Duplex on Wooded
For Sale
$249,000
1730 S PALM Avenue, Homosassa, FL 34448
MULTI_FAMILY - HOMOSASSA, FL
Property Size2,704 SF
Lot Size1.94 Acres
Price / SF$92.09
Days on Market131
Property Features for 1730 S PALM Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
LDRMH
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1
Interior features
Thermostat
Exterior features
Private Mailbox
Subdivision
CRYSTAL ACRES FIRST ADD
Lot features
In County, Irregular Lot
Directions
From Crystal River take Hwy 19 S, TL W Dixieland St, TR S Palm Ave to 1st driveway. Do not go into 2nd driveway, that is private property.
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
Legal Description
CRYSTAL ACRES FIRST ADDITION PB 2 PG 153 LOT 9 & 10 BLK 38.
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
Changed: Jul 30
Last Checked: Jul 31 at 3:06AM
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.
Duplex property on 1.94 wooded acres with a primary residence built in 1958. The main home has two bedrooms and two bathrooms and includes rooms labeled for three bedrooms and three bathrooms, along with a thermostat. Heating is electric and cooling is central air. The exterior includes a private mailbox, and construction materials are frame with a metal roof.
The property also includes a second structure described as a mobile home; it is considered to have no contributory value. Water is provided by a well and wastewater is handled by a septic tank.
Zoned LDRMH, this is a single-property residential income opportunity with on-site privacy from mature trees, while remaining minutes from Highway 19 for access to amenities and travel routes.
The property also includes a second structure described as a mobile home; it is considered to have no contributory value. Water is provided by a well and wastewater is handled by a septic tank.
Zoned LDRMH, this is a single-property residential income opportunity with on-site privacy from mature trees, while remaining minutes from Highway 19 for access to amenities and travel routes.
Key Highlights
- 1.94 wooded acres with duplex primary home built in 1958
- Central air cooling with electric heating and thermostat
- Well water and septic tank
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
101
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex on nearly two wooded acres with central air, electric heat, well water, septic, and LDRMH zoning.
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 duplex primary home built in 1958; Central air cooling with electric heating and thermostat; Well water and septic tank
