5409 S Marsha Terrace Homosassa, FL 34446
Estimated payment $1,524/month
Total Views
2,332
2
Beds
2
Baths
980
Sq Ft
$270
Price per Sq Ft
Highlights
- Very Popular Property
- Main Floor Primary Bedroom
- 2 Car Attached Garage
- 1.01 Acre Lot
- No HOA
- Living Room
About This Home
FAMILY COMPOUND OR INVESTOR’S DREAM! We are proud to present a beautifully updated 2-bedroom, 2-bath home with a garage, plus two additional lots! This unique opportunity gives you multiple options: create your own family compound, build additional homes for income, or sell the separately platted lots (each valued at $25,000). The home has been fully renovated with a brand-new kitchen, updated vanities, fresh paint, new tile flooring throughout, popcorn ceilings removed, and a new roof. A vinyl privacy fence surrounds the property. All stainless steel appliances and the A/C unit are just 3 years old. The spacious garage features terrazzo flooring, built-in workbenches, and direct access to a bathroom—perfect for use as an outdoor shower. The outdoor space is exceptional. Enjoy the privacy of a quiet neighborhood with amenities that include: A 14x14 greenhouse with potting tables, a fish cleaning station and an extra irrigation well, three raised 4x8 garden beds ready for planting, mature trees, low-maintenance landscaping, and a butterfly garden that attracts hummingbirds and butterflies. Fruit trees, a large patio for cookouts, and a country swing for relaxation! Plenty of space to add a pool! Each lot measures approximately one-third of an acre, high and dry with beautiful oaks and pines. You can expand your yard, build an additional home for family or income, or sell the lots separately. The location is unbeatable—just 3 miles from Homosassa State Park and the manatee viewing area, with fishing, boat ramps, restaurants, and shopping all nearby. Walmart is only 2 miles away, with no heavy traffic to navigate. This property also offers excellent vacation rental potential. Life is sweet on Marsha Terrace, the possibilities are endless. Come see for yourself!
Listing Agent
EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3373651 Listed on: 08/01/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $991
Year Built
- Built in 1984
Lot Details
- 1.01 Acre Lot
- West Facing Home
- Vinyl Fence
- Well Sprinkler System
- 3 Lots in the community
- Additional Parcels
- Property is zoned RURMH
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Frame Construction
- Shingle Roof
- Stucco
Interior Spaces
- 980 Sq Ft Home
- Living Room
- Ceramic Tile Flooring
- Laundry in unit
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Utilities
- Central Air
- Heat Pump System
- Septic Tank
Community Details
- No Home Owners Association
- Lucky Hills Unrec Sub Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 19 / 4B000
- Assessor Parcel Number 17E19S36 4B000 0190
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $956 | $101,681 | -- | -- |
| 2023 | $956 | $98,719 | $0 | $0 |
| 2022 | $926 | $93,717 | $0 | $0 |
| 2021 | $1,349 | $84,771 | $4,250 | $80,521 |
| 2020 | $1,185 | $74,400 | $4,250 | $70,150 |
| 2019 | $1,163 | $71,863 | $4,750 | $67,113 |
| 2018 | $1,076 | $66,096 | $8,900 | $57,196 |
| 2017 | $1,024 | $61,280 | $8,900 | $52,380 |
| 2016 | $1,021 | $59,180 | $8,900 | $50,280 |
| 2015 | $948 | $53,120 | $8,910 | $44,210 |
| 2014 | $915 | $49,400 | $9,106 | $40,294 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $265,000 | -- | $270 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $157,000 | Wollinka Wikle Title | |
| Warranty Deed | $80,000 | First American Title Ins Co | |
| Deed | $51,000 | -- | |
| Deed | $52,000 | -- | |
| Deed | $51,000 | -- | |
| Deed | $100 | -- | |
| Deed | $5,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $71,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Homosassa, FL
Source: Stellar MLS
MLS Number: TB8409698
APN: 17E-19S-36-0000-4B000-0190
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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