5507 RIDDLE RD Active

Holiday,FL 34690

$ 399000

6 Beds

2 Baths

2406 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,406 sqft

Price per Sqft $165

Subdivision Forest Hills Unit 59 Mb 11 Pg 60 Lot 1587

MLS Listing ID TB8348376

Bedrooms 6

Full Baths 2

HOA Y/N No

Year Built 1975

Annual Tax Amount $4,977

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

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.

Location

State FL

County Pasco

Community Forest Hills Unit 59 Mb 11 Pg 60 Lot 1587

Area 34690 - Holiday/Tarpon Springs

Zoning 00R4

Interior

Interior Features Ceiling Fans(s),Open Floorplan,Primary Bedroom Main Floor,Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Furnishings Unfurnished

Fireplace false

Appliance Electric Water Heater,Other,Refrigerator

Laundry Electric Dryer Hookup,Washer Hookup

Exterior

Exterior Feature Balcony,Sidewalk

Utilities Available Electricity Available,Sewer Connected,Water Available

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Schools

Elementary Schools Sunray Elementary-Po

Middle Schools Seven Springs Middle-Po

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,Conventional,FHA,USDA Loan,VA Loan

Listing Terms Cash,Conventional,FHA,USDA Loan,VA Loan

Special Listing Condition None

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