5604 RIVERSIDE DRIVE, YANKEETOWN, FL, 34498
Active173 days on marketListed Feb 1, 2026MLS #A4680688
About this home
5604 RIVERSIDE DRIVE
Instant Equity Opportunity in Yankeetown – Value-Add Investment Rare chance to acquire a full renovation project in one of Florida’s most charming and supply-constrained coastal markets. This property is perfectly positioned for investors seeking strong equity upside, multiple exit strategies, and long-term rental demand. The home features 3 bedrooms, 2 bathrooms, and 1,086 sq ft of living space, situated on a spacious, private lot that enhances both usability and appeal. Built with solid block construction, this property offers a durable foundation for renovation and repositioning. This is a full renovation project , with an after-repair value projected around $265,000, creating a compelling margin for investors. Whether your strategy is to renovate and resell or hold as a cash-flowing rental, this asset checks the right boxes. Yankeetown’s limited inventory, combined with its authentic Old Florida coastal vibe, continues to drive demand from buyers and renters alike. Location is a major highlight—just a short walk to boat ramps, kayaking, fishing, bird watching, and all the natural beauty the area is known for. Convenient access to Crystal River, Inglis, and Dunnellon adds to the property’s appeal for both short- and long-term occupancy. Opportunities like this are increasingly rare in Yankeetown. Bring your vision, execute your plan, and unlock the upside in this value-add investment with clear potential for equity growth and income.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,086
Sqft
0.34 ac
Lot size
1952
Year built
One
Levels
$90
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.
$857 /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
$857/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 Yankeetown actives
$90 vs $244
Days on market
173 vs 67 typical
Where $90/sqft sits among the 7 Yankeetown actives
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 Yankeetown
Get to know Yankeetown. See the full Yankeetown guide →
YANKEETOWN 34498 — neighborhood snapshot
Population
666
Median age
59.8
Median income
$56,875
Median home value
$307,800
Avg household
2.24
Households w/ children
65%
The numbers that matter
The Yankeetown market
$150K → $550K
Yankeetown median sold, yr/yr
90.1%
Sale-to-list ratio (12 mo)
2 of 7
Yankeetown actives have cut their price
Median sold price, Yankeetown, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 77% below the YANKEETOWN 34498 median. See the full Yankeetown market guide →
Paper trail
This home's history
Reality check
What actually sold near 5604 RIVERSIDE DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$500,000
11615 N CARIBEE POINT
2 bd · 3 ba · 1,142 sqft · $438/sqft · 90 DOM
Sold · Mar ’26$180,000
11 62ND STREET
2 bd · 3 ba · 1,155 sqft · $156/sqft · 239 DOM
Sold · Oct ’25$245,000
3931 SE 193RD PLACE
2 bd · 1 ba · 1,008 sqft · $243/sqft · 13 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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5604 RIVERSIDE DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5604 RIVERSIDE DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5604 RIVERSIDE DRIVE FAQs
What would the monthly payment be for 5604 RIVERSIDE DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $857/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 5604 RIVERSIDE DRIVE?+
The most recent tax bill on record (2025) was $925. 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 Yankeetown?+
At $98,000, this home is listed about 73% below the Yankeetown median of $367,500. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Under the YANKEETOWN 34498 market on paper
$98,000 is 77% below the YANKEETOWN 34498 median of $428,000, and at $90/sqft it sits under the Yankeetown average of $242.
02Time on market is leverage
173 days on market against a Yankeetown median of 67 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $104,900, now $98,000 — a $7K cut. The full history is in the market section below.
Listing courtesy of REALTY ONE GROUP MVP · Loukas Masouras. MLS #A4680688.
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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