Sold for $600,000

$600,000

4111 S Alabama Ave #8, Homosassa, FL 34446

8beds

8baths

5,632sqft

Duplex, Triplex, Multi Family, Multi Family

Built in 1981

-- sqft lot

$515,800 Zestimate^®

$107/sqft

$1,570 Estimated rent

Home value

$515,800

$402,000 - $650,000

$1,570/mo

Zestimate^® history

Owner options

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$1,570/mo

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$1,570/mo

Rent Zestimate^®

Refinance and save

$3,964/mo

Est. payment

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$3,964/mo

Est. payment

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 8

Cooling

Central Air

Appliances

Included: None

Features

Flooring: Slate, Vinyl

Interior area

Total structure area: 5,888
Total interior livable area: 5,632 sqft

Property

Parking

Parking features: Parking Space(s)

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 0.88 Acres
Dimensions: 150 x 270
Features: Acreage

Details

Parcel number: 1124964
Zoning: MDR
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: One Story,Duplex
Property subtype: Duplex, Triplex, Multi Family, Multi Family

Materials

Stucco
Foundation: Block, Slab
Roof: Tile

Condition

New construction: No
Year built: 1981

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Homosassa Unit 3

HOA

Has HOA: No

Location

Region: Homosassa

Financial & listing details

Price per square foot: $107/sqft
Annual tax amount: $5,559
Date on market: 9/9/2023
Cumulative days on market: 2 days
Listing terms: Cash,Conventional
Road surface type: Paved

Price history

Date	Event	Price
10/23/2023	Sold	$600,000+0.4%$107/sqft
Source: Realtors Association of Citrus County #826883 Report a problem
9/10/2023	Pending sale	$597,500$106/sqft
Source: Realtors Association of Citrus County #826883 Report a problem
9/9/2023	Listed for sale	$597,500$106/sqft
Source: Realtors Association of Citrus County #826883 Report a problem