$782,500
$825,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
5,632 SqFt
SOLD DATE : 08/19/2025
Key Details
Sold Price $782,500
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,632 sqft
Price per Sqft $138
Subdivision Homosassa Unit 03
MLS Listing ID TB8398852
Sold Date 08/19/25
Bedrooms 8
HOA Y/N No
Year Built 1981
Annual Tax Amount $8,299
Lot Size 0.880 Acres
Acres 0.88
Lot Dimensions 150x270
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
Alabama Avenue Apartments: An 8-Unit Investment Opportunity
This 1981-built property features eight well-maintained units, each offering 750 square feet with 1-bedroom floorplans. Six of the units have undergone modern renovations, including stainless steel appliances, upgraded white cabinets, and vinyl flooring. The property benefits from its concrete block construction and pitched roofs, and central heat and air. Its strategic location provides easy access to essential retail, including Publix, Dollar General, and Walmart, as well as recreational areas like Homosassa Springs State Park. Major employers such as the College of Central Florida are also nearby, contributing to the area's rental demand.
Location
State FL
County Citrus
Community Homosassa Unit 03
Area 34446 - Homosassa
Zoning MDR
Interior
Interior Features Ceiling Fans(s), Thermostat
Heating Central, Electric
Cooling Central Air
Flooring Laminate, Vinyl
Fireplace false
Laundry Common Area, Laundry Room
Exterior
Exterior Feature Courtyard, Sidewalk
Utilities Available Cable Connected, Electricity Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Schools
Elementary Schools Homosassa Elementary School
Middle Schools Crystal River Middle School
High Schools Crystal River High School
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with STELLAR NON-MEMBER OFFICE
Learn More About LPT Realty
Sales Executive | License ID: SL3522272