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5261 CIRCLE DRIVE

House For Sale
$449,900

BTC: 7.51813108

ETH: 282.12379836

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

Overview

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.

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
+77.8% vs. city median $202
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
Talk to the advisor on this listing.
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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