Homosassa 3 Acre Canal Flip

Homosassa 3 Acre Canal Flip

5 bed 4.5 bath 3106 sq ft Built in 1989 Single Family
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73
Quality of Comparables
Low High
15 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
18/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
7/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Incredible opportunity to own a rare piece of land in Homosassa, FL. This property sits on 3 acres along a deep canal with direct Gulf access and features both a 3-bedroom, 2-bathroom single-family home and a manufactured home on the lot. With a full renovation including the roof, A/C, electrical, and interior and exterior updates, this property has tremendous upside potential. 

Due to the large parcel size, there may also be an opportunity to subdivide the lot and separate the manufactured home from the single-family residence, creating even more value. Best of all, this property is being offered at $115,000 below the county assessed value, making it a truly exceptional deal. 

Opportunities like this do not last long. Contact your EquityPro Advisor today before it’s gone.

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We recommend flip
Rental Income
$3,000 mo. / $36,000 yr.
Estimated Taxes
$2,867 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$26,253
Projected Income
5.01%
Estimated APY
$96,250
Projected Income
17.38%
Estimated ROI

Comps

 
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