Address5296 Tropical Point, WEEKI WACHEE, FL, 34607

• 3 Beds
• 3 Baths
• Residential

• 1,697 SQ FT
• Built in 1976

This property is one of the widest parts of the pristine main Weeki Wachee river with crystal clear water making it a very unique and versatile piece of paradise! It is located on a dead-end street known to the locals as "the island" that adds to the peace and quiet that will not disappoint. Imagine waking up seeing manatees and dolphins gliding through the canal right behind your property. This is the kind of picturesque, tranquil setting that is desired. The property allows you to park your RV for as long as you desire, or explore the potential of short-term rentals, providing a lucrative investment opportunity. The property is zoned R1A, offering versatility in terms of potential development. Whether you envision building a dream to your own specifications, using the lot as a weekend retreat, or constructing your dream home in Weeki Wachee, the possibilities are as vast as the river itself. NOTE: THIS IS AN AS-IS FIXER-UPPER, OR PERHAPS EVEN A TEAR-DOWN AND BUILD NEW. Prior mold was remediated recently, but no drywall or other repairs have been made. Please see mold disclosure in attachments. Just 2 miles to the Gulf of Mexico & approximately 4 miles to the head of the Weeki Wachee Spring State Park. The Weeki Wachee River releases 111 million gallons of spring water a day and is world renown since 1959 for the underwater mermaid show. It's now a destination for kayaks, canoeing, tubing, SUP, boating and scalloping in the beautiful Gulf of Mexico. Rogers Park, Jenkins Creek, Linda Pederson Preserve, Weeki Wachee Preserve, Bayport, and Pine Island are all within a short distance. This area offers many options for dining and entertainment at quaint waterfront restaurants and bars. Only 15 minutes to Spring Hill or Brooksville for shopping, restaurants and movies. ONCE FIXED-UP, THIS HOME IS PERFECT FOR A MAIN RESIDENCE, WEEKEND RETREAT OR VRBO/AIR BNB AS AN INCOME PROPERTY. PROOF OF FUNDS OR PRE-APPROVAL LETTER IS REQUIRED PRIOR TO SCHEDULING A SHOWING. Please send all offers on an AS-IS FARBAR contract. DRASTICALLY IMPROVED PRICING to $635k reflects over 15% lower price than it appraised a little over 1 year ago.