Wooded Duplex
New
For Sale
$249,000
1730 S PALM AVENUE, Homosassa, FL 34448
A renovation project with a two-bedroom residence and a separate mobile home on a tree-covered parcel.
Property Size2,704 SF
Lot Size1.94 Acres
Price / SF$92.09
Days on Market5
Property Features for 1730 S PALM AVENUE
General Information
Standard status
Active
Size
2,704 SF
Lot size
1.94 Acres
Property subtype
Duplex
Property Condition
Severity
Repairs Needed
Evidence
requiring repairs and updates
Additional Details
Highway Access
Yes
Multifamily Units
2
Amenities
1.94 acres, In County, Irregular Lot
Metal
Septic Tank
Additional parcels description:, Parcel Number: 17E-19S-10-0210-00380-0090, Public Survey Range: 17, Public Survey Section: 10, Annual Amount: $3,317, Tax Block: 38, Tax Book Number: 2-153, Legal Description: CRYSTAL ACRES FIRST ADDITION PB 2 PG 153 LOT 9 & 10 BLK 38., Lot: 9, Year: 2025, Zoning: LDRMH
Central Air
Electric
Inside
Listing ID: MFROM735007, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-10-30, 1 day on market, Special Conditions: None
3 total bedrooms
Built in 1958, Living area: 2704, Living area units: Square Feet, Levels: One, Construction Materials: Frame
Subdivision: CRYSTAL ACRES FIRST ADD, MLS Area (Major): 34448 - Homosassa, County/Parish: Citrus
3 total bathrooms
Electricity Connected, Water Source: Well
Crawlspace
Close Of Escrow
Road Surface: Dirt
Private Mailbox
Thermostat
Building Details
Year Built
1958
Buildings
2
Listing Agency:
HOMERUN REALTY
(352) 624-0935
Listed By:
Scott Archibald · License #3390073
(352) 857-9074
Source:
Miharaandassociates
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 3:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOMERUN REALTY
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Investment Insights
Based on property information with market context.
Set on 1.94 acres in Homosassa, this duplex property includes a 2,704-square-foot primary residence built in 1958. The home has two bedrooms and two bathrooms and requires repairs and updating. A separate mobile home is also on the property; it is considered to have no contributory value.
The tree-covered parcel is at 1730 S Palm Avenue, with Highway 19 a few minutes away. The property combines a renovation project with a substantial wooded setting.
The tree-covered parcel is at 1730 S Palm Avenue, with Highway 19 a few minutes away. The property combines a renovation project with a substantial wooded setting.
Key Highlights
- 1.94 wooded acres in Homosassa
- 2,704‑square‑foot primary residence built in 1958
- Primary home has 2 bedrooms and 2 bathrooms; repairs and updates are needed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,647
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,940
$452.9K
Cap Rate 7%
$323,529
$323.5K
Cap Rate 9%
$251,633
$251.6K
Market Conditions
NOI Build-Up for 2,704 SF
Gross rent
$43.8K $16.20/SF
− Vacancy
−$2.6K −$0.97/SF
EGI
$41.2K $15.23/SF
− OpEx
−$18.5K −$6.85/SF
NOI
$22.6K $8.38/SF
Area
Citrus County, FL
Vacancy
6.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,940
Cap Rate 7%
$323,529
Cap Rate 9%
$251,633
Alternative Uses
Best Use
Multifamily LT 5
$352.6K
$308.6K – $411.4K
NOI $24,684 @ 7.0% cap · market cap 9.91%
Second Best
Apartment 5plus
$323.5K
$283.1K – $377.5K
NOI $22,647 @ 7.0% cap · market cap 9.10%
Theoretical Best
Specialty Retail
$607.6K
$531.6K – $708.9K
NOI $42,531 @ 7.0% cap · market cap 17.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
Explore this area
Business Placement
Demographics for 34448, FL
10,889
Population
6,437
Households
1.7
Avg Household Size
59
Median Age
18%
College-Educated
86%
High-School Grad
72.3 sq mi
ZIP Area
151
Density / Sq Mi
$47,526
Median Household Income
$23,452
Median Earnings
$941
Median Rent
$166,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - A renovation project with a two-bedroom residence and a separate mobile home on a tree-covered parcel.
Where is this duplex located?
The property is located at 1730 S PALM AVENUE Homosassa, FL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 1.94 wooded acres in Homosassa; 2,704‑square‑foot primary residence built in 1958; Primary home has 2 bedrooms and 2 bathrooms; repairs and updates are needed
