
5304 S JAMES TERRACE, HOMOSASSA, FL, 34448
Active28 days on marketListed Jul 6, 2026MLS #OM727355
About this home
5304 S JAMES TERRACE
Experience the best of Florida living on nearly 2/3 of an acre with your own private backyard oasis! Nestled on an oversized 0.665-acre homesite spanning three lots in the heart of Old Homosassa, this beautifully maintained pool home offers exceptional privacy, abundant outdoor space, and countless updates throughout. Inside, you'll discover a bright, open floor plan featuring spacious living and dining areas centered around a cozy wood-burning fireplace. The home has been thoughtfully updated and upgraded throughout, offering the perfect blend of timeless charm and modern convenience. The beautifully updated kitchen provides ample cabinetry, generous counter space, and an ideal layout for both everyday living and entertaining. Comfortable bedrooms and refreshed living spaces make this home equally suited for full-time living or a relaxing weekend retreat. One of the standout features is the brand-new pool bath, adding both convenience and functionality for enjoying the outdoor living spaces without ever needing to come inside. Step outside to your own private paradise. The expansive screened lanai surrounds a sparkling in-ground pool, creating the perfect setting for entertaining guests, soaking up the Florida sunshine, or simply unwinding in complete privacy. Beyond the pool, the oversized backyard provides endless opportunities for gardening, outdoor recreation, pets, or future additions. Need space for all your toys? This property has you covered with a detached workshop, covered carport, abundant parking, and plenty of room for your RV, boat, golf cart, trailers, and recreational vehicles—all while still leaving plenty of yard to enjoy. Perhaps one of the most valuable features of this home is something you can't renovate—it has never flooded, offering added peace of mind in an area where that is truly a rare and highly desirable advantage. This property is currently operating as a successful short-term rental and is booked on Airbnb and VRBO nearly every weekend, providing excellent cash-flow potential for investors or buyers looking to offset ownership costs while still enjoying the home themselves. Conveniently located just minutes from Homosassa Springs, Crystal River, public boat ramps, marinas, waterfront restaurants, world-class fishing, scalloping, kayaking, shopping, and the Gulf of Mexico, you'll enjoy everything Florida's Nature Coast has to give right at your fingertips. Whether you're searching for a primary residence, seasonal escape, retirement retreat, or investment opportunity, this exceptional property combines space, privacy, thoughtful updates, and an unbeatable location to deliver the Florida lifestyle you've been dreaming of. Don't miss your opportunity to own your own slice of Old Florida paradise—schedule your private showing today!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,116
Sqft
0.66 ac
Lot size
1969
Year built
One
Levels
$268
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.
$2,184 /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
$2,184/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 Homosassa actives
$268 vs $174
Days on market
28 vs 41 typical
Where $268/sqft sits among the 217 Homosassa 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 Homosassa
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Homosassa. See the full Homosassa guide →
HOMOSASSA 34448 — neighborhood snapshot
Population
10,741
Median age
56
Median income
$47,526
Median home value
$166,000
Avg household
2.28
Households w/ children
866
For the school run
Citrus County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Homosassa market
$299K → $302K
Homosassa median sold, yr/yr
95.8%
Sale-to-list ratio (12 mo)
107 of 217
Homosassa actives have cut their price
Median sold price, Homosassa, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 27% above the HOMOSASSA 34448 median. See the full Homosassa market guide →
Paper trail
This home's history
Reality check
What actually sold near 5304 S JAMES TERRACE
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$185,000
5269 S JAMES TERRACE · same community
3 bd · 2 ba · 1,068 sqft · $173/sqft · 4 DOM
Sold · Sep ’25$109,900
5368 S PARKLAND TERRACE · same community
2 bd · 1 ba · 576 sqft · $191/sqft · 139 DOM
Sold · Oct ’25$135,000
10348 W TWIN RIVER LANE
2 bd · 1.5 ba · 1,228 sqft · $110/sqft · 112 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 5304 S JAMES TERRACE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5304 S JAMES TERRACE — 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
5304 S JAMES TERRACE FAQs
What would the monthly payment be for 5304 S JAMES TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,184/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 5304 S JAMES TERRACE?+
The most recent tax bill on record (2025) was $1,578. 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 Homosassa?+
At $299,000, this home is listed about 15% below the Homosassa median of $350,250. The market section on this page shows how the area is trending.
Which schools are assigned to 5304 S JAMES TERRACE?+
Rock Crusher Elementary School (elementary), Crystal River Middle School (middle), Crystal River High School (high) — Citrus County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of EXP REALTY LLC · Rachel Roberts. MLS #OM727355.
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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