
5261 CIRCLE DRIVE, WEEKI WACHEE, FL, 34607
Active219 days on marketListed Dec 26, 2025MLS #W7881651
About this home
5261 CIRCLE DRIVE
DOUBLE LOT ON THE BOATING SIDE OF THE WEEKI WACHEE RIVER - WHERE THE VALUE IS IN THE LAND & THE LOCATION IS HARD TO BEAT! While many buyers initially focus on the home, the true opportunity here is the rare DOUBLE LOT offering approximately 100 FT OF GULF-ACCESS WATER FRONTAGE in one of the most desirable locations on the boating side of the Weeki Wachee River. Perfectly positioned on a peaceful canal just off the Main River, you'll enjoy the best of both worlds--quick, easy access to the river and Gulf for boating, scalloping, fishing, kayaking, and everything Florida's Nature Coast has to offer, while coming home to a quieter waterfront setting with less boat traffic. Waterfront properties with this combination of location, lot size, and water frontage are becoming increasingly difficult to find, making the land itself a significant part of this property's value. The existing 4 Bedroom, 4 Bathroom home is an incredible asset, featuring an open floor plan with durable vinyl flooring, a beautifully appointed kitchen with white shaker cabinetry, island/breakfast bar, built-in pantry, stainless steel appliances including double ovens, and a dedicated coffee bar. Every bedroom has its own private bathroom, making the layout ideal for guests, extended family, or continued vacation rental use. The Florida Room with bar overlooks the waterfront, while the screened cabana/gazebo is the perfect place to unwind after a day on the water. Manatees are frequent visitors behind the home, adding to the unforgettable Nature Coast experience. The property has previously operated as a successful vacation rental that sleeps up to 10, providing additional flexibility for buyers seeking personal enjoyment, investment potential, or both. A NEW ROOF WILL BE INSTALLED PRIOR TO CLOSING to help with insurance. Opportunities like this--a DOUBLE LOT, approximately 100 FT OF WATER FRONTAGE, a quiet canal just off the Main River, Gulf access, and a spacious 4 Bedroom, 4 Bathroom home--are becoming increasingly rare on the Weeki Wachee River.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
1,248
Sqft
0.21 ac
Lot size
1972
Year built
One
Levels
$360
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,592 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,592/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs WEEKI WACHEE GARDENS
$360 vs $404
Days on market
219 vs 40 typical
Where $360/sqft sits among the 10 homes for sale in WEEKI WACHEE GARDENS
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Weeki Wachee
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Weeki Wachee. See the full Weeki Wachee guide →
WEEKI WACHEE 34607 — neighborhood snapshot
Population
9,046
Median age
55.7
Median income
$61,221
Median home value
$343,100
Avg household
2.3
Households w/ children
740
For the school run
Hernando County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Weeki Wachee market
$357K → $360K
Weeki Wachee median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
3 of 10
WEEKI WACHEE GARDENS have cut their price
Median sold price, Weeki Wachee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 36% above the WEEKI WACHEE 34607 median. See the full Weeki Wachee market guide →
Paper trail
This home's history
Reality check
What actually sold near 5261 CIRCLE DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$372,300
5430 CIRCLE DRIVE · same community
2 bd · 2 ba · 1,212 sqft · $307/sqft · 28 DOM
Sold · Jun ’26$237,500
Nearby listing · same community
2 bd · 2 ba · 1,384 sqft · $172/sqft · 0 DOM
Sold · Jun ’26$237,500
5400 CIRCLE DRIVE · same community
2 bd · 2 ba · 1,384 sqft · $172/sqft · 511 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 5261 CIRCLE DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5261 CIRCLE DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5261 CIRCLE DRIVE FAQs
What would the monthly payment be for 5261 CIRCLE DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,592/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5261 CIRCLE DRIVE?+
The most recent tax bill on record (2025) was $7,009. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Weeki Wachee?+
At $449,900, this home is listed about 14% above the Weeki Wachee median of $395,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5261 CIRCLE DRIVE?+
Westside Elementary School (elementary), Fox Chapel Middle School (middle), Weeki Wachee High School (high) — Hernando County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$449,900 runs 36% above the WEEKI WACHEE 34607 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
219 days on market against a Weeki Wachee median of 40 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $469,900, now $449,900 — a $20K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX ALLIANCE GROUP · Sharie Oakland. MLS #W7881651.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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