5509 S Island DRIVE, Homosassa, FL, 34448 | $955,000

Nestled along the serene riverfront in Old Homosassa, this unique home offers a truly one-of-a-kind living experience, set on two expansive riverfront lots. The standout feature of this charming property is its striking dodecagonal (12-sided) sunroom, designed to capture breathtaking views of the river from every angle. The sunroom bathes the home in natural light, providing the perfect space to relax or entertain while watching the wildlife and boats drift by. With 3 cozy bedrooms and 2 well-appointed bathrooms, this home combines comfort and functionality with its spacious layout. The open-concept living and dining areas flow seamlessly, creating a perfect setting for both intimate gatherings and larger get-togethers. Carpeted floors, franklin style fireplace in the center of the room, large sliding doors and windows, and thoughtfully chosen wood finishes enhance the home's warmth and character. Outside, the expansive lot offers plenty of room to explore, with direct river access for kayaking, fishing, or simply enjoying the tranquil waterside setting. Mature trees and landscaping provide privacy, while the outdoor living spaces invite you to embrace the Florida lifestyle. This is more than just a home; it’s a peaceful retreat where nature and architecture come together in harmony. Whether you're seeking a permanent residence or a seasonal getaway, this riverfront gem in Homosassa is truly special.
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Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 74 x 105
  • Laundry: Laundry Closet
  • Year Built: 1975
  • Garage: Circular Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,424
  • Acreage: 0.49
  • Lot Size: 74 x 105
  • Est. Taxes: $4,413
  • View: Water
  • Elem. School: Homosassa Elementary School
  • Middle School: Crystal River Middle School
  • High School: Crystal River High School
  • Appliances: Built-In Oven, Cooktop, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • MLS#: OM693883
  • Days on Market: 42 days
  • Website: https://www.raveis.com
    /eprop/OM693883/5509sislanddrive_homosassa_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 4/8/2025 11:32:13 PM)

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Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69957

914.260.5535

Mace.Rattet@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Francine SilbermanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69244

914.260.2006

Francine.Silberman@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Michael AlvordInsurance Sales Director, William Raveis Insurance

203.925.4507

Michael.Alvord@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5509 S Island DRIVE, Homosassa, FL, 34448

$955,000

Laurie E. Shiff

Sales Associate

William Raveis Real Estate

Phone: 203.912.4014

Laurie.Shiff@raveis.com

Mace L. Rattet

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.5535

Mace.Rattet@raveis.com

NMLS Mortgage Loan Originator ID 69957

Francine Silberman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.2006

Francine.Silberman@raveis.com

NMLS Mortgage Loan Originator ID 69244

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $764,000 $764,000 $764,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.375% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861% 6.511% 6.415%
Monthly Tax Payment $368 $368 $368
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,642 $4,766 $6,551
Total Monthly Payment $5,102 $5,226 $7,011

* 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.