Condo - Hotel at 5297 S CHEROKEE WAY #104, HOMOSASSA
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27 photos

$179,900

5297 S CHEROKEE WAY #104
HOMOSASSA, FL 34448
Listed by Sharon Gallo · DALTON WADE INC
Bedrooms
1
Bathrooms
1
Living area
476 sqft
Year built
1974

About this home

Seller 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 with living features for up to 3 months. This 1 Bedroom, 1 Bathroom is your cozy retreat , 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!

Highlights

Waterfront

Property details

MLS
Stellar MLS
MLS #
MFRT3505477
Property type
Condo - Hotel
Subdivision
RIVERSIDE VILLA
Status
Active
Days on market
864
On market date
February 23, 2024
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.01 acres
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
HOMOSASSA ELEMENTARY SCHOOL
0.18 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
392
Student:teacher ratio
15.7:1
District
CITRUS
Middle
LECANTO MIDDLE SCHOOL
7.79 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
810
Student:teacher ratio
16.5:1
District
CITRUS
High
PACE CENTER FOR GIRLS
7.64 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
41
Student:teacher ratio
13.7:1
District
CITRUS

Walkability

Blended score for HOMOSASSA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

23
Car-dependent
out of 100
EPA National Walkability Index
7.5 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in HOMOSASSA, from live MLS data.

On the market 864 days -- 756 more days than HOMOSASSA's current average of 108 days.
For reference, the median list price across 481 active listings in HOMOSASSA right now is $239,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$1,233/mo
$35,980 down
$143,920 loan
Principal & interest$933
Property tax (est.)$150
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 6, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.