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$169,900

5360 S ELM AVENUE, HOMOSASSA, FL 34448

Active255 days on market

Beds

3

Baths

2

Sq Ft

1,500 sq ft

Year Built

1965

Lot Size

0.30 acres

Garage

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About This Property

Short Sale. Charming 3 bed, 2 bath ranch-style home situated on a spacious lot in the heart of Homosassa. The property was flooded during a 2024 hurricane but was quickly gutted, and a full remodel was started. Many cosmetic upgrades have already been completed, however, the renovation is not yet finished, offering a great opportunity for someone to add their final touches. The home is on septic and county water, with no HOA or deed restrictions. Just minutes from the Homosassa River, this property has excellent potential as a short-term rental on Airbnb or VRBO.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4660637
StatusActive
Year Built1965
Total Rooms3
ConstructionVinyl Siding, Wood Frame
RoofMetal
FoundationSlab
FacesEast
SubdivisionHOMOSASSA TOWN
CountyCitrus
OwnershipFee Simple

Interior Features

InteriorOpen Floorplan
FlooringVinyl
AppliancesNone
LaundryInside, Laundry Closet
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorOther
Lot Size0.30 acres (13,068 sq ft)
Road SurfacePaved
0

Utilities

WaterPublic
SewerSeptic Tank
UtilitiesElectricity Connected, Sewer Connected, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$169,900
Original Price$219,000
Annual Taxes$2,427 (2024)
FinancingCash, Conventional, FHA, VA Loan
ZoningCLRMH
Parcel #17E19S320010012700120

Directions

Take FL-589 N, US-98 N/W Ponce De Leon Blvd and S Suncoast Blvd to W Bradshaw St in Homosassa Springs Continue on W Bradshaw St. Take W Yulee Dr. Turn right on S Elm Ave. House on right in 700 ft

Location

5360 S ELM AVENUE, HOMOSASSA, FL 34448

Listing Information

OfficeMCKAY MANAGEMENT & REALTY
ListedJuly 31, 2025

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How to Buy This Home

Multiple financing options available for this $169,900 home in HOMOSASSA.

🏛️

FHA Loan

$5,947 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$8,495 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Citrus County SHIP

Varies

Income-qualifying Citrus residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: June 30, 2026.

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