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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
Property Details
Price: $390,000
Sq Ft: 2,406
($162 per sqft)
Bedrooms: 6
Bathrooms: 2
City: Holiday
County: Pasco
Type: Single Family Reside
Development: Forest Hills Unit 59 Mb 11 Pg 60 Lot 1587
Acres: 0.15
Virtual Tour/Floorplan:
View
Year Built: 1975
Listing Number: TB8348376
Status Code: A-Active
Taxes: $4.00
Tax Year: 2024
Furnishings: Unfurnished
Interior Features:
Ceiling Fans(s)
Open Floorplan
Primary Bedroom Main Floor
Walk-In Closet(s)
Financial Information:
Taxes: $4.00
Tax Year: 2024
Exterior Features:
Balcony
Sidewalk
Equipment:
Electric Water Heater
Other
Refrigerator
School Information:
Elementary School: Sunray Elementary-Po
Middle School: Seven Springs Middle-Po
Junior High: Seven Springs Middle-Po
Additional Information:
MLS Area: 34690 - Holiday/Tarpon Springs
Price per Square Feet: $162.09
Water: Public
Construction: Block, Stucco
Date Listed: 2025-02-08 23:35:52
Pool: No
Furnished: Unfurnished
Windows: Blinds
Flooring: Ceramic Tile
Roof: Shingle
Heating: Central
Cooling: Central Air
Sewer: Public Sewer
Map of 5507 Riddle Road, Holiday, FL 34690
Listing Courtesy Of: Thompson And Thompson Realty
thompsonandthompsonrealty@gmail.com