4111 S Alabama Avenue 8 Homosassa, FL 34446
Listing Courtesy of: STELLAR / Century 21 J W Morton Real Estate, Inc. / Elias Kirallah

  4111 S Alabama Avenue 8 Homosassa, FL 34446

Sold (1 Days)
$600,000
8
BED
8
BATH
5,632
SQFT

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.

MLS #:
OM664164
Taxes
$5,560(2022)
Lot Size
0.88 acres
Type
Multifamily
Year Built
1981
County
Citrus County

Listed By

Elias Kirallah, Century 21 J W Morton Real Estate, Inc.
Bought with
Elias Kirallah, Century 21 J.W.morton R.E.
Source
STELLAR
Last checked Mar 12 2025 at 10:09 AM GMT+0000
Bathroom Details
Interior Features
  • Ninguno
Subdivision
  • Homosassa Unit 03
Property Features
  • Foundation: Slab
Heating and Cooling
  • None
  • Central Air
Flooring
  • Vinyl
  • Slate
Exterior Features
  • Block
  • Roof: Shingle
Utility Information
  • Utilities: Electricity Available, Water Source: Well, Water Available, Sewer Available
  • Sewer: Septic Tank
Parking
  • Parking Pad
Living Area
  • 5,632 sqft
Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2025. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 3/12/25 03:09