5297 S Cherokee Way #104, Homosassa, FL, 34448
About This Home
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/
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1974
Materials
- Roof: Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: Condo
- Architectural style: Other
- Property subType: Condominium
Interior
Appliances
- Appliances included: Electric Oven,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Ceiling Fan(s)
- Flooring: Laminate,Wood
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 476
- Total interior livable area: 476 sqft
Kitchen
- Level: Main
- Area: 44
- Dimensions: 11x4
Living Room
- Level: Main
- Area: 294
- Dimensions: 21x14
Master Bedroom
- Level: Main
- Area: 168
- Dimensions: 14x12
Property
Details
- Parcel number: 17E19S310060 00010 1040
- Zoning: R1-MH
- Zoning description: Residential Single Family Housing
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- On waterfront: Yes
- Waterfront features: Direct Gulf Access,Gulf Frontage
Lot
- Lot size: 0.01 sqft
- Features: Other
Parking
- Total spaces: 1
- Parking features: Assigned
- Covered spaces: 1
- Carport: Yes
- Carport spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Lightning
- Tornado
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Citrus County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $909 | $10,908 |
| Home Insurance * | $99 | $1,188 |
| Property Taxes | $276 | $3,312 |
| Electricity | $197 | $2,366 |
| Total | $1,481 | $17,772 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-02-20 | Price change | $199,900 |
| 2024-07-13 | Price change | $215,000 |
| 2024-03-12 | Price change | $239,900 |
| 2024-02-23 | Price change | $269,900 |
| 2024-02-23 | Listed for sale | $239,900 |
| 2006-07-26 | Sold | $215,000 |
| 2004-08-11 | Sold | $172,500 |
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