9 months on rocket

5296 Tropical Pt, Weeki Wachee, FL, 34607

$599,000

Home List Price

$7,113*

Closing Credit

3 Bedrooms
3 Full Baths
1,697 SqFt
$353/SqFt
House
Schools Nearby

Location

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5296 Tropical Pt, Weeki Wachee$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1976
HeatingHeat Pump, Window Unit(s)
CoolingCentral Air, Wall/Window Unit(s)
WaterfrontRiver Front
ViewWater
MLS #T3448520
Lot Size0.12 Acres
StatusActive

About 5296 Tropical Pt

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 Details

Property Features

Property Information:

  • Year Built: 1976
  • Stories: 2
  • Living Area: 1,697 SqFt

Listing Office:

  • Office Name: ESHENBAUGH LAND COMPANY
  • Office Phone: (813) 287-8787
  • Listing Agent: Chase Collier

Interior Features

Interior Information:

  • Appliances: Tankless Water Heater
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Ceiling Fans(s), PrimaryBedroom Upstairs

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: River Front
  • View: Water
  • Exterior: Other

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Window Unit(s)
  • Cooling: Central Air, Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Weeki Wachee High School, Public District Grades 9-12
  • Winding Waters K-8, Public District Grades PK-8

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $353/SqFt

Tax Information:

  • Annual Amount: $2,653
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3448520

Listing Office:

  • Office Name: ESHENBAUGH LAND COMPANY
  • Office Phone: (813) 287-8787
  • Listing Agent: Chase Collier

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/28/2024, 11:49:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 05, 2006Home Sold
$495,000
Apr 30, 2004Home Sold
$280,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,653$163,991
2018$2,613$149,498
2017$2,239$136,535

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2742173
5
/10

  • Winding Waters K-8

  • 12240 Vespa Way

  • 6.74 miles

  • Public District Grades PK-8

High School

school-card-donut-2742174
4
/10

  • Weeki Wachee High School

  • 12150 Vespa Way

  • 6.67 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,390. The most common annual income of people living in Hernando County, FL is between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5296 Tropical Pt

What is the listing price of this property?

The listing price of 5296 Tropical Pt property is $599,000.

What type of property is this?

The property 5296 Tropical Pt is a house located in Weeki Wachee, Florida, 34607.

Is this property for sale now?

Active Listing: 5296 Tropical Pt is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5296 Tropical Pt are:
Winding Waters K-8: GreatSchools Rating 5/10
Weeki Wachee High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,653 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 5, 2006 for $495,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5296 Tropical Pt has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5296 Tropical Pt is 1,697 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5296 Tropical Pt is 1976.

Rocket Homes›Florida›Hernando County›Weeki Wachee›34607›5296 Tropical Pt

This home is located at 5296 Tropical Pt in Weeki Wachee, FL and zip code 34607. This 1,697 square foot home, which was built in 1976, sits on a 0.12 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 06, 2023 and is currently priced at $599,000.

Over 66 listings were sold over their listed price in March 2024 in Hernando County, FL. In the same period over 297 listings were sold below the listed price and 139 listings were sold for the listed price. Between February 2024 and March 2024, Hernando County, FL real estate market has seen increase in the number of listings by 3.2%. While the average time on the market in March 2024 was 49 days, the median list price was $319,994.

From Rocket Homes Real Estate and based on county public records data.

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