Residential Income Property Needing
1730 S PALM Avenue Homosassa, FL 34448
1730 S PALM Avenue, Homosassa, FL, 34448
$249,000
For Sale
$249,000
MULTI_FAMILY - HOMOSASSA, FL
Property Size2,704 SF
Lot Size1.94 Acres
Price / SF$92.09
Days on Market122
Property Features for 1730 S PALM Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- LDRMH
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 2
- Interior features
- Thermostat
- Exterior features
- Private Mailbox
- Standard status
- Active
- APN
- 17E-19S-10-0210-00380-0090
- Size
- 2,704 SF
- Lot size
- 1.94 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CRYSTAL ACRES FIRST ADDITION PB 2 PG 153 LOT 9 & 10 BLK 38.
- Tax Annual Amount
- 3317
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Year built
- 1958
- Floors in Building
- 1
- Building materials
- Frame
- Roof type
- Metal
Listing agency
HOMERUN REALTY
(352) 624-0935
Listed by
Scott Archibald
(352) 857-9074
Added: Mar 23 Updated: Jul 20 at 8:42PM Checked: Jul 22 at 3:06PM
MLS# OM721593
Copyright © 2026 Stellar MLS. 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.
Set on 1.94 wooded acres, this residential income property includes a primary home with 2 bedrooms and 2 bathrooms. The primary structure is ready for repairs and updates, offering a project for buyers looking to restore and personalize the space. A second structure, a mobile home, is also located on the property but is considered to have no contributory value.
Surrounded by mature trees, the site provides a private, natural setting while still offering convenient access to nearby amenities, shopping, and travel routes. The property is described as being just minutes from Highway 19.
Zoned LDRMH, the offering totals 2,704 square feet of property size (as provided) and presents an opportunity for renovation-focused investors or buyers seeking an in-place, multi-structure setup.
Surrounded by mature trees, the site provides a private, natural setting while still offering convenient access to nearby amenities, shopping, and travel routes. The property is described as being just minutes from Highway 19.
Zoned LDRMH, the offering totals 2,704 square feet of property size (as provided) and presents an opportunity for renovation-focused investors or buyers seeking an in-place, multi-structure setup.
Key Highlights
- 1.94 wooded acres with mature trees and a private setting
- Primary home built in 1958 with frame construction and a metal roof
- 2‑bedroom, 2‑bath primary home with electric heating and central air
Local Financial Insights For Apartment 5plus
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 | $43.8k | $16.20 |
| − Vacancy | −$2.6k | −$0.97 |
| EGI | $41.2k | $15.23 |
| − OpEx | −$18.5k | −$6.85 |
| NOI | $22.6k | $8.38 |
2,704 SF · lease $16.20/SF/yr · vacancy 6.00% · expense 45.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-bedroom, two-bath primary home needs repairs; second mobile home is on-site with no contributory value.
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 with mature trees and a private setting; Primary home built in 1958 with frame construction and a metal roof; 2‑bedroom, 2‑bath primary home with electric heating and central air
