$137,500
SOLD AUG 5, 2025

5319 Ray Dr Weeki Wachee, FL 34607

3 Beds
2 Baths
1,456 Sq Ft
4,250 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

45% Below List Price

123 Days on Market

Highlights

  • 50 Feet of Riverfront
  • Open Floorplan
  • Deck
  • Water access To Gulf or Ocean
  • Canal View
  • No HOA

About This Home

As of August 2025

Waterfront Fixer-Upper with Direct Gulf Access being sold at land value! Welcome to 5319 Ray Drive, Weeki Wachee, Florida, a one-of-a-kind waterfront property located on a quiet cul-de-sac. This home sits on a canal with direct access to the famous Weeki Wachee River and the Gulf of Mexico, offering the perfect setting for kayaking, fishing, and boating right from your backyard in one of Florida’s most scenic waterfront communities! This unique home features 2 bedrooms/flex room and 1 bath on the main level, plus an upper-level addition with a private 1-bedroom suite, walk-in closet, bath, and kitchenette—perfect for guests or rental potential. A private balcony upstairs offers picturesque views of the water and surrounding nature. The outdoor space is designed for waterfront living, complete with a 50-foot walking seawall, private boat dock, carport, and patio, making it an ideal place to relax and enjoy the serene setting. Prime Location with Direct Gulf Access just minutes from Rogers Park, Pine Island Beach, and Weeki Wachee Springs State Park, home of the world-famous mermaid show. Conveniently close to schools, shopping, restaurants, medical facilities, and major attractions, with an easy commute to Tampa and Orlando. While the home has been affected by hurricane flooding and requires repairs, it presents a rare opportunity to create your dream waterfront retreat. Don’t miss your chance to own a piece of paradise with direct access to the Weeki Wachee River and the Gulf of Mexico!

Last Agent to Sell the Property

Catherine Miller

RE/MAX SUNSET REALTY Brokerage Phone: 727-863-2402 License #3307258 Listed on: 03/08/2025

RE/MAX SUNSET REALTY

Last Buyer's Agent

Steven Dickson Kremer

RUSH PROPERTIES License #3398598

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 4,250 Sq Ft Lot
  • Lot Dimensions are 50x85
  • 50 Feet of Riverfront
  • Property fronts a canal with brackish water
  • Street terminates at a dead end
  • East Facing Home
  • Property is zoned R1A

Parking

  • Carport

Home Design

  • Fixer Upper
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,456 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Canal Views
  • Crawl Space
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Water access To Gulf or Ocean
  • River Access
  • Seawall
  • Deck
  • Patio
  • Private Mailbox

Location

  • Flood Zone Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Weeki Wachee Gardens Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame
  • Fireplace: No
  • Living Area: 1456
  • Lot Size Acres: 0.1
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 2097
  • Lot Size Sq Ft: 4250
  • Directions to Property: From US 19 to West on Osowaw Blvd. to North on Shoal Line Blvd. to West on Alpaca Drive to North on Westwind Street, to West on Ray Drive.
  • Status: Sold
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Bayonet Point
  • Escrow Postal Code: 34667
  • Escrow State: FL
  • Escrow Street Name: State Road 52 Suite 101
  • Escrow Street Number: 7135
  • List Office Head Office Key Nume: 1038358
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 94.44
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 1
  • MFR_InLawSuiteDescription: 1 Bathroom,Attached,Kitchenette,Private Entrance
  • Attribution Contact: 727-863-2402
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan, Walk-In Closet(s)
  • Appliances Included: None
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 5319
  • Living Area Meters: 135.27
  • Room Count: 7

Exterior Features

  • Direction Faces: East
  • Exterior Features: Private Mailbox
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: WEEKI WACHEE RIVER
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Paved
  • Water Access: Gulf/Ocean,River
  • Water Extras: Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 50
  • Additional Water Information: Weeki Wachee River with direct Gulf access.
  • Water Frontage Feet River: 50

Garage/Parking

  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Available, Sewer Connected, Underground Utilities, Water Available
  • Cooling: None, Wall/Window Unit(s)
  • Heating: None
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R1A
  • Parcel Number: R32-222-17-3940-0000-0840
  • Additional Parcels: No
  • Lot Features: FloodZone, Street Dead-End
  • Lot Dimensions: 50x85
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 395

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3919.52
  • Tax Block: 0000
  • Tax Book Number: 6-35
  • Tax Lot: 84

Multi Family

  • Waterfront Features: Canal - Brackish

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2025
Closed on
Aug 5, 2025
Sold by
Niles Jill A
Bought by
Escobar Katia Milagros Cau
Seller's Agent
Catherine Miller
RE/MAX SUNSET REALTY
Buyer's Agent
Steven Dickson Kremer
RUSH PROPERTIES
List Price
$249,900
Sold Price
$137,500
Premium/Discount to List
-$112,400
-44.98%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1627.07%

Purchase Details

Closed on
Dec 4, 2009
Sold by
Bank Of America National Association
Bought by
Niles Wayne and Niles Jill A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2009
Sold by
Grant Charles Leroy
Bought by
Bank Of America National Association

Purchase Details

Closed on
Aug 26, 2005
Sold by
Grant Mark A and Grant Heidi B
Bought by
Grant Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 3, 1999
Sold by
Stokes Wilburn H and Stokes Virginia C
Bought by
Grant Mark A and Grant Heidi B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,450
Interest Rate
6.73%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $180,000 Quaker Title & Escrow Llc
Warranty Deed $180,000 Quaker Title & Escrow Llc
Special Warranty Deed $100,000 Sunbelt Title Agency
Trustee Deed -- None Available
Warranty Deed $40,800 Eagle Title & Abstract Corp
Warranty Deed $62,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $28,792 New Conventional
Previous Owner $75,000 Purchase Money Mortgage
Previous Owner $210,000 Negative Amortization
Previous Owner $150,000 Fannie Mae Freddie Mac
Previous Owner $82,950 New Conventional
Previous Owner $73,450 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Sold $137,500 -23.6% $94 / Sq Ft
08/04/2025 08/04/25 Sold $180,000 0.0% $124 / Sq Ft
08/04/2025 08/04/25 For Sale $180,000 -28.0% $124 / Sq Ft
07/12/2025 07/12/25 Pending -- -- --
07/09/2025 07/09/25 Pending -- -- --
05/22/2025 05/22/25 Price Changed $249,900 0.0% $172 / Sq Ft
05/22/2025 05/22/25 For Sale $249,900 -27.5% $172 / Sq Ft
04/24/2025 04/24/25 Pending -- -- --
03/08/2025 03/08/25 For Sale $344,900 -- $237 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,668 $193,310 -- --
2023 $3,668 $175,736 $0 $0
2022 $3,476 $159,760 $0 $0
2021 $2,458 $156,120 $63,025 $93,095
2020 $2,568 $136,429 $54,838 $81,591
2019 $2,416 $120,030 $42,513 $77,517
2018 $1,758 $114,397 $42,470 $71,927
2017 $2,088 $105,411 $42,088 $63,323
2016 $1,938 $97,420 $0 $0
2015 $1,912 $94,228 $0 $0
2014 $1,897 $94,396 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: W7873054

Stellar MLS

APN: R32-222-17-3940-0000-0840