5261 CIRCLE DRIVE, Weeki Wachee, FL, 34607 | $449,900

Under contract-accepting backup offers. WEEKI WACHEE GULF-ACCESS WATERFRONT ON THE BOATING SIDE OF THE RIVER — DOUBLE LOT & LISTED BELOW COUNTY MARKET VALUE! This is the Weeki Wachee opportunity buyers look for — located on the boating side of the river with direct access out to the Gulf for scalloping, boating, fishing, kayaking & enjoying the Nature Coast lifestyle. Tucked away on a peaceful canal just off the Main River, this waterfront retreat gives you the best of both worlds: quick access to the action of the river, yet a calmer setting to relax at home. Situated on a DOUBLE LOT with approximately 100 FT of WATER FRONTAGE, seawall, room for parking, and plenty of outdoor space, this property offers value that is hard to find — especially with the list price BELOW County Market Value. Currently operating as an Airbnb that sleeps 10 and has rented for approximately $350/night, this home is an exciting option for investors, second-home buyers, or anyone looking for a flexible waterfront getaway with income potential. Inside, enjoy an open floor plan with durable vinyl flooring and a kitchen designed for entertaining, featuring an island/breakfast bar with pendant lights, white shaker cabinets, built-in pantry, stainless steel appliances including a double oven, and a dedicated coffee bar. The layout is a major highlight with 4 Bedrooms and 4 Bathrooms — every bedroom has its own bathroom, making it ideal for guests, rentals, and privacy. The Florida Room with bar overlooks the waterfront, and the screened cabana/gazebo is perfect for relaxing after a day on the boat, scalloping in the Gulf, fishing, kayaking, or enjoying the crystal-clear Weeki Wachee area. Manatees are also common visitors behind the home, creating that true “only in Florida” experience guests love. NEW ROOF prior to closing to help with insurance. A Gulf-access Weeki Wachee waterfront property on the boating side, tucked on a quiet canal, set on a double lot, priced below County Market Value, and offering a rare 4 bedroom/4 bathroom setup — this one is a deal.

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 2 full / 2 half
  • Laundry: Inside
  • Style: Ranch
  • Year Built: 1972
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,248
  • Acreage: 0.21
  • Est. Taxes: $7,009
  • Lot Desc: Oversized Lot
  • View: Water
  • Water Front: Yes
  • Elem. School: Winding Waters K8
  • Middle School: Winding Waters K-8
  • High School: Weeki Wachee High School
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: W7881651
  • Days on Market: 182 days
  • Website: https://www.raveis.com
    /prop/W7881651/5261circledrive_weekiwachee_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 7/5/2026 7:47:08 AM)

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5261 CIRCLE DRIVE, Weeki Wachee, FL, 34607

$449,900

James Millington - The Millington Team

Sales Associate

William Raveis Real Estate

Phone: 203.258.1049

James.Millington@raveis.com

Jorge L Rivera

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.913.1633

Jorge.Rivera@Raveis.com

NMLS Mortgage Loan Originator ID 12303

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $359,920 $359,920 $359,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.615% 5.952%
Monthly Tax Payment $584 $584 $584
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,156 $2,273 $2,989
Total Monthly Payment $2,815 $2,932 $3,648

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.