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About This Home

This 1-bedroom, 1-bathroom condo at 5297 S Cherokee Way in Homosassa, FL is listed for $199,900 ($420 per sqft). Built in 1974, the home offers 476 sqft of living space on a N/A lot.

Agent Description

Owner 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 living features for up to 3 months.

This 1 Bedroom, 1 Bathroom: Your cozy retreat awaits, 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! Visit

Key Features

  • Built in 1974
  • Waterfront

Property Details

1 story
1 full
#104
1974

Amenities

WaterfrontA/C

Monthly Cost Estimate

$1,613/mo

20% down · 6.5% · 30 years

Principal$145
Interest$866
Insurance$58
HOA$544

Estimates only. Actual payments may vary.

Location

5297 S Cherokee Way

Homosassa, FL 34448

Riverside Unrecorded

Features & Amenities

Interior Features

Ceiling Fan(s)

Property Details

Flooring

WoodLaminate

Construction

Vinyl Siding

Parking

Assigned

Heating

Electric (Heating)Central

Cooling

ElectricCentral Air

Appliances

Electric OvenRefrigerator

Questions & Answers

This 1-bedroom, 1-bathroom condo at 5297 S Cherokee Way is listed at $199,900 ($420/sqft). The estimated monthly payment is $1,410 based on 20% down at 6.5% interest.

HOA fees are $544/month.

Key features include: Built in 1974, Waterfront. Interior Features: Ceiling Fan(s).

This property is listed by Sharon Gallo and can be reached at 3527257200 or sharonsellsfloridahomes@gmail.com.

SG

Sharon Gallo

Agent at Dalton Wade Inc

(352) 725-7200

Listed by Dalton Wade Inc · View on Broker Site

MLS# 2236872· Source: listhub· Updated 829 days ago

Copyright © 2026 Hernando County Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5297 S Cherokee Way, Homosassa, FL 34448

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