Residential Income Property with
For Sale
$173,000
8324 W Earl Loop, Homosassa, FL 34446
Residential, Homosassa, FL
Property Size1,026 SF
Lot Size0.05 Acres
Price / SF$168.62
Days on Market188
Property Features for 8324 W Earl Loop
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
HDR
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
Parking
2
Parking features
Carport
Window features
Blinds, Skylight(s)
Interior features
BreakfastBar, LaminateCounters, MultiplePrimarySuites, Pantry, SplitBedrooms, Skylights, WindowTreatments, FirstFloorEntry, SlidingGlassDoors
Exterior features
Landscaping
Appliances
Dryer, ElectricOven, Microwave, Refrigerator, WaterHeater, Washer
Subdivision
Homosassa Springs Gardens
Lot features
Flat, Rectangular, Trees
Elementary school
Homosassa Elementary
Middle school
Crystal River Middle
High school
Crystal River High
Directions
Hwy 19 south to left on Perwinkle Lane to right on Marquis to left on Earl. Home on right. *No Sign
Standard status
Active
APN
2513888
Size
1,026 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HOMOSASSA SPRINGS GARDENS UNIT NO. 2 UNREC SUB UNIT 18 MORE PART DESC AS FOLLOWS: COM AT SE COR OF TRACT "A" HOMOSASSA SPRINGS GARDENS UNIT NO. 1 PB 12 PG 40 & 41; THN N 89 DEG 37M 7S E 204.67 FT THN N 0 DEG 3M 58S E 198.24 FT TO POB; THN CONT N 0 DE G 3M 58S E 55 FT THN N 89 DEG 56M 2S W 36.33 FT THN S 0 DEG 3M 58S W 55 FT THN S 89 DEG 56M 2S E 36.33 FT TO POB.
Tax Annual Amount
1326
HOA Fee
$190 Monthly
Legal Description
HOMOSASSA SPRINGS GARDENS UNIT NO. 2 UNREC SUB UNIT 18 MORE PART DESC AS FOLLOWS: COM AT SE COR OF TRACT "A" HOMOSASSA SPRINGS GARDENS UNIT NO. 1 PB 12 PG 40 & 41; THN N 89 DEG 37M 7S E 204.67 FT THN N 0 DEG 3M 58S E 198.24 FT TO POB; THN CONT N 0 DE G 3M 58S E 55 FT THN N 89 DEG 56M 2S W 36.33 FT THN S 0 DEG 3M 58S W 55 FT THN S 89 DEG 56M 2S E 36.33 FT TO POB.
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
community pool
clubhouse
Building Details
Year built
1986
Flooring type
Tile, Carpet
Building materials
Stucco
Roof type
Shingle, Asphalt
Architectural style
Other
Listing Agency:
Wave Elite Realty LLC
(352) 699-9283
Listed By:
Megan Cortez · License #3357542
(352) 586-7993
Added: Apr 2
Changed: Oct 5
Last Checked: Oct 6 at 3:06PM
MLS# 853582
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.
Investment Insights
Based on property information with market context.
This 1,026-square-foot townhome-style residence has two primary bedroom suites, high ceilings, and an enclosed Florida room that brings the stated living area to just over 1,400 square feet. The home was built in 1986 and includes a carport, central air conditioning, and public water and sewer. The AC was replaced in 12/2025, and the main roof and sunroom roof were replaced in 2023 and 2024, respectively.
The residence is one of four side-by-side homes. Community features include a pool, clubhouse, grounds maintenance, and two designated covered parking spaces. Homosassa River and Suncoast Parkway are among the nearby destinations identified.
The residence is one of four side-by-side homes. Community features include a pool, clubhouse, grounds maintenance, and two designated covered parking spaces. Homosassa River and Suncoast Parkway are among the nearby destinations identified.
Key Highlights
- Two primary bedroom suites
- Enclosed Florida room; stated living area is just over 1,400 square feet
- 1,026‑square‑foot residence built in 1986
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,593
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,860
$171.9K
Cap Rate 7%
$122,757
$122.8K
Cap Rate 9%
$95,478
$95.5K
Market Conditions
NOI Build-Up for 1,026 SF
Gross rent
$16.6K $16.20/SF
− Vacancy
−$997 −$0.97/SF
EGI
$15.6K $15.23/SF
− OpEx
−$7.0K −$6.85/SF
NOI
$8.6K $8.38/SF
Area
Citrus County, FL
Vacancy
6.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,860
Cap Rate 7%
$122,757
Cap Rate 9%
$95,478
Alternative Uses
Best Use
Apartment 5plus
$122.8K
$107.4K – $143.2K
NOI $8,593 @ 7.0% cap · market cap 4.97%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$230.5K
$201.7K – $269.0K
NOI $16,138 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
385
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Townhome-style residence with two primary suites, an enclosed Florida room, and access to a community pool and clubhouse.
Where is this residential income property located?
The property is located at 8324 W Earl Loop Homosassa, FL.
What is the asking price?
The asking price for this property is $173,000.
What are key features of this property?
This property features: Two primary bedroom suites; Enclosed Florida room; stated living area is just over 1,400 square feet; 1,026‑square‑foot residence built in 1986
