$250,000
SOLD DEC 29, 2025

1309 Malone Ave Spring Hill, FL 34606

-- Bed
-- Bath
2,020 Sq Ft
10,454 Sq Ft

Recently Sold

$124 Per Sq Ft

17% Below List Price

37 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • Courtyard
  • Level Lot
  • 1-Story Property

About This Home

As of December 2025

Fantastic Investment Opportunity in Spring Hill! This duplex offers two spacious 2-bedroom, 1.5-bath units — each with central air, individual utility meters, and durable block construction. Enjoy large eat-in kitchens, ceramic tile throughout, and convenient 1-car garages with laundry hookups. Each unit also features a backyard — perfect for tenants or outdoor living. Ideally located near schools, shopping, dining, parks, medical offices, and Highway 19 for easy commuting. Whether you’re expanding your portfolio or making your first investment, this income-producing property is a smart choice! COUNTY RECORDS INDICATE AN UNREPAIRED SINKHOLE. SEE ATTACHED DOCS FOR INFO OR VISIT HERNANDO COUNTY BUILDING DEPT WEBSITE FOR MORE INFO.

Last Agent to Sell the Property

David Ivory

RE/MAX Realty One License #3109873 Listed on: 11/03/2025

RE/MAX Realty One

Last Buyer's Agent

Ocala Marion Member

Ocala Marion County Association Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,090

Year Built

  • Built in 1978

Lot Details

  • 10,346 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,020 Sq Ft Home
  • 1-Story Property
  • Carpet

Kitchen

  • Electric Oven
  • Electric Range

Parking

  • Driveway
  • Paved Parking

Additional Features

  • Courtyard
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Spring Hill Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,090

Year Built

Built in 1978

Lot Details

10,346 Sq Ft Lot

Listing Details

  • Architectural Style: One Story, Duplex
  • Directions: Hwy 19 to Spring Hill Dr to left on Malone Ave. Property on left. See sign.
  • Unit Levels: One
  • Lot Size Acres: 0.24
  • New Construction: No
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: Spring Hill
  • Year Built: 1978
  • Special Features: 5120
  • Stories: 1

Interior Features

  • Appliances: Electric Oven, Electric Range
  • Flooring: Carpet, Tile
  • Living Area: 2020.0

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Courtyard, Paved Driveway
  • Foundation Details: Block, Slab
  • Lot Features: Flat
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 10346.0
  • Zoning: Out of County

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4089.83
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2025
Closed on
Dec 29, 2025
Sold by
Ef Holdco Wre Assets Reo Llc
Bought by
Mcleod Samantha
Seller's Agent
David Ivory
RE/MAX Realty One
Buyer's Agent
Ocala Marion Member
Ocala Marion County Association Member
List Price
$300,000
Sold Price
$250,000
Premium/Discount to List
-$50,000
-16.67%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
182.88%

Purchase Details

Closed on
Aug 18, 2025
Sold by
Kirk Ray Smith Investments Llc
Bought by
Ef Holdco Wre Asset Reo Llc

Purchase Details

Closed on
Dec 21, 2023
Sold by
Pinnacle Property Solutions Ll
Bought by
Kirk Ray Smith Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,500
Interest Rate
7.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 2, 2022
Sold by
Peck Steve and Peck Marilyn
Bought by
Pinnacle Property Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2003
Sold by
Dorazio Enrico and Dorazio Anna M
Bought by
Peck Marilyn and Peck Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,001
Interest Rate
5.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $250,000 Entra Title Services
Deed In Lieu Of Foreclosure $258,500 Entra Title Services
Warranty Deed $240,000 Old Tampa Bay Title
Warranty Deed $200,000 Title Now Llc
Warranty Deed $118,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $258,500 Balloon
Previous Owner $210,000 New Conventional
Previous Owner $60,001 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2025 12/29/25 Sold $250,000 -9.1% $124 / Sq Ft
12/10/2025 12/10/25 Pending -- -- --
11/26/2025 11/26/25 Price Changed $275,000 -8.3% $136 / Sq Ft
11/03/2025 11/03/25 For Sale $300,000 -- $149 / Sq Ft
Source: REALTORS® Association of Citrus County

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,984 $184,932 $30,210 $154,722
2024 $3,954 $187,321 $30,210 $157,111
2023 $3,954 $181,417 $33,107 $148,310
2022 $2,407 $70,993 $0 $0
2021 $1,232 $90,030 $8,691 $81,339
2020 $2,040 $84,068 $8,329 $75,739
2019 $1,901 $65,366 $6,725 $58,641
2018 $851 $65,224 $6,389 $58,835
Source: Public Records

Agents Affiliated with this Home

  • David Ivory

    Seller's Agent in 2025

    David Ivory

    RE/MAX

    (352) 613-4460

    2 in this area

    106 Total Sales

    David Ivory
    Section Image

  • O

    Buyer's Agent in 2025

    Ocala Marion Member

    Ocala Marion County Association Member

See All Agents

Map

Source: REALTORS® Association of Citrus County

MLS Number: 849639

REALTORS® Association of Citrus County

APN: R32-323-17-5030-0153-0120

Florida Hernando County Spring Hill 34606

1309 Malone Ave, Spring Hill, FL

Sold

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTORS® Association of Citrus County IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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