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5297 S Cherokee Way Unit 104

Homosassa, FL 34448

1 bed
1 bath
476 sqft
451 sqft lot
$451 per sqft
1974 build
– on site

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!

Listing courtesy of STELLAR_MLS / DALTON WADE INC

Last checked: Checking… • Last updated Nov 7, 2024 •

MLS# T3505477 —

The Building

Year Built:

1974
New Construction:

false
Construction Materials:

Vinyl Siding
Levels:

One
Stories Total:

1
Roof:

Shingle
Foundation Details:

Slab
Floor Number:

1
Unit Number:

104
Building Area Total:

476
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Living Room/Dining Room Combo
Flooring:

Laminate
Fireplace:

false

Room Dimensions

Living Area:

476
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

W Bradshaw St. Continue on W Yulee Dr (CR-490). Turn left onto W Yulee Dr. Continue on S Cherokee Way
Latitude:

28.784292
Longitude:

-82.616935
Coordinates:

-82.616935, 28.784292

The Property

Parcel Number:

: 17E19S310060 00010 1040
Property Type:

Residential
Property Subtype:

Condo - Hotel
Lot Size Acres:

0.01
Lot Size Area:

451
Lot Size SqFt:

451
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

GNC
Direction Faces:

East
View:

false
Exterior Features:

Lighting
Water Source:

See Remarks
Road Surface Type:

Concrete
Flood Zone Code:

AE
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

14
Tax Block:

20
Tax Legal Description:

RIVERSIDE VILLAS A CONDOMINIUM UNIT 104 VILLA 1
Tax Book Number:

2045/0251
Tax Annual Amount:

1489

Beds

Bedrooms Total:

1

Baths

Total Baths:

1
Total Baths:

1
Full Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/T3505477
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Other

Appliances

Appliances:

Electric Water Heater
Laundry Features:

Common Area

Schools

Elementary School:

Citrus Springs Elementar
Middle Or Junior School:

Crystal River Middle School
High School:

Crystal River High School

The Community

Subdivision Name:

RIVERSIDE VILLA
Senior Community:

false
Community Features:

Association Recreation - Owned
Water View:

River
Water View:

true
Water Access:

River
Water Access:

true
Waterfront:

true
Waterfront Features:

River Front
Pool Private:

false
Pets Allowed:

Yes
Pet Restrictions:

Buyer/Buyer's Agent to verify pet friendly restrictions
Association:

true
Association Fee:

544
Association Fee Frequency:

Monthly
Association Fee Requirement:

Required
Monthly HOA Amount:

544
Ownership:

Fee Simple
Association Approval Required:

true

Parking

Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$215,000

Expense	Monthly cost
Mortgage	$1,151
Taxes	$124
Insurance	$59
HOA fees	$544
Utilities	$109 See report
Total	$1,987/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

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Spectrum

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
7/13/24 Jul 13, 2024	Price Changed	STELLAR_MLS	$215,000	-10.4%
3/12/24 Mar 12, 2024	Price Changed	STELLAR_MLS	$239,900	-11.1%
2/23/24 Feb 23, 2024	Listed / Active	STELLAR_MLS	$269,900

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This condo located in Homosassa, FL 34448 is currently for sale for $215,000. 5297 S Cherokee Way Unit 104 is a 476 square foot condo with 1 bed and 1 bath that has been on Estately for 321 days. This condo is in the attendance area of Crystal River High School, Crystal River Middle School, and Homosassa Elementary School.

Listing Courtesy of: STELLAR_MLS and DALTON WADE INC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.