Active

$399,000

Features:
  • 6 Bedrooms
  • 2 Bathrooms
  • 2406 sq ft
Overview
  • ID: MFRTB8348376
  • Bedrooms: 6
  • Bathrooms: 2
  • Size: 2406 sq ft
Property Details
Remarks
Presenting a unique opportunity to own a versatile property located at 5507 Riddle Road, Holiday, FL 34690. This expansive 2,406 sq ft residence, situated on a generous 0.15-acre corner lot, offers flexible living arrangements ideal for multi-generational families or investors seeking rental income potential. Property Overview: Total Living Area: 2,406 sq ft Bedrooms: 6 Bathrooms: 2 Lot Size: 0.15 acres Year Built: 1975 Zoning: 00R4 Annual Property Tax (2024): $4,978.85 Unit Details: Unit A (5507): 4 bedrooms, 1 bathroom, currently vacant with a screened front porch. Unit B (5509): 2 bedrooms, 1 bathroom, currently rented at $1,100/month on a month-to-month lease, with a projected market rent of $1,550/month. Investment Highlights: Rental Income Potential: Live in the front unit and rent the back unit for additional income. Tenant-Paid Utilities: Tenants are responsible for all utilities, reducing landlord expenses. Market Rent Upside: Opportunity to increase rental income in Unit B to align with current market rates. Location Benefits: Convenient Access: Easy access to major highways, shopping centers, and dining establishments. Community Amenities: Located in a desirable neighborhood with access to local schools and parks. Let me know if you need further assistance or additional details.
Financial Considerations
Price:
$399,000
HOA Fee:
N/A
Tax Amount:
$4977.85
Price per SqFt:
$165.84
Tax Legal Description:
FOREST HILLS UNIT 25 MB 11 PG 60 LOT 1587
Exterior Features
Lot Size:
6675
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
Electric Water Heater, Other, Refrigerator
Furnished:
Yes
Floor:
Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1975
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Sidewalk
Additional Features 2:
N/A
Map
  • Address
    5507 RIDDLE RD
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