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Sold

Sold·Closed Jul 11, 2025·38 days on market

561 Hillsborough Avenue

Florahome, FL 32140

$435,000sold priceListed at $450,000 · 96.7% of asking$286/sqftMLS# 2083295
4
Beds
2
Baths
1,520
Sq Ft
1976
Built
—
Garage
No
Pool
No HOA1.41 acresWaterfrontSingle Family Residence1 story

About this home

Florahome

Escape to this charming 4-bed, 3-bath lake house that features beautiful tongue n groove ceilings and vinyl plank throughout, all while on 1.41 acres along Georges Lake in Florahome. Perfect for weekend getaways or embracing the lake life full-time, this home offers a serene retreat for families. Enjoy a private dock with a concrete bulkhead, sandy-bottom waterfront, boat ramp, and boat lift—ideal for water enthusiasts. The property also features a convenient carport. Live the Lakeside Dream.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 7.4% · 30yr$2,409
Estimated total, before insurance$2,409/mo
Seller’s 2024 tax billper the MLS — includes any CDD / assessments$3,791/yr · $316/mo
  • • Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
  • • In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
  • • Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be (that applies to the reference bill above too).
Mortgage calculator — adjust rate & down payment

Cost to own

Mortgage calculator

$435,000
$87,000
Loan Term
Monthly Payment
$2,409
Principal & Interest: $2,409
Insurance (est.): $290
Estimated Total Monthly
$2,699
*30-year loan at 7.4% APR (avg 30-yr rate 2026-10-15, Freddie Mac PMMS via FRED). Taxes vary by county; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Around this address

Nearby, from public data

The closest public beach, park, water access and league fields from this home's location.

Not from the MLS. Places from FWC, FDEP, the water districts, the counties and the cities; distances are straight-line from this home unless a drive time is shown. Fees, hours and access change, so check the agency’s page before you go.

Cost to own

Taxes & assessment

2024 property taxes (current owner): $3,791/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Sources: Florida DOR certified tax roll, NEFMLS.

Closed sales

What sold nearby

Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $216/sq ft; this home is listed at $296/sq ft.

AddressClosedPrice$/sq ftBd/BaSq ftDOMMiles
567 W Hillsborough Avenue, Florahome, FL 32140Listed by DUAL STATE REAL ESTATE INCJul 2026$435,000$2703/21,6101610
111 Holly Drive, Florahome, FL 32140Listed by MOMENTUM REALTYJul 2026$269,900$1463/2.51,848800.1
510 W Hillsborough Avenue, Florahome, FL 32140Listed by COLDWELL BANKER BEN BATES INCSep 2025$175,000$1382/21,2681480.4
128 Santa Rosa Street, Florahome, FL 32140Listed by UNITED REAL ESTATE GALLERYAug 2026$409,000$2164/21,896820.7
127 Rainbow Drive, Florahome, FL 32140Listed by MILLER REAL ESTATE, INCJun 2026$253,000$1394/21,824530.9
209 Beