Homosassa, FL 34446,4111 S ALABAMA AVE #8
Homosassa, FL 34446,4111 S ALABAMA AVE #8
Homosassa, FL 34446,4111 S ALABAMA AVE #8
Homosassa, FL 34446,4111 S ALABAMA AVE #8
Homosassa, FL 34446,4111 S ALABAMA AVE #8
Homosassa, FL 34446,4111 S ALABAMA AVE #8
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$600,000

$597,500

0.4%
Est.Price: ?

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Est. payment /mo

8 Beds

8 Baths

5,632 SqFt


SOLD DATE : 10/23/2023

Key Details

Sold Price $600,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 5,632 sqft

Price per Sqft $106

Subdivision Homosassa Unit 03

MLS Listing ID OM664164

Sold Date 10/23/23

Bedrooms 8

HOA Y/N No

Originating Board Stellar MLS

Year Built 1981

Annual Tax Amount $5,559

Lot Size 0.880 Acres

Acres 0.88

Lot Dimensions 150x270

Property Description

A strategically located Garden Style Apartment Complex in Homosassa, FL, covering .88 acres and comprising 8 units, all fully occupied. The current rental rates sit below the market average, presenting an immediate avenue for revenue enhancement. The complex features three structures: two triplexes and a duplex, each constructed using CBS in 1981. An added advantage is the on-site laundry facility, efficiently designed for utility cost management. Situated in the heart of Homosassa, known for its natural springs and balanced residential-business ecosystem, this property offers prospective buyers both tax benefits from Y1 acquisition and depreciation, and a favorable operational cost structure.

This town offers a perfect equilibrium of residential serenity and burgeoning business opportunities. Notably, this property is strategically positioned within a 5-mile radius of major highways, ensuring easy accessibility and enhanced appeal for potential tenants.

Location

State FL

County Citrus

Community Homosassa Unit 03

Zoning MDR

Interior

Interior Features Ninguno

Heating None

Cooling Central Air

Flooring Slate, Vinyl

Fireplace false

Exterior

Exterior Feature Other

Parking Features Parking Pad

Utilities Available Electricity Available, Sewer Available, Water Available

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Septic Tank

Water Well

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
Listed by CENTURY 21 J.W.MORTON R.E.
Bought with CENTURY 21 J.W.MORTON R.E.
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