11922 W Waterway DRIVE, Homosassa, FL, 34448 | $550,000

Embrace the opportunity to design your dream waterfront retreat! This 2-bedroom, 2-bathroom quaint home, sits on a serene 0. 26-acre lot in Riverhaven Village, offering a blank slate to craft a space tailored to your vision. While the home experienced flooding, it has been cleared to reveal a clean slate for renovation, allowing you to add your personal style. There is an additional room that can be used as a 3rd bedroom, office or storage space.
Perfect for boating enthusiasts, the property includes a private dock and 10k lb boat lift. Enjoy a quick boat ride to the gulf or to the breathtaking Homosassa Springs, perfect for manatee watching, kayaking, and paddleboarding adventures.
Host gatherings around the fire pit, relax on the paver patio, or unwind on the screened-in porch, surrounded by the natural beauty of the area’s thriving wildlife.
Community Amenities are optional and include pool, tennis courts, and pickleball, all in a golf-cart-friendly neighborhood with low HOA fees.
Homosassa is a vibrant yet tranquil coastal community, known for its scenic charm and excellent waterfront dining options. This property is situated in a quiet neighborhood with easy access to shopping, schools, and outdoor adventures.
This home’s prime location, coupled with its potential for customization, makes it an incredible investment or dream project for the right buyer. Don’t miss this unique opportunity—schedule your private tour today!

Features

  • Amenities: Pickleball Court(s), Pool
  • Rooms: 3
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 73 x 124
  • Laundry: In Garage
  • Year Built: 1982
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,234
  • Acreage: 0.26
  • Lot Size: 73 x 124
  • Est. Taxes: $6,518
  • HOA Fee: $138 Annually
  • Lot Desc: FloodZone
  • View: Water
  • Elem. School: Homosassa Elementary School
  • Middle School: Crystal River Middle School
  • High School: Crystal River High School
  • Pet Policy: Yes
  • Appliances: Microwave
  • MLS#: TB8327642
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8327642/11922wwaterwaydrive_homosassa_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 12/12/2024 10:47:07 AM)
Listing courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL   Phone: 727-493-1555

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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11922 W Waterway DRIVE, Homosassa, FL, 34448

$550,000

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $440,000 $440,000 $440,000
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 $543 $543 $543
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,854 $2,817 $3,654
Total Monthly Payment $3,489 $3,452 $4,289

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.