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Citrus County · Homosassa, FL 34448

Dirt Cheap Manufactured Home Renovate or Build New!

$50,000
2
Beds
2
Baths
1,056
Sq ft
1981
Year built
$85K spread

About this property

Manufactured Home on Owned Land | Rehab or Tear-Down/New Build Villa Terrace, Citrus County - Manufactured home on two combined lots (.33 acres, 14,161 sq ft), owned land, zoned MDRMH. Needs major rehab - interior is stripped down to studs/subfloor in sections, heavy deferred maintenance throughout. Two clear exit strategies: full gut rehab or tear down and build new on the owned double lot. Property Snapshot: Owned land, no lot rent - Villa Terrace subdivision 2 BR / 2 BA, 1,056 sq ft (per county records) Built 1981, metal siding/wood frame, minimal foundation Lot: 65' frontage x 125' depth - two lots (1 & 2, Block 327) Extras: chain link fence, 2 carports, 2 utility buildings, screened porch, open porch 2025 assessed value: $81,377 (land $16,000 / improvements $65,377) Zoning MDRMH supports mobile home or manufactured housing rebuild Condition: Interior gutted in multiple rooms, exposed subfloor and framing, deferred maintenance throughout - priced for rehab or land value.

Property snapshot

Layout2 Bed / 2 Bath
Living area1,056 sq ft
Lot size0 sq ft
Year built1981
Property typeLand
CountyCitrus County

Deal details

Asking price$50,000
ARV estimate$135,000
Spread (ARV − asking)$85,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$50K
ARV est.
$135K
Spread
$85K
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M
Ms. Meriam
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