5511 Cheyenne Drive, Holiday, FL 34690

$407,500
1,920
SqFt

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Sold Price
$407,500
List Price
$415,000
Status
Sold
Days on Market
4
Closing Date
Feb 06, 2025
MLS#
TB8339993
Property Style
Triplex
Year Built
1969
Living Area
1,920
Lot Size
7,475
Acres
0.17
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Dodge City
MLS Area Major
Holiday/Tarpon Springs

Property Description

Attention investors - no flood zone or HOA to worry about! This excellent fully leased triplex is the ideal addition to your portfolio. Unit 5511 will be vacated in February and is perfect for a house hacker wanting some rental income! Situated outside of flood zones and with no hurricane damage, this property offers peace of mind and dependable income potential. All units are on HVAC, individually metered for power, and has their own laundry! The exterior boasts a newly repaved driveway (2024), new privacy fencing (2024) and one brand-new HVAC system (2024), reflecting pride of ownership and recent exterior updates such as new roof (2021) and new exterior paint (2023). Inside, you'll find two 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit, all serviced by public utilities. Located in a highly desirable central area, this property is close to the famous Sponge Docks of Pinellas County, Historic Downtown New Port Richey, and just a short drive to Tampa (under 30 minutes). With US-19 nearby, tenants enjoy convenient access to transportation, shopping, and entertainment. This sought-after location ensures consistent demand in the rental market, making it a sound investment opportunity. Property also shows potential as a Padsplit as an alternate rental strategy. Don’t miss out on this income-generating property!

Additional Information

Taxes
$3428
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Zoning
R4
Interior Layout
Eat-in Kitchen, Primary Bedroom Main Floor
Interior Features
Eat-in Kitchen, Primary Bedroom Main Floor
Floor
Tile
Utilities
BB/HS Internet Available, Cable Available
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Other
Roof
Shingle
Foundation
Slab
Pool
No Pool
Elementary School
Sunray Elementary-Po
Middle School
Paul R. Smith Middle-Po
High School
Anclote High-PO
Flood Zone Code
X
Parcel ID
16-26-32-012.0-000.00-002.0
Legal Description
DODGE CITY PB 6 PG 33 LOT 2

Listing courtesy of MAVREALTY. 727-314-3942

Selling Office: FUTURE HOME REALTY.

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