For sale Condo

Listed Feb 23, 2024

$179,900 Est. $1,190/mo

5297 South Cherokee Way 104

  • 1

    Beds

  • 1

    Baths

  • 476

    Sq ft

The story

  • Waterfront

Owner 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 living features for up to 3 months. This 1 Bedroom, 1 Bathroom: Your cozy retreat awaits, 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! Visit https://www.floridacrackerriversideresort.com/

Facts & features

Home type

Condo

Year built

1974

Floors

1

Price per sq ft

$378

HOA

$544 / quarterly

Included features

  • Cooling

    Central Air, Electric

  • Heating

    Central, Electric

  • Appliances

    Electric Oven, Refrigerator

  • Flooring

    Laminate, Wood

  • Roof

    Shingle

  • Water Source

    Shared Well

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$1,190 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $958
  • Property tax $180
  • Insurance $52

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Dalton Wade Inc

Broker Name

Dalton Wade Inc

Agent

Sharon Gallo