5261 CIRCLE DRIVE, WEEKI WACHEE, FL 34607
Sources: Stellar MLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes
As of September 11, 2026, 5261 Circle Drive in Weeki Wachee Gardens, Weeki Wachee is listed at $439,900 (1,248 sq ft, about $352 per sq ft). That is 56% above Weeki Wachee Gardens's median closed sale of $282,000 over the last 12 months (16 recorded sales). Per square foot it is above the community's recent $298/sq ft by about 18%. It has been 244 days on market, longer than the community's typical 135 days to contract. Listing facts: built in 1972, waterfront, no HOA. The parcel maps to FEMA flood zone AE, a special flood hazard area where lenders generally require flood insurance. Figures are from the MLS record and county data; deemed reliable but not guaranteed.
- No CDD assessment on record
- Built 1972 · 54 yrs
- 1,248 sq ft of living area
- Listed at $439,900 — recent neighborhood median sale price ~$282,000 (nearby sales; deemed reliable, not an appraisal)
- 244 days on market
- HOA ~$50/mo (estimate; confirm)
Pricing & the WEEKI WACHEE GARDENS market
How this home is priced against recent nearby sales, and where WEEKI WACHEE GARDENS has been over 25 years. Momentum Research analysis of Stellar MLS records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.
This home’s $/sq ft vs. nearby sales
List $/sq ft against recent nearby closed sales; the community median is marked.
Price vs. size in WEEKI WACHEE GARDENS
Each dot is a closed sale since 2006 (83 total). This home is the gold marker.
Sale price (y) by living area in sq ft (x). Stellar MLS closed sales.
Median $/sq ft by year
Community sold $/sq ft, 2018–2026. This home lists at $352/sq ft.
Median sale price by year
12-month median closed price, 2018–2026.
Market Heat by year (0–100)
Momentum Market Heat, 2018–2026. Now 44 (normal).
This home’s history
- 1972BuiltPer public record
- Jul 10, 2026First trackedObserved at $449,900
- Sep 7, 2026Price cut$439,900
- NowActiveCurrently for sale
Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.
Estimated monthly payment
- Principal & interest $2,273/mo 77%
- Taxes $385/mo 13%
- Insurance $239/mo 8%
- HOA $50/mo 2%
$2,947/mo at 20% down, 30-yr @ 6.71% · edit any field to update.
Editable estimate — not a loan offer. Estimates only; see data & estimate notes.
Property taxes
✓ Based on certified county tax rollMany first-time Florida buyers are surprised when property taxes jump after closing. This estimate helps you budget before you make an offer.
Most of this comes from Florida’s Save Our Homes assessment cap resetting when the home sells — the current owner’s protected assessment doesn’t transfer to a new buyer.
Adjust for your exemptions, portability, and down payment
A market / assessed / taxable trend chart appears here once the prior-year rolls are ingested.
Sources: Florida DOR certified tax roll (2025), Stellar MLS. County public record, not MLS data — matched to this home by parcel ID. Estimates are not a tax bill.
Momentum Property Score
38/100 is limited across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.
A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.
Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.
The Momentum read
🟢 Buyer-leaning conditions around this listing. 6.9 months of supply in the surrounding market and 244 days on market for this home, against a 135-day area median.Days on market:this home 244Area median: 135 daysWhy it matters: above-median time on market, together with the level of supply, is a clear sign of how much leverage sits with buyers.Momentum Research interpretation of the MLS facts in the snapshot above. Based on Stellar MLS data distributed by MLS GRID for the period 2006 through 2026. As of August 2, 2026.
🟡 Asking $352 per square foot, about 18% above the community’s $298 median. WEEKI WACHEE GARDENS’s 12-month median sold price per square foot is $298. Median sold price per square foot is down 11.9% year over year. Confidence: Medium · 16 closed sales in 12 monthsMLS facts: Stellar MLS closed sales. A per-square-foot gap is context, not an appraisal; condition, lot, and view set the final number here.
21% of homes in WEEKI WACHEE GARDENS are owner-occupied. An estimated 79% are non-owner-occupied, including 9% held in a company or trust and 79% out-of-state owners.Why it matters: a high owner-occupied share typically means fewer rentals nearby and steadier resale demand.Source: Florida Department of Revenue 2025 assessment roll (public records), 56 homes matched. Community-level context.
