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5350 Felker Dr, Weeki Wachee, FL, 34607

$560/sqft·Oakleys Mud River Sub Unrec

2 bd1 ba1,160 sqft1 car garageSingle Family
Listed by FLORIDA CRACKER PROPERTIES· Last updated · MLS# W7888686

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

Est. monthly payment
$3,820/mo
Down payment (20%)
$130,000
Property taxes
$84/mo
HOA
$250/yr
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1993
Waterfront
River Front
1 car garage
Driveway
9,975 sqft lot
Lot size
1,160 sqft
Living area

About this home

Built-in FeaturesCeiling Fans(s)High CeilingsLiving Room/Dining Room ComboOpen FloorplanFrench DoorsLightingDishwasher

5350 Felker Dr is a 1993-built home in Oakleys Mud River Sub Unrec, Weeki Wachee. Inside you'll find 2 bedrooms, 1 bathrooms, and 1,160 square feet of living space. Listed at $650,000 (about $560/sqft), 2 days on market. Flood zone AE - confirm flood insurance requirements with your lender. HOA runs $250 annually.

From the listing

Homes on Oakley Island rarely come to market, making this well-kept 2-bedroom, 1-bath silt waterfront home a special opportunity to own a piece of this tucked-away riverfront community. Set directly on the Mud River, the home offers a peaceful connection to nature with water views, mature native palms, and the unmistakable feeling of being somewhere truly removed from the ordinary. The single owner home is comfortable and lovingly maintained, with beautiful wood floors and a layout ready to enjoy now. The screened back porch is the true heart of the home—a wonderful place to linger over coffee, unwind at the end of the day, or simply take in the ever-changing views of the river and surrounding natural landscape. Waterfront living continues outside, with a concrete seawall, private 16' x 5' dock, and the unique advantage of the river along the rear of the property and a canal bordering the side. Whether you're launching a kayak, fishing, watching wildlife, or simply enjoying the quiet rhythm of the water, the setting is what makes this property extraordinary. Oakley Island is governed by an HOA that does not allow short-term rentals, helping preserve the quiet, residential character of the community. Here, the appeal isn't about turning a property into an investment—it's about owning a home in a special place and enjoying the privacy, nature, and waterfront lifestyle that make Oakley Island so desirable. Call today to schedule a private showing!

The essentials

Built
1993
Price / sqft
$560
On market
23 days
Annual tax
$1,012
HOA
$250/yr
Flood zone
AE
Lot
9,975 sqft
Type
Single Family Residence

Location

5350 Felker Dr
Weeki Wachee, FL, 34607·34607 - Spring Hl/Brksville/WeekiWachee/Hernando Bch
Type
Single Family Residence
Year Built
1993
Lot
9,975 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Driveway
Waterfront
River Front
Days on Market
23
Built-in Features
Ceiling Fans(s)
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
French Doors
Lighting
Dishwasher
Microwave
Range
Refrigerator

Elementary

Westside Elementary-HN

Middle

Fox Chapel Middle School

High

Weeki Wachee High School

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on fileFlood Zone AE

Annual Tax (2025)

$1,012

Parcel #

R29-222-17-2805-0000-0115

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Oakleys Mud River Sub Unrec

County

Hernando

MLS Area

34607 - Spring Hl/Brksville/WeekiWachee/Hernando Bch

Lot Size

9,975 sqft

Corner LotFloodZoneLandscapedLevelOversized LotPrivate
HOA
$250/yr
Luke Johns
Date
Event
Price
8/19/2026
Listed for sale
Source: Stellar MLS #W7888686
$650,000
$560/sqft
Est. monthly payment$3,820/mo
Principal & interest$3,390
Property taxes$84
Insurance$325
HOA$21
Down payment20% · $130,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $650,000
$630,000 – $650,000
97.1% – 100% of listTops out right at the list price
80% of listList price
43 of the last 85 home closings in 34607 landed at this number or higher (51%). The median one sat 86 days before it went under contract, and this one is on day 23.

Sample: 85 closed home sales in 34607 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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