5297 CHEROKEE WAY
HOMOSASSA, FL 34448
About this home
Seller 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 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!
Facts & features
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 476 sqft
- Heating
- Electric
- Cooling
- Central Air
- Flooring
- Laminate
- Stories
- 1
- Features
- Living Room/Dining Room Combo
- Appliances
- Electric Water Heater, Range, Refrigerator
Exterior & lot
- Lot size
- 451 sqft (0.01 ac)
- Waterfront
- Yes
- Roof
- Shingle
- Construction
- Vinyl Siding
- Exterior
- Lighting, Other
Financial
- HOA dues
- $544 / monthly
- Annual tax
- $1,489 (2023)
- Price / sqft
- $378/sqft
Utilities
- Water
- See Remarks
- Sewer
- Other
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Property
- Property type
- Single Family
- Year built
- 1974
- Subdivision
- RIVERSIDE VILLA
- County
- Citrus
Assigned schools
- Elementary
- Citrus Springs Elementar
- Middle
- Crystal River Middle School
- High
- Crystal River High School
Listing
- Status
- Active
- Days on market
- 864 days
- MLS #
- MFR715124454
- Source
- Stellar MLS
Listed by Sharon Gallo · DALTON WADE INC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 23 comparable sales within 1 mile of HOMOSASSA, FL, this home is priced under RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $910/mo
- Property tax
- $124/mo
- Home insurance
- $0/mo
- HOA dues
- $544/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 6, 2026 | Price reduced | $179,900 | −$90,000 |
| Feb 23, 2024 | Listed | $269,900 | — |
NeighbourhoodSample data
Reference scores for HOMOSASSA, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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