4111 S Alabama Avenue, Homosassa Springs, FL 34446

Building Details

Stories 1 More

Construction concrete block More

Listing Agency: Franklin Street Tampa

Listed By: Geno Cronin · License FL SL3612814

Source: Crexi

Added: Sep 28 Changed: Nov 9 Last Checked: Nov 10 at 6:26AM

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Investment Insights

Based on property information with market context.

This eight-unit apartment property in Homosassa Springs contains one-bedroom residences averaging approximately 736 square feet. Built in the 1980s, the single-story community has concrete block construction, pitched roofs, and central HVAC. Interior renovations have been completed in seven apartments, with updates that include stainless steel appliances, white cabinetry, vinyl flooring, and other contemporary finishes.

Two recently signed leases are above existing in-place rents. The property has a 6.23% takeover cap rate calculated using adjusted taxes and insurance. Its address is 4111 S Alabama Avenue in Homosassa Springs, Florida.

Key Highlights

• Eight one‑bedroom apartments averaging approximately 736 square feet each
• Seven of the eight apartments have been renovated
• Single‑story concrete block construction with pitched roofs and central HVAC

Property Analytics

Lease Details

8

Residential units

Location Intelligence

Trade Area within ½ mile

28

Businesses Nearby

Explore this area Business Placement

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

Frequently Asked Questions

What type of property is this?

Apartment building - Seven residences have refreshed finishes, including stainless steel appliances, white cabinetry, and vinyl flooring.

Where is this apartment building located?

The property is located at 4111 S Alabama Avenue Homosassa Springs, FL.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: Eight one‑bedroom apartments averaging approximately 736 square feet each; Seven of the eight apartments have been renovated; Single‑story concrete block construction with pitched roofs and central HVAC