tomo logo

$250,000

Beds
2
Baths
2.0
sq ft
1,083

6138 Island Dr, Weeki Wachee, FL 34607

6138 Island Dr

WEEKI WACHEE, FL 34607

  • 194 days on market
    • Price drop $165,000↓
Investors, seize this waterfront opportunity in Weeki Wachee! This 2-bed, 2-bath canal-front home, down to the studs after recent storm damage, is a blank canvas for your custom design. Maximize its potential for the lucrative short-term rental market. Weeki Wachee's tourist appeal, thanks to the famous mermaids and outdoor activities, ensures strong rental demand. Imagine the income! Kayaking on the river right from your backyard adds to the appeal. No HOA restrictions give you complete control. Design a stunning vacation rental, build equity, and secure your financial future. Don't miss this chance to own a piece of paradise!

Details

Property type

Single Family Residence

Est. home value

$406,947

Lot size

6,101 sq ft

Price per sq ft

$231

Year built

1983

Annual property taxes

$4,528.75

HOA

No

Price History

02/06/2025
StellarMLS

StellarMLS #T3550430

Price change
$250,000
-39.76%
09/27/2024
StellarMLS

StellarMLS #T3550430

Removed
$415,000
08/21/2024
StellarMLS

StellarMLS #T3550430

Listed
$415,000
+36.07%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$94,560
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$135,440
Cash to seller
$94,560

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

Seller’s Loan History

Lender

Nfm Inc

Loan start date

August 2021

Original loan amount

$147,000

Est. remaining balance

$135,440

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Keopeth Homsombat and Khamphay Siphon

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: 03/03/2025 at 4:50 PM

Listing updated: 02/06/2025 at 3:50 AM

Listed by: Joo Song, REALNET FLORIDA REAL ESTATE Phone #: (813) 288-8000

MLS: StellarMLS #T3550430

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Recently listed in WEEKI WACHEE