5318 Ray DRIVE, Weeki Wachee, FL, 34607 | $398,000

It's not just four walls and a roof - it's a little slice of waterfront paradise, and it's waiting for you! This adorable riverside retreat is uniquely positioned on a cul-de-sac road with direct access to both the Weeki Wachee River and the Gulf of Mexico. Experience the best of the Adventure Coast with water-centric activities right at your doorstep, from kayaking along the river to boating adventures on the open water! Built in 1969, it's been painstakingly maintained and thoroughly upgraded (including a reroof in 2014). Inside, you'll discover a thoughtfully designed open floor plan that blends modern comfort with timeless charm. Brand-new engineered hardwood flooring lends an air of sophistication and style. A light and bright galley-style kitchen showcases stone-look laminate counters, complemented by two pass-through windows connecting to the expansive great room. The dining room is modest, yet inviting; it features double glass doors leading to the open patio, a perfect vantage point for taking in the panoramic views with your morning coffee or evening meal. The primary bedroom offers a private ensuite bathroom, while the guest bedroom impresses with a spacious closet spanning an entire wall. And you don't have to worry about anyone tromping through the bedroom to get to the bathroom - there's a convenient half bathroom off the main living area so that your privacy remains intact. Outdoors, the covered side porch extends to a large storage shed with both water and power. Along with the washer and dryer hookup, it has a full-size shower so that you can rinse off from the day's adventures before you head inside to relax; this could also be primo workshop space for the avid crafter or tinkerer! Beautiful brick pavers line the open patio, which provides an idyllic spot for soaking up the Florida sunshine whilst enjoying the water views. The seawall helps protect the property from storm surge, and you can store your small watercraft on your private floating dock when you're not paddling the river. Not only does this neighborhood have no HOA, you're literally a stone's throw away from Roger's Park, a popular swimming destination with a public boat ramp, canoe launch, picnic shelters, playground, and a volleyball court. Other parks, like Pine Island and Historic Bayport Park, are less than 15 minutes away. Explore waterslides, wildlife, and even mermaids at nearby Weeki Wachee Springs State Park. Some of the best locally-owned restaurants, like Silver Dolphin, Brian's Place, and the Hernando Beach Tropical Grille are less than 5 miles south. There are tons of other dining and shopping options on US-19, which also offers easy access to Homosassa, Hudson, Tarpon Springs, and Clearwater. If you're waiting for an engraved invitation to live the waterfront life of your dreams - this is it!

Features

  • Rooms: 3
  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Style: Ranch
  • Year Built: 1969
  • Garage: Driveway
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 936
  • Acreage: 0.1
  • Est. Taxes: $2,647
  • Lot Desc: Landscaped, Street Dead-End
  • View: Water
  • Elem. School: Westside Elementary-HN
  • Middle School: Fox Chapel Middle School
  • High School: Weeki Wachee High School
  • Pet Policy: Yes
  • Appliances: Range, Refrigerator
  • MLS#: W7859699
  • Days on Market: 135 days
  • Website: https://www.raveis.com
    /prop/W7859699/5318raydrive_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 6/8/2024 6:47:07 PM)
Listing courtesy of RE/MAX MARKETING SPECIALISTS   Phone: 352-686-0540

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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5318 Ray DRIVE, Weeki Wachee, FL, 34607

$398,000

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 $318,400 $318,400 $318,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.984% 7.146% 6.256%
Monthly Tax Payment $221 $221 $221
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,118 $2,116 $2,685
Total Monthly Payment $2,414 $2,412 $2,981

* 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.