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$199,900
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Property Description
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!
Full Property Details
Full Property Details for 5297 S Cherokee Way #104
General
- Price: $199,900
- HOA FEE: $544/month
- Taxes: $1,489 (2023)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: T3505477
- Updated: 10/15/2025
- Added to Site: 695 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 4
- Interior Features: Living Room/Dining Room Combo
- Appliances: Electric Water Heater, Range, Refrigerator
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Common Area
Exterior
- Exterior Features: Lighting, Other
Location
- Area: 34448 - Homosassa
- County: Citrus
- Development Name: 34448 - Homosassa
- Subdivision: RIVERSIDE VILLA
- Driving Directions: W Bradshaw St. Continue on W Yulee Dr (CR-490). Turn left onto W Yulee Dr. Continue on S Cherokee Way
- Direction Faces: East
School Information
- Elementary School: Citrus Springs Elementar
- Middle School: Crystal River Middle School
- High School: Crystal River High School
Community
- Community Name: 34448 - Homosassa
- Community Features: Association Recreation - Owned, Buyer Approval Required, Pool, Restaurant
- Association: Yes
- Assoc. Name: Laura T
- Pet Restrictions: Buyer/Buyer's Agent to verify pet friendly restrictions
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Other
- Water: See Remarks
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Vinyl Siding
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 476
- Sq. Ft. Source: Public Records
- Year Built: 1974
Lot Features
- Lot Size (Acres): 0.01
- Lot Size (Sq. Ft.): 451
- Lot Size: 451
- Street/Road Desc.: Concrete
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: River
- Water Front Desc.: River Front
Financial Considerations
- Association Fee: $544
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $1,489
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: RIVERSIDE VILLAS A CONDOMINIUM UNIT 104 VILLA 1
- Flood Zone Info: AE
- APN: : 17E19S310060 00010 1040
- Property ID: : 17E19S310060 00010 1040
- Block/Lot/Section: 20
Listed by Dalton Wade Inc
Get Pre-Approved Today
Schools
Schools serving 5297 S Cherokee Way #104
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Homosassa Elementary School 10935 West Yulee Drive, Homosassa, FL 34448 | PK-5 | 0.2 mi |
Crystal River High School 3195 Crystal River High Drive, Crystal River, FL 34428 | 8-12 | 8.7 mi |
Crystal River Middle School 344 Northeast Crystal Street, Crystal River, FL 34428 | 6-8 | 8.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5297 S Cherokee Way #104
Date
Details
Price
Change
Source
2/20/2025
Price Reduced
$199,900
-7.02%
MLS
7/13/2024
Price Reduced
$215,000
-10.38%
MLS
3/12/2024
Price Reduced
$239,900
-11.12%
MLS
2/23/2024
Listed
$269,900
24.38%
MLS
6/25/2004
Sold
$217,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5297 S Cherokee Way #104
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,415
23%
$98,986
42%
2024
$1,146
-23%
$69,609
-27%
2023
$1,489
32%
$95,248
47%
2021
$1,129
-18%
$64,854
-32%
2022
$1,374
22%
$95,288
47%
2021
$1,129
-37%
$64,734
-38%
2018
$1,790
1%
$104,282
3%
2017
$1,774
-4%
$100,900
-1%
2016
$1,853
—
$101,900
—
2015
$1,844
4%
$101,900
-2%
2019
$1,780
-6%
$104,282
2%
2014
$1,903
-2%
$101,900
-1%
2013
$1,933
—
$102,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5297 S Cherokee Way #104
5297 S Cherokee Way #104, Homosassa, FL 34448 (MLS# T3505477) is a Single Family property with 1 bedroom and 1 full bathroom. 5297 S Cherokee Way #104 is currently listed for $199,900 and was received on February 23, 2024. Want to learn more about 5297 S Cherokee Way #104? Do you have questions about finding other Single Family real estate for sale in Homosassa? You can browse all Homosassa real estate or contact a Coldwell Banker agent to request more information.