Recent WEEKI WACHEE GARDENS sales closed near 87.0% of original asking. Cash paid for about 65% of recent closings here.Why it matters: the community’s own record shows how far opening prices typically move, and how often buyers compete without financing.Momentum Research analysis of Stellar MLS records, community-level, 12 months ending August 2, 2026. Aggregates only; deemed reliable but not guaranteed.
What’s unique here: one of only 11 active listings in WEEKI WACHEE GARDENS, no CDD assessment.
Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ
Updated September 11, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
About this home
VACATION, ENTERTAINMENT & INCOME POTENTIAL--JUST A 2-MINUTE BOAT RIDE TO THE BOATING SECTION OF THE WEEKI WACHEE RIVER! Enjoy everything the Weeki Wachee River has to offer without living directly on the busy Main River. This spacious 4 Bedroom, 4 Bathroom waterfront home is tucked along a peaceful canal where you can be on the BOATING SECTION OF THE WEEKI WACHEE RIVER in approximately 2 minutes by boat, then return home to a quieter setting with less boat traffic.
Manatees frequently visit this area, often seeking the calmer waters away from the activity of the Main River, creating unforgettable Nature Coast moments right behind the home. Situated on a rare DOUBLE LOT with approximately 100 FT. OF GULF-ACCESS WATER FRONTAGE, this property offers exceptional value for buyers seeking a Florida vacation retreat they can personally enjoy while continuing to use it as a vacation rental when they are away.
Previously operated as a successful vacation rental accommodating up to 10 guests, the home is designed for entertaining with an Open Floor Plan, generous gathering spaces & the added privacy of a bathroom for every bedroom--ideal for hosting friends, extended family or rental guests. The beautifully appointed Kitchen features White Shaker Cabinetry, an Island/Breakfast Bar, Built-In Pantry, Stainless Steel Appliances with Double Ovens & a Dedicated Coffee Bar. After a day of boating, kayaking, fishing or scalloping, gather in the Waterfront Florida Room with Bar or relax in the Screened Cabana/Gazebo overlooking the tranquil canal.
Whether you are searching for a spacious vacation home, an entertaining retreat, continued rental potential or valuable waterfront property, this home delivers an outstanding combination of location, flexibility & opportunity. A NEW ROOF WILL BE INSTALLED PRIOR TO CLOSING to assist with insurability. With a DOUBLE LOT, approximately 100 FT.
OF WATER FRONTAGE, accommodations for up to 10 guests, Gulf access & the BOATING SECTION OF THE WEEKI WACHEE RIVER only approximately 2 minutes away by boat, this is an incredible value that is becoming increasingly difficult to find.
Description provided by RE/MAX ALLIANCE GROUP and reproduced from the MLS; not independently verified.
Every fact, sourced
Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.
Listing facts MLS
Public records & third-party data
Calculated estimates
Buyer should verify Buyer verify
Provided via the Stellar MLS Internet Data Exchange, as distributed by MLS GRID · Listings courtesy of Stellar MLS as distributed by MLS GRID · Listings courtesy of Stellar MLS as distributed by MLS GRID. · deemed reliable but not guaranteedIDX 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 by the MLS to be accurate.The Messtimate
This is a deliberately dumb estimate — living area times a range of recent neighborhood $/sq ft, and nothing else. It is not an appraisal, not market value, and not a valuation of this home. Even a tight range from comparable sales can’t price a specific home — here’s why.
Actual list price: $439,900 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.
A 27% spread on the same house — and that gap is exactly what an automated guess can't see:
- Condition & updates — a 1972 home may have had its roof, kitchen, or HVAC replaced since, or not; sq ft can't see either.
- The lot — this listing is waterfront; water frontage is priced far off a per-sq-ft average of the neighborhood.
- Outliers skew it — one flip or distressed sale in the comps drags the whole $/sq ft up or down.
- Carrying costs & concessions — CDD, HOA, insurance, and seller-paid buydowns change what a buyer actually pays.
And here's what the live market is doing — which the number above ignores entirely:
- This home: 244 days on market vs. a 135-day community median
- 13 active listings competing, 1 under contract
- ≈6.9 months of supply
- 17 closed here in the last 12 months
For reference, this home is listed at $439,900 ($352/sq ft) — a number set with analysis a Messtimate can't do.
Selling your own home? Try the Messtimate on your address →
Methodology: 1,248 sq ft × $262–$334/sq ft from recent nearby closed sales (public records). Estimate for general information only; not an appraisal, valuation, or offer. Updated September 11, 2026.
Similar homes for sale near WEEKI WACHEE GARDENS
Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.
