5507 RIDDLE RD Active Save Request In-Person Tour Request Virtual Tour
Holiday,FL 34690
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.
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
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
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8348376