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7259 Tropical DRIVE, Weeki Wachee, FL, 34607 | $445,000
Seize the extraordinary opportunity to own 50 feet of prime riverfront on the unparalleled beauty of the Weeki Wachee River. Nestled along the 7. 5-mile crystal-clear stretch, this property boasts a rare blend of natural wonders and Florida history. The Weeki Wachee River, fed by the legendary Weeki Wachee Springs, maintains a constant 74-degree temperature year-round, creating an idyllic haven for water enthusiasts.
Weeki Wachee Springs, a historic roadside attraction since the 1940s, is renowned for its live mermaid shows, adding a touch of magic to this already enchanting location. The springs complex contributes over 112 million gallons of water daily to the river's flow, ensuring a continuous spectacle of pristine waters. Multiple smaller springs further enhance the river's allure as it meanders through a state park to its conclusion at the Mud River, ultimately flowing into the Gulf of Mexico at Bayport.
This property is not only a potential future home site but also a sanctuary for RV enthusiasts seeking an immersive experience amid the Weeki Wachee's breathtaking surroundings. An adjacent parcel, also available for purchase, provides the option to expand your riverfront domain to an impressive 104 feet.
Unlike restrictive properties, this lot is free from HOA constraints, allowing for versatile use and short-term rentals. Navigate the waterways seamlessly, with direct access to the Gulf of Mexico and no fixed bridges hindering your aquatic adventures. Witness the graceful movements of manatees and dolphins right from your property and indulge in diverse freshwater and saltwater fishing experiences. A small shed on the property is included with the sale.
Zoned R3 and generously sized offering ample space for crafting a future dream home. Discover Weeki Wachee Gardens, a spring-fed riverfront community in Hernando County, just 60 minutes north of Tampa International Airport via the Suncoast Parkway. Embrace the essence of old Florida in this secluded haven, a timeless retreat off US 19 and SR 50 that transports you miles away and years back in time.
Features
- Lot Size: 50 x 77
- MLS#: W7860580
- Days on Market: 248 days
- Website: https://www.raveis.com
/prop/W7860580/7259tropicaldrive_weekiwachee_fl?source=qrflyer
Listing courtesy of GULF COAST FISHING HOMES RLTY Phone: 813-394-4356
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
7259 Tropical DRIVE, Weeki Wachee, FL, 34607
$445,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $356,000 | $356,000 | $356,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,309 | $2,280 | $2,956 |
| Total Monthly Payment | $2,384 | $2,355 | $3,031 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388