tomo logo

$415,000

Beds
3
Baths
1.5
sq ft
720

5401 Circle Dr, Weeki Wachee, FL 34607

5401 Circle Dr

WEEKI WACHEE, FL 34607

  • 14 days on market
One or more photo(s) has been virtually staged. Riverfront Oasis on Weeki Wachee Springs - TURNKEY VACATION RENTAL OPPORTUNITY! Welcome to The Wet Feet Retreat, a fully remodeled and highly successful vacation rental located on Weeki Wachee River! This charming 3 BEDROOM, 1.5 BATHROOM RIVERFRONT home offers a rare opportunity to own a turnkey property with six years of proven rental history and an impressive 4.9-star rating on VRBO. Step into this meticulously remodeled home, featuring RECESSED LIGHTING, WAINSCOTTING, and VINYL WOOD LAMINATE flooring throughout. The kitchen is a chef's dream with GRANITE COUNTERTOPS, SOLID WOOD CABINETRY, and KitchenAid STAINLESS STEEL APPLIANCES and a kitchen sink window provides tons of natural light. The spacious bedrooms feature custom wainscoting, while the bathrooms combine MODERN FINISHES like granite countertops and bidets. Relax on the massive deck overlooking the river, equipped with a covered outdoor SCREENED GAZEBO, and interactive lighting for enchanting evenings. Enjoy fishing, crabbing, or swimming in the spring-fed, year-round 74°F waters, or launch one of the provided kayaks, stand-up paddleboards, or canoes directly from the dock. There's also a PRIVATE OUTDOOR HEATED SHOWER for rinsing off after a day on the water, a FIRE PIT for cozy nights under the stars, and a ''Wet Feet Wall'' perfect for capturing memorable photos. With two boat ramps within five miles, river and Gulf access couldn't be easier. Other features include, Key West-style bungalow SHED for extra storage or creative use, Multiple workshops with electric for added functionality, Oversized CONCRETE DRIVEWAY with ample parking space, and FLOATING DOCK for water activities. Located just minutes from Rogers Park and the Iconic Weeki Wachee State Park, this property offers a serene escape surrounded by nature. MANATEES are frequent visitors, and the area is perfect for sightseeing, kayaking, fishing, and simply soaking up the charm of ''Old Florida.'' Whether you're seeking a weekend retreat, a primary residence, or an investment property, THE WET FEET RETREAT is a rare find. Some furnishings, water toys, and decor are negotiable, but not all items will convey—it's ready to continue its legacy as a successful vacation rental or become your personal RIVERSIDE PARADISE.

Details

Property type

Single Family Residence

Est. home value

$391,484

Lot size

4,001 sq ft

Price per sq ft

$577

Year built

1963

Annual property taxes

$2,969

HOA

No

Price History

01/17/2025
StellarMLS

StellarMLS #TB8338435

Listed
$415,000
+89.93%
07/27/2018
StellarMLS

StellarMLS #U8006552

Sold
$218,500

Schools & Community

Elementary school: 

Westside Elementary-HN

Middle school: 

Fox Chapel Middle School

High school: 

Weeki Wachee High School

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$168,692
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$213,108
Cash to seller
$168,692

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

August 2021

Original loan amount

$230,000

Est. remaining balance

$213,108

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Tyson Peco and Dana E Peco

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/30/2025 at 10:00 PM

Listing updated: 01/22/2025 at 5:09 PM

Listed by: Summer Philhower, PEOPLE'S TRUST REALTY Phone #: (727) 946-0904

MLS: StellarMLS #TB8338435

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Recently listed in WEEKI WACHEE