$275,000
PENDING $25K PRICE DROP

1309 Malone Ave Spring Hill, FL 34606

Estimated payment $1,782/month

Total Views 1,533
-- Bed
-- Bath
2,020 Sq Ft
$136 Price per Sq Ft

Highlights

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

About This Home

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.

Listing Agent

David Ivory

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

RE/MAX Realty One

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

0

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

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price List to Sale Price per 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

Purchase History

Date Type Sale Price Title Company
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

Source: REALTORS® Association of Citrus County

MLS Number: 849639

REALTORS® Association of Citrus County

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