One-of-a-Kind Waterfront Micro Resort & Buildable Lot in Weeki Wachee, FL
Welcome to an extraordinary opportunity to own a unique micro resort and boutique motel nestled on Florida's breathtaking Adventure Coast in Weeki Wachee, FL. This is a rare gem that combines unparalleled exclusivity, prime location, and endless potential for expansion or customization.
Property Highlights:
?? Buildable Lot Included! This property comes with an attached buildable lot, offering limitless opportunities for development—whether it’s additional accommodations, private amenities, or your vision of the perfect retreat.
?? Prime Waterfront Location- Perched along the stunning Weeki Wachee River, this boutique motel boasts serene waterfront views, direct water access, and proximity to the world-famous Weeki Wachee Springs State Park, known for its mermaid shows and crystal-clear springs.
?? Investment Goldmine- As the only real estate of its kind in the United States, this micro resort holds significant income potential. The buildable lot adds to its value, allowing you to expand operations or develop a personalized paradise.
?? Resilient & Ready- After experiencing its first storm surge in over 30 years, this property has undergone full remediation and is ready for your creative touch. Key updates include:
Brand New Electrical Wiring (elevated 4 feet above ground), Climate-friendly renovations to ensure long-term sustainability, Solid building structure and unaffected roof
?? Established Business- This beloved tropical 5-suite boutique motel has been a go-to destination for tourists, with a loyal customer base and glowing reviews. It’s a turnkey opportunity to own and operate a thriving business.
?? Convenient Access- Located less than an hour from Tampa International Airport and central to Florida's attractions, this property offers the perfect mix of convenience and seclusion.
A Legacy of Charm and Opportunity. Whether you’re looking to invest, create a family retreat, or expand on its current success, this micro resort promises immediate returns and long-term growth. From family gatherings to celebrations and beyond, this property is the perfect blend of Old Florida charm and modern investment potential.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,595,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,276,000 | $1,276,000 | $1,276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.760% | 6.806% |
Monthly Tax Payment | $386 | $386 | $386 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,382 | $8,170 | $11,203 |
Total Monthly Payment | $8,893 | $8,681 | $11,714 |
* 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.