38600 NAOMI AVENUE Zephyrhills, FL $ 349,900
38600 NAOMI AVENUE
$ 349,900
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38600 NAOMI AVENUE

Zephyrhills, FL, 33542
$ 349,900
Bedrooms4 Baths2.0 Sq 1,404

Monthly Estimate*

$ 2,183

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Multi-Family Home for sale in Zephyrhills, FL

for $349,900 with 4 bedrooms and 2 full baths. This 1,404 square foot home was built in 1982 on a lot size of 0.23.

Discover a turnkey duplex property in the heart of Zephyrhills with this well-maintained duplex that does NOT require flood insurance, has NO HOA, and the listing agent/owner is open to creative financing with 20% down! Each unit is separately metered, and each unit consists of 2 bedrooms and 1 bathroom. This solid block 1982-built duplex offers dependable rental income, low maintenance, and strong tenant demand in a rapidly redeveloping and growing area of Zephyrhills. This duplex features 1,404 sq ft of heated living space, a screened-in back patio separated for each unit, a spacious, fully fenced backyard, and a dedicated storage shed. The property has previously been leased at $1550, demonstrating consistent rental performance. Tenants enjoy separately metered central air, electric heating, and a full suite of appliances, including a range, refrigerator, dishwasher, washer, dryer, and electric water heater. With no HOA and minimal owner expenses, this property is ideal for investors seeking stable cash flow. Located just minutes from US-301, shopping, dining, and downtown Zephyrhills, this duplex sits in a quiet residential neighborhood with strong rental demand. Whether you’re expanding your portfolio or entering the investment market, this income-producing property is ready to perform from day one. These have been used as both Airbnb and long-term annual rentals in the past. Roof is less than 5 years old. You could also live in one unit and rent out the other! Listing agent is an owner in the LLC

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Multi-Family Active

Price

$ 349,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,915

Style

Duplex

Lot Size

0.23

Year Built

1982

Town/City

Zephyrhills

County/Region

Pasco

MLS | Web ID

TB8460327

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Negotiable
Roof Shingle
Appliances Cooktop Dishwasher Dryer Microwave Refrigerator Washer
Zoning R3
Patio/Porch Features Covered Rear Porch Screened
Security Features Security Lights Smoke Detector(s)
Construction Materials Block
Year Built 1982
Tenant Pays Electricity Sewer Trash Collection Water
Levels One
Property Subtype Duplex
Tax Year 2024
Ownership Fee Simple
Gross Income 37200
County Pasco
New Construction false
Property Type Residential Income
Attached Garage false
Subdivision Name REESE ADD
Garage Y/N false
Status Active
Directions From I75 go north on 301 turn right on South Ave turn left on 16th Street slight left on 16th Street turn right on Naomi duplex on the right.
City ZEPHYRHILLS
Senior Community Y/N false
Number Of Units Total 2
MLS Area 33542 - Zephyrhills
Lot Size Units Square Feet
Lot Size Square Feet 10229
Carport Y/N false
Listing Terms Cash Conventional FHA Lease Option Lease Purchase Other Owner May Carry Special Funding VA Loan
Land Lease Y/N false
Tax Annual Amount 3915.8
Property Condition Completed
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8460327
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 8
Total Actual Rent 3100
Legal Description REESE ADDITION UNREC PLAT OF LOTS 5 & 8 BLOCK 5 OF OAK PARK PB 2 PG 75 LYING IN W1/2 OF SE1/4 OF SEC 2:LOT 7 LESS THE WEST 14.39 FT THEREOF AND THE WEST 15.5 FT OF LOT 8 & DESC AS FOLL:THE WEST 80.00 FT OF EAST 143.39 FT OF LOT 5 BLOCK 5 LESS NORTH 5 0 FT THEREOF FOR ROAD R/W AND TOGETHER WITH THE NORTH 12.51 FT OF WEST 80.00 FT OF EAST 143.39 FT OF LOT 8 BLOCK 5;SUBJECT TO UTILITY EASEMENT OVER SOUTH 10.00 FT THEREOF;ALL LYING WITHIN ZEPHYRHILLS COLONY COMPANY LANDS PB 2 PG 6
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) Eating Space In Kitchen
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Window Treatments
Fireplace Y/N false
Laundry Features Laundry Room
Total Bedrooms 4
Total Baths 2
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Exterior
Exterior Amenities Fenced
Water Source Public
Lot Size Area 10229
Foundation Details Slab
Number of Buildings 1
Building Area Total 1852
Lot Size Acres 0.23
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Number of Separate Water Meters 2
Number of Separate Electric Meters 2
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Lpt Realty, Llc

Broker

PremierFLhomes@gmail.com

Email

Affordability Calculator

$2,509
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,183
Monthly Property Taxes
$326
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/2/2026$349,900 Listed Price

Map


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38600 NAOMI AVENUE, Zephyrhills, FL, 33542 is a Multi-Family Home for sale at $349,900 with 1,404 sqft and a lot size of 0.23. 38600 NAOMI AVENUE has 4 bedrooms, 2.0 baths, and was built in 1982. The property's zip code is 33542 which is in Zephyrhills, FL