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.
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