7115 W Porpoise Drive, Homosassa, FL 34446
MULTI_FAMILY - Other - Homosassa, FL
- Added:
- Jun 20, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 21 at 9:06 am
Property Features for 7115 W Porpoise Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MDR
- Parking features
- Parking Lot
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 1161436
- Size
- 2,163 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- NEW HOMOSASSA VLG LOTS 169 & 170 DESC IN OR BK 640 PG 854 OR BK 644 PG 1731 & OR BK 649 PG 491
- Tax Annual Amount
- 3466
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Year built
- 1973
- Flooring type
- Vinyl, Tile
- Building materials
- Block, Concrete
- Roof type
- Metal
- Architectural style
- Other
Listing agent Jonathan Trivett License #3018183 (813) 359-7281
Listing office Tropic Shores Realty 6460 W Gulf to Lake Hwy, Spring Hill, FL (352) 503-4780
Listing date Jun 20, 2026
Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 4 income‑producing units in 2 duplexes: each has a 2 bed/1 bath unit and a 1 bed/1 bath unit
- Metal roof installed in 2018
- Block and concrete construction
- Central heating and central air
- Utilities include well water and public sewer
- Parking lot on‑site; metal roof and vinyl/tile flooring
Overview
The buildings are located at 7115 W Porpoise Drive in Homosassa, within a few miles of Highway 19 for shopping, dining, and banking. The property also sits a few miles from SR-589 (Suncoast Parkway), offering convenient regional access toward Crystal River, Brooksville, and Tampa. The property is zoned MDR.
The four-unit layout can support a tenant mix across one- and two-bedroom demands within the same ownership footprint. For buyers seeking a small residential income property, the structure of two duplexes provides multiple separate rental units while keeping operations under one property address. This is an investment opportunity currently offered for sale by a motivated seller.
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 | $29.8k | $13.80 |
| − Vacancy | −$1.6k | −$0.76 |
| EGI | $28.2k | $13.04 |
| − OpEx | −$8.5k | −$3.91 |
| NOI | $19.7k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Homosassa
- County
- Citrus
- State
- Florida
- Longitude
- -82.552306
- Latitude
- 28.784913
