a problem
        2/23/2024Price change$269,900+12.5%$567/sqft
        Source: Stellar MLS #T3505477 Report a problem
        2/23/2024Listed for sale$239,900+11.6%$504/sqft
        Source: HCMLS #2236872 Report a problem
        7/26/2006Sold$215,000+24.6%$452/sqft
        Source: Public Record Report a problem
        8/11/2004Sold$172,500$362/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,415 +23.5%$66,766 +10%
        2024$1,146 -23%$60,696 -22.7%
        2023$1,489 +8.3%$78,473 +10%
        2022$1,374 +21.7%$71,339 +10%
        2021$1,129 -0.2%$64,854 +0.2%
        2020$1,131 -36.5%$64,734 -37.9%
        2019$1,780 -0.6%$104,282
        2018$1,790 $104,282 +3.4%
        2017$1,790 +0.9%$100,900 -1%
        2016$1,774 -4.3%$101,900
        2015$1,853 +0.5%$101,900
        2014$1,844 -1.9%$101,900 -0.6%
        2013$1,879 +14.4%$102,500 -0.5%
        2012$1,643 +15.4%$103,015 +22.9%
        2011$1,423 -29%$83,853 -10.5%
        2010$2,006 -21.1%$93,651 -23%
        2009$2,541 -1.6%$121,595 -4%
        2008$2,583 -11.9%$126,607 -16.5%
        2007$2,932 +2.9%$151,700 +4.7%
        2006$2,851 +0.2%$144,900 +36.2%
        2005$2,846 +15.1%$106,400 +3.3%
        2004$2,473 $103,000
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34448

        Getting around

        28 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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