Price & listing history
Building permits
Flood zone & elevation
Sourced environmental data for the parcel. Confirm with FEMA and your insurer.
From the FEMA flood map. Lender-required flood insurance may apply; confirm for the parcel.
Approximate parcel elevation from USGS; confirm exact elevation with a survey.
This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.
Internet & broadband
AT&T Fiber covers much of NE Florida; confirm availability at the address.
Xfinity/Spectrum cable broadband is widely available.
T-Mobile / Verizon fixed-wireless as a backup option.
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Listed by RE/MAX ALLIANCE GROUP · MLS # W7881651
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Recent sales activity in WEEKI WACHEE GARDENS
Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the WEEKI WACHEE GARDENS neighborhood guide for more.
Recent nearby closings in the data set.
Canonical 12-month median closed price. Reference only.
Canonical 12-month median $/sq ft. Reference only.
Go deeper on WEEKI WACHEE GARDENS
See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.
Assigned schools
Schools currently assigned to this address in Hernando County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.
Assigned schools per the MLS listing — assignments can change; confirm current zoning with the district. Browse school-zone pages →
Comparable recent sales
Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.
Community 12-month median: $298/sq ft. Shown for general reference only — this is not an appraisal or a statement of this home's value. Sold prices are public record and deemed reliable but not guaranteed.
Investment snapshot
Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.
Buyer research checklist
Items worth confirming for 5261 Circle Drive, chosen from what the record shows. This is general guidance, not advice about this specific property.
- Built in 1972 (54 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
- The listing reports no HOA: confirm with the county record that no deed restrictions or mandatory association apply to this parcel.
- FEMA flood zone AE: lenders generally require flood insurance here — get an elevation certificate and a flood quote before the inspection period ends.
- Get a homeowners insurance quote for this specific address in Hernando County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
- Waterfront: confirm seawall or dock condition and permits, and ask who owns and maintains the shoreline.
- Listed living area is 1,248 sq ft: verify it against the property appraiser's record and measure before relying on it.
- Order a survey to confirm lot boundaries and easements.
- Review permit history with the county.
- Property taxes: the estimate on this page (about $4,619/yr) assumes reassessment at the list price; the seller's homestead cap does not transfer, so their current bill is not a guide.
- School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Approximate distances
Approximate drive times for general reference only.
Groceries, dining, and parks for this city — see the city guide.
Schools, taxes, and services are county-administered — see the county guide.
View →Amenities and HOA/CDD detail on the neighborhood guide.
View →Data sources & freshness
| Listing record | Stellar MLS, refreshed twice daily (last: September 11, 2026) |
| Community market stats | Stellar MLS closed sales, as of August 2, 2026 |
| Flood zone & elevation | FEMA flood maps + USGS elevation (Zone AE shown above) |
| Taxes & monthly cost | Estimated from county rates; not a quote |
| Insurance figure | Modeled estimate; obtain a real quote before offering |
| Schools | 2025-26 district assignments; verify with the district |
Momentum Research lines are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.
Frequently asked questions
How big is 5261 Circle Drive and when was it built?
Per the listing record, 5261 Circle Drive was built in 1972 and has 1,248 sq ft of living area, 4 bedrooms and 3.0 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.
What community is 5261 Circle Drive in?
5261 Circle Drive is in Weeki Wachee Gardens in Weeki Wachee, Hernando County. The community section on this page shows recent closed sales, days on market, and active inventory for Weeki Wachee Gardens from the same MLS data.
Does 5261 Circle Drive have an HOA?
The listing reports no HOA. Confirm with the county record that no deed restrictions or mandatory association apply to the parcel.
Why might property taxes on 5261 Circle Drive differ from the current owner's?
The estimate on this page (about $4,619 per year) assumes reassessment at the list price. Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment resets after a sale, so a new owner's bill may differ from the seller's. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.
Is 5261 Circle Drive in a flood zone?
The FEMA flood map places this parcel in Zone AE, a special flood hazard area where lenders generally require flood insurance on a mortgaged purchase. Confirm the parcel's status with FEMA and your insurer, and ask for an elevation certificate.
Can I rely on the figures on this page?
No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.
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Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.
Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.
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No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.
MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Stellar MLS Internet Data Exchange, as distributed by MLS GRID. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. 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. Source: Stellar MLS, as distributed by MLS GRID. Listings courtesy of Stellar MLS as distributed by MLS GRID. All rights reserved.
Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.