Turnkey Duplex with Major
3135 S LANTANA Way Homosassa, FL 34448
3135 S LANTANA Way, Homosassa, FL, 34448
$269,000
For Sale
$269,000
MULTI_FAMILY - HOMOSASSA, FL
Property Size1,536 SF
Lot Size0.24 Acres
Price / SF$175.13
Days on Market17
Property Features for 3135 S LANTANA Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- PSO
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 4, Laundry Room, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
- Patio and Porch features
- Patio
- Pets allowed
- Yes
- Interior features
- Eat-in Kitchen
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 17E-19S-22-0060-02530-0010
- Size
- 1,536 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- COM AT MOST S'LY COR OF LT 22 BLK 253 PLAT OF UNIT NO 6 OF HOMOSASSA ACC TO PLAT THEREOF REC IN PB 1 PG 48 OF THE PRCCF TH N 45DEG W AL SW'LY BNDRY OF SD BLK 253 250.0 FT TO POB SD PT ALSO BEING ON NW'LY BNDRY OF SD LBK 253 TH N 45DEG E AL SD NW'LY B NDRY 82.4 FT TH S 45DEG E 128.0 FT TH S 45DEG W 82.4 FT TO SD SW'LY BNDRY OF BLK 253 TH N 45DEG W 128.0 FT TO POB BEING PT OF 8 FT WALK ALL OF LT 1 AND PART OF LT 2 BLK 253 OF SD PLAT OF UNIT 6 OF HOMOSASSA PB 1 PG 48
- Tax Annual Amount
- 2561
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Private
Building Details
- Year built
- 1982
- Floors in Building
- 1
- Flooring type
- Laminate, Tile
- Building materials
- Stucco, Frame
- Roof type
- Shingle
Listing agency
JT REALTY & ASSOCIATES
(352) 279-2640
Listed by
Sarah Hill · License #3447180
(352) 670-4455
Added: Jul 6 Updated: Jul 21 at 9:51PM Checked: Jul 22 at 7:06AM
MLS# TB8525628
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.
Turnkey duplex arranged as two separate 2-bedroom, 1-bath homes, each with a private laundry room and comfortable living space. Updates include newer interior paint, refreshed kitchens with newer appliances, updated bathrooms, and durable flooring throughout (no carpet). Significant capital improvements have been completed, including a newer roof (2025), newer A/C units (2023), and a newer well pump and tank, supporting a lower-maintenance ownership experience. Both units are currently leased, providing immediate income upon closing.
The property is centrally located in Homosassa, with convenient access to shopping, restaurants, medical facilities, schools, and major roadways. Outdoor recreation is a key draw, with the Homosassa River, Crystal River, and Homosassa Springs Wildlife State Park described as nearby natural attractions.
Set on a 0.24-acre lot, this duplex offers a practical, income-producing configuration with a recently improved exterior and modernized interiors in both units.
The property is centrally located in Homosassa, with convenient access to shopping, restaurants, medical facilities, schools, and major roadways. Outdoor recreation is a key draw, with the Homosassa River, Crystal River, and Homosassa Springs Wildlife State Park described as nearby natural attractions.
Set on a 0.24-acre lot, this duplex offers a practical, income-producing configuration with a recently improved exterior and modernized interiors in both units.
Key Highlights
- Turnkey duplex with both units leased and producing immediate rental income
- Each unit has 2 bedrooms and 1 full bathroom with private laundry room
- Newer roof (2025) plus newer A/C units (2023)
Local 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 | $21.2k | $13.80 |
| − Vacancy | −$1.2k | −$0.76 |
| EGI | $20.0k | $13.04 |
| − OpEx | −$6.0k | −$3.91 |
| NOI | $14.0k | $9.13 |
1,536 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$200.3K
$175.3K – $233.7K
NOI $14,022 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$183.8K
$160.8K – $214.4K
NOI $12,865 @ 7.0% cap · market cap 4.78%
Theoretical Best
Specialty Retail
$345.1K
$302.0K – $402.7K
NOI $24,160 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained duplex with two leased units, 2/1 layouts, private laundry, and major updates including a 2025 roof.
Where is this duplex located?
The property is located at 3135 S LANTANA Way Homosassa, FL.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Turnkey duplex with both units leased and producing immediate rental income; Each unit has 2 bedrooms and 1 full bathroom with private laundry room; Newer roof (2025) plus newer A/C units (2023)
