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

Year Built 1975

Annual Tax Amount $4,977

Lot Size 6,534 Sqft

Property Sub-Type Single Family Residence

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. 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

Location

State FL

County Pasco

Community Forest Hills Unit 59 Mb 11 Pg 60 Lot 1587

Area 34690 - Holiday/Tarpon Springs

Zoning 00R4

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Laundry Electric Dryer Hookup,Washer Hookup

Exterior

Exterior Feature Balcony,Sidewalk

Utilities Available Electricity Available,Sewer Connected,Water Available

Roof Type Shingle

Building

Foundation Slab

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

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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