7095 Patterson DRIVE, Weeki Wachee, FL, 34607 | $499,900

Investor Special on a Weeki Wachee River Canal and Gulf Access!

Nestled along the tranquil canals of Weeki Wachee Gardens, this Gulf Coast fishing retreat offers an incredible opportunity with two spacious lots and 170 feet of canal frontage. Whether you’re an investor looking for a project or a boater seeking a slice of paradise, this property delivers.

The existing 2-bedroom, 2-bathroom mobile home sustained damage from Hurricane Helene flooding and is being sold As-Is, Where-Is, and How-Is. With an oversized floating dock and one fixed bridge to the Gulf, this is your chance to reimagine the property:

* Fix it up for a charming coastal getaway.
* Start fresh by removing the current structure to build your dream home.
* Divide the lots and create two riverfront residences.

Weeki Wachee Gardens is an idyllic, spring-fed riverfront community in Hernando County, just 60 minutes north of Tampa International Airport. Accessible via the Suncoast Parkway, this Old Florida gem boasts the crystal-clear Weeki Wachee River, famous for its constant 74-degree waters, manatees, and endless recreation, from boating and fishing to snorkeling and scalloping.

Enjoy the serenity of this unique location, offering a blend of natural beauty and Gulf Coast living. Cast your line in your backyard, spot manatees in the canal, or explore the river's spring-fed waters on your way to the Gulf of Mexico.

Key Features:
* Two lots totaling 170 feet of canal frontage
* One fixed bridge to the Gulf of Mexico
* Oversized floating dock for easy water access
* Zoned for versatile redevelopment opportunities

Important Notes:
* Buyers are responsible for all due diligence and inspections.
* No sight unseen offers will be accepted.
* Contracts must not be assignable.
Don’t miss this chance to own an affordable direct Gulf access property in the heart of Weeki Wachee Gardens. Whether you're planning a retreat, a family compound, or an investment project, this is a blank canvas ready for your vision.

Act now and make this your own piece of paradise!

Features

  • Rooms: 3
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Closet
  • Year Built: 1983
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 840
  • Acreage: 0.22
  • Est. Taxes: $3,826
  • Appliances: None
  • MLS#: W7870577
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/W7870577/7095pattersondrive_weekiwachee_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/11/2024 11:45:12 PM)
Listing courtesy of GULF COAST FISHING HOMES RLTY   Phone: 813-394-4356

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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7095 Patterson DRIVE, Weeki Wachee, FL, 34607

$499,900

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,920 $399,920 $399,920
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 $319 $319 $319
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,594 $2,561 $3,321
Total Monthly Payment $2,988 $2,955 $3,715

* 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.