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10627 S TARTAN POINT, Homosassa, FL, 34446 | $1,190,000
Rare Income-Producing Opportunity in the Heart of Florida’s Crystal-Clear Springs Paradise!
Welcome to a truly exceptional income-producing investment in Homosassa, Florida — five newer, completely furnished, identical homes all in a row for easy management and maintenance. This is a once-in-a-lifetime chance to own a unique income-producing property nestled in the center of five world-renowned, crystal-clear spring-fed rivers — each offering unforgettable experiences including kayaking, swimming with manatees, paddle-boarding, boating, snorkeling, jet skiing, and fishing. This is the true Florida lifestyle—natural, adventurous, and serene.
Each charming home is thoughtfully designed for comfort and style with:
2 Bedrooms, 1 European-Style Full Bathroom — with a clever layout featuring a separate ceramic-tiled shower/vanity room and a separate toilet/sink room for modern functionality
Full-Size Kitchen with Breakfast Nook
Spacious Living Room
Oversized Rear Screened Lanai — where your guests or tenants will be enveloped in nothing but natural beauty and tranquility
In-Home Laundry Room.
Tucked beneath a canopy of trees, these homes are set on separate lots with individual electric meters, private septic tanks, and a shared well maintained under a simple, efficient service plan. Enjoy easy access via nearby US Highway 19/Suncoast Blvd, and quick proximity to all modern conveniences—grocery stores, on-the-water restaurants, adventure outfitters, and more!
3 homes are active short-term vacation rentals. 2 homes are long-term rentals.
Options abound: rent out all five for maximum income, live in one and rent the others, or create your own multi-family compound—each family can own one and still enjoy the peace and proximity of togetherness.
This is a turnkey investment with strong ROI potential—perfect for the savvy investor or family looking to invest in lifestyle and legacy.
No Flood Zone. No HOA. Each lot is . 70 acres for a total of 3. 5 acres being sold together. The lots back up to the buffer land owned by Sugarmill Woods. . . so you will never have any rear neighbors and will enjoy the privacy that brings you.
Serious inquiries only. All buyers must provide a pre-approval letter or proof of funds prior to showings. Additional financials and rental history available upon request.
Features
- Units: 5
- Lot Size: 510 x 297
- Laundry: Laundry Room
- Year Built: 2019
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 822
- Acreage: 3.5
- Lot Size: 510 x 297
- Est. Taxes: $1,949
- Lot Desc: In County, Level, Oversized Lot
- View: Trees/Woods
- Pet Policy: Yes
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- MLS#: W7875662
- Days on Market: 3 days
- Website: https://www.raveis.com
/prop/W7875662/10627startanpoint_homosassa_fl?source=qrflyer
Listing courtesy of HOME LAND REAL ESTATE INC Phone: 352-556-0909
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
10627 S TARTAN POINT, Homosassa, FL, 34446
$1,190,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $952,000 | $952,000 | $952,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.911% | 6.764% | 6.601% |
| Monthly Tax Payment | $162 | $162 | $162 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,862 | $6,096 | $8,293 |
| Total Monthly Payment | $6,149 | $6,383 | $8,580 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388