Welcome to the serene Weeki Wachee River Canal Retreat! Embrace the enchanting lifestyle offered by the Weeki Wachee River in this interesting Weeki Wachee River Canal Lot with 1-bedroom, 1-bath “small home”…. . OK… it is actually a metal shed … lol…. that gives the new owner tons of options because it is on a 50 x 80 parcel along a picturesque Weeki Wachee river canal. Use this parcel as a fishing camp, place to park your RV, build a home, Short Term Rental or something else … The possibilities are endless.
Step outside your door, and a spring water canal awaits, guiding you to the renowned Weeki Wachee River. Embark on a journey to explore the wonders of Weeki Wachee Springs State Park or set sail downriver to the Gulf of Mexico. Immerse yourself in the magic of daily life as manatees and dolphins gracefully navigate the canal right behind your home, creating a truly unique and awe-inspiring experience.
Rest easy knowing that this home weathered the storm during Hurricane Idelia, standing resilient in the face of nature's challenges. Beyond its natural allure, this property presents a lucrative investment opportunity. With Weeki Wachee's reported 90% occupancy rate for short-term rentals, you have the chance to turn this retreat into a prime income-generating asset.
Freedom reigns supreme here, as there are no HOA restrictions, and short-term rentals are welcomed. Take control of your investment, shaping it to your vision without limitations. For those seeking even more space and potential, the adjacent 50x80 Weeki Wachee river canal 3 bedroom and 2 bath move in ready mobile is also available for separate purchase from the same owner.
This is more than a small home or lot; it's an extraordinary opportunity to own a piece of the Weeki Wachee riverfront lifestyle. Whether you envision it as your personal sanctuary, a full-time residence, or a savvy short-term rental investment, this retreat promises not just a property but a gateway to the unparalleled wonders of Weeki Wachee. Seize the chance to make this haven your own and embrace the magic of the Weeki Wachee River Canal Retreat!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $180,000 | $180,000 | $180,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,094 | $1,094 | $1,422 |
Total Monthly Payment | $1,169 | $1,169 | $1,497 |
* 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.