Search
Quadplex with Enclosed Florida Room
For Sale
$175,000

8324 W Earl Loop, Homosassa, FL 34446

MULTI_FAMILY - Other - Homosassa, FL

Property Size1,026 SF
Lot Size0.05 Acres
Price / SF$170.57
Days on Market125

Property Features for 8324 W Earl Loop

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning HDR
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Parking 2
Parking features Carport
Window features Blinds, Skylight(s)
Interior features BreakfastBar, LaminateCounters, MultiplePrimarySuites, Pantry, SplitBedrooms, Skylights, WindowTreatments, FirstFloorEntry, SlidingGlassDoors
Exterior features Landscaping
Appliances Dryer, ElectricOven, Microwave, Refrigerator, WaterHeater, Washer
Subdivision Homosassa Springs Gardens
Lot features Flat, Rectangular, Trees
Elementary school Homosassa Elementary
Middle school Crystal River Middle
High school Crystal River High
Directions Hwy 19 south to left on Perwinkle Lane to right on Marquis to left on Earl. Home on right. *No Sign
Standard status Active
APN 2513888
Size 1,026 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HOMOSASSA SPRINGS GARDENS UNIT NO. 2 UNREC SUB UNIT 18 MORE PART DESC AS FOLLOWS: COM AT SE COR OF TRACT "A" HOMOSASSA SPRINGS GARDENS UNIT NO. 1 PB 12 PG 40 & 41; THN N 89 DEG 37M 7S E 204.67 FT THN N 0 DEG 3M 58S E 198.24 FT TO POB; THN CONT N 0 DE G 3M 58S E 55 FT THN N 89 DEG 56M 2S W 36.33 FT THN S 0 DEG 3M 58S W 55 FT THN S 89 DEG 56M 2S E 36.33 FT TO POB.
Tax Annual Amount 1326
HOA Fee $190 Monthly
Legal Description HOMOSASSA SPRINGS GARDENS UNIT NO. 2 UNREC SUB UNIT 18 MORE PART DESC AS FOLLOWS: COM AT SE COR OF TRACT "A" HOMOSASSA SPRINGS GARDENS UNIT NO. 1 PB 12 PG 40 & 41; THN N 89 DEG 37M 7S E 204.67 FT THN N 0 DEG 3M 58S E 198.24 FT TO POB; THN CONT N 0 DE G 3M 58S E 55 FT THN N 89 DEG 56M 2S W 36.33 FT THN S 0 DEG 3M 58S W 55 FT THN S 89 DEG 56M 2S E 36.33 FT TO POB.

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Amenities

community pool
clubhouse

Building Details

Year built 1986
Flooring type Carpet, Tile
Building materials Stucco
Roof type Asphalt, Shingle
Architectural style Other
Listing Agency: Wave Elite Realty LLC
Listed By: Megan Cortez · License #3357542
Added: Apr 2 Changed: Aug 4 Last Checked: Aug 4 at 8:06AM
MLS# 853582

Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This quadplex-style townhome residence is laid out as four side-by-side homes and includes two primary bedroom suites, high ceilings, and an enclosed Florida room that expands the living space. Interior finishes include carpet and tile flooring, along with split-bedroom planning and features such as skylights, sliding glass doors, and a first-floor entry. The home is served by central electric HVAC and includes a carport for parking. Public water and public sewer connect to the property.

Exterior improvements include a new AC installed 12/2025, a new roof in 2023, and a new sunroom roof in 2024. Construction is stucco.

Set on a 0.05-acre lot with HDR zoning, the property is positioned in a residential setting close to everyday conveniences described in the remarks, including shopping, dining, medical facilities, banks, the Homosassa River, and the Suncoast Parkway.

Key Highlights

  • HDR zoning on a 0.05‑acre lot
  • Townhome‑style layout with four side‑by‑side residences
  • Two primary bedroom suites and enclosed Florida room

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $14.2k $13.80
− Vacancy −$779 −$0.76
EGI $13.4k $13.04
− OpEx −$4.0k −$3.91
NOI $9.4k $9.13
1,026 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$133.8K
$117.1K – $156.1K (±1% cap)
NOI $9,366 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$122.8K
$107.4K – $143.2K (±1% cap)
NOI $8,593 @ 7.0% cap · market cap 4.91%
Theoretical Best
Specialty Retail
$230.5K
$201.7K – $269.0K (±1% cap)
NOI $16,138 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby

Demographics for 34446, FL

18,431
Population
9,588
Households
1.9
Avg Household Size
62
Median Age
18%
College-Educated
89%
High-School Grad
29.8 sq mi
ZIP Area
618
Density / Sq Mi
$60,625
Median Household Income
$41,423
Median Earnings
$938
Median Rent
$231,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - HDR zoned quadplex-style residence with two primary suites and an enclosed Florida room, plus recent roof and AC updates.
Where is this quadplex located?
The property is located at 8324 W Earl Loop Homosassa, FL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: HDR zoning on a 0.05‑acre lot; Townhome‑style layout with four side‑by‑side residences; Two primary bedroom suites and enclosed Florida room
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message