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. Total Living Area is 2,406 sq ft, 6 Bedrooms, 2 Bathrooms, on Lot Size: 0.15 acres. this home was built in 1975 with a Zoning: 00R4. The Annual Property Tax (2024): $4,978.85. 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. The Rental Income Potential is to Live in the front unit and rent the back unit for additional income.
Tenants are responsible for all utilities, reducing landlord expenses. There is Opportunity to increase rental income in Unit B to align with current market rates. This home is Convenient Located with easy access to major highways, shopping centers, and dining establishments.
Located in a desirable neighborhood with access to local schools and parks
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. Total Living Area is 2,406 sq ft, 6 Bedrooms, 2 Bathrooms, on Lot Size: 0.15 acres. this home was built in 1975 with a Zoning: 00R4. The Annual Property Tax (2024): $4,978.85. 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. The Rental Income Potential is to Live in the front unit and rent the back unit for additional income.
Tenants are responsible for all utilities, reducing landlord expenses. There is Opportunity to increase rental income in Unit B to align with current market rates. This home is Convenient Located with easy access to major highways, shopping centers, and dining establishments.
Located in a desirable neighborhood with access to local schools and parks
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Balcony, Sidewalk
Flooring: Ceramic Tile
Living Area: 2406.00
Roof: Shingle
School Information
Middle School: Seven Springs Middle-PO
School Elementary: Sunray Elementary-PO
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Central
Sewer: Public Sewer
Utilities: Electricity Available, Sewer Connected, Water Available
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Appliances: Electric Water Heater, Other, Refrigerator
Association Name: none
Country: US
Furnished: Unfurnished
Interior Features: Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s)
Legal Description: FOREST HILLS UNIT 25 MB 11 PG 60 LOT 1587
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