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5261 CIRCLE DRIVE

House For Sale
$449,900

BTC: 7.02968750

ETH: 249.94444444

-$20K (2026/04/09)
159 days
Waterfront
4 bds
2 ba
1,248 sqft

Overview

WEEKI WACHEE WATERFRONT AIRBNB - GULF ACCESS + MERMAID MAGIC + MANATEES! Welcome to the world-famous Weeki Wachee area—home of the legendary mermaids, crystal-clear springs, and one of Florida's most in-demand vacation destinations. This is a currently operating Airbnb that sleeps 10 and has been renting for approximately 350/night, making it an exciting opportunity for investors or anyone wanting a flexible second home with income potential. Situated on a DOUBLE LOT with an impressive 100 FT of WATER FRONTAGE, this waterfront retreat includes a seawall and a prime boating location on the boating section west of the bridge. The canal runs directly to the Main River with Gulf Access, so days on the water are effortless. And the best part? Manatees are common visitors behind the home, adding a true ''only in Florida'' experience guests love. Inside, enjoy an open floor plan with durable vinyl flooring and a kitchen designed for entertaining: island/breakfast bar with pendant lights, white shaker cabinets, built-in pantry, and stainless steel appliances including a double oven, plus a dedicated coffee bar. Practical extras include a stackable washer & dryer—ideal for rental turnover. The layout is a standout with 4 Bedrooms and 4 Bathrooms—EVERY bedroom has its own bathroom (a rare and highly desirable setup for short-term rentals and guests). Unwind in the Florida Room with a bar overlooking the waterfront, or take the party outside to the screened cabana/gazebo—perfect for relaxing evenings after kayaking, boating, or a spring day in mermaid country. NEW ROOF prior to closing to help get a good insurance quote. A Weeki Wachee Gulf-access waterfront income producer with manatees, a bar room on the water, and a 4/4 ensuite layout—this one is special.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1972
Lot:
0.21 Acres
Heating:
Central / Electric
Price/sqft:
$360
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$209,950
$129K – $310K
Confidence Low
List vs. estimate
$239K above estimate
List $449,900 · +114.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$360
+77.3% vs. city median $203
Based on
20 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,009
2025
View
Water
Waterfront
Canal - Freshwater
Furnished
Negotiable
All facts and features
  • Flooring

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Split Bedroom

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.21 Acres

    Other Property Information

    • Parcel Number: R3222217395000001870

    • Zoning: R1A

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

  • Other financial information

    • Annual tax amount: $7,009

  • Source details

    • MLS ID: W7881651

    Other facts

    • Construction Materials: Vinyl Siding / Wood Frame

    • Foundation Details: Crawlspace / Slab

    • Laundry Features: Inside

    • Lot Features: Oversized Lot

    • Direction Faces: South

    • Other Structures: Gazebo

    • Architectural Style: Ranch

    • Waterfront: Yes

    • Water Body Name: WEEKI WACHEE RIVER & GULF

    • Living Area: 1248

    • Water Source: Public

    • Subdivision Name: WEEKI WACHEE GARDENS

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX ALLIANCE GROUP