7 months on rocket

5297 S Cherokee Way Unit 104, Homosassa, FL, 34448

$215,000

Home List Price

$2,553*

Closing Credit

1 Bedroom
1 Full Bath
476 SqFt
$452/SqFt
Condo

Location

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5297 S Cherokee Way Unit 104, Homosassa$215,000

Buyer Closing Credits

$2,553*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1974
HeatingElectric
CoolingCentral Air
WaterfrontRiver Front
MLS #T3505477
Lot Size0.01 Acres
StatusActive

About 5297 S Cherokee Way Unit 104

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!

Property Details

Property Features

Property Information:

  • Year Built: 1974
  • Stories: 1
  • Living Area: 476 SqFt

Listing Office:

  • Office Name: DALTON WADE INC
  • Office Phone: (888) 668-8283
  • Listing Agent: Sharon Gallo

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Range, Refrigerator
  • Flooring Type: Laminate
  • Interior: Living Room/Dining Room Combo

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: River Front
  • Exterior: Lighting, Other

Virtual/3D Tour

  • Virtual Tour: 5297 S Cherokee Way Unit 104
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Crystal River High School, Public Magnet Grades 8-12
  • Crystal River Middle School, Public District Grades 6-8
  • Homosassa Elementary School, Public District Grades PK-5

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $215,000
  • Price Per SqFt: $452/SqFt

HOA Fees:

  • Amount: $544
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Homosassa, FL.

Med. Sold Price

$335K

Med. Price/SqFt

$177

Avg. Days On Market

74

# of Sold Homes

30

5297 S Cherokee Way Unit 104 vs Homosassa

227 DAYS ON ROCKET

+153 Days

$215,000

-$120K Less

$452/SqFt

+$274 More

KEY TAKEAWAY

This property is $120K less than the Median Sold Price and $274/SqFt more than other homes in Homosassa, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3505477

Listing Office:

  • Office Name: DALTON WADE INC
  • Office Phone: (888) 668-8283
  • Listing Agent: Sharon Gallo

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.
Last updated on: 10/7/2024, 11:19:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,685

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$711

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.

Elementary School

school-card-donut-1102157
7
/10
  • Homosassa Elementary School

  • 10935 W Yulee Dr

  • 0.20 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1102158
2
/10
  • Crystal River Middle School

  • 344 NE Crystal St

  • 8.27 miles

  • Public District Grades 6-8

High School

school-card-donut-1102159
3
/10
  • Crystal River High School

  • 1205 NE 8th Ave

  • 8.70 miles

  • Public Magnet Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,109. Typical income of Homosassa, FL residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5297 S Cherokee Way Unit 104

What is the listing price of this property?

The listing price of 5297 S Cherokee Way Unit 104 property is $215,000.

What type of property is this?

The property 5297 S Cherokee Way Unit 104 is a condo located in Homosassa, Florida, 34448.

Is this property for sale now?

Active Listing: 5297 S Cherokee Way Unit 104 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5297 S Cherokee Way Unit 104 are:
Homosassa Elementary School: GreatSchools Rating 7/10
Crystal River Middle School: GreatSchools Rating 2/10
Crystal River High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 5297 S Cherokee Way Unit 104 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 5297 S Cherokee Way Unit 104 is 476 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5297 S Cherokee Way Unit 104 is 1974.

Rocket HomesFloridaCitrus CountyHomosassa344485297 S Cherokee Way Unit 104

This home is located at 5297 S Cherokee Way Unit 104 in Homosassa, FL and zip code 34448. This 476 square foot home, which was built in 1974, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $215,000.

In September 2024 more than 4 listings in Homosassa, FL were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 14 were sold below. In September 2024 in Homosassa, FL there were 0.4% less homes for sale than in August 2024. While the average time on the market in September 2024 was 74 days, the median list price was $335,000.

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

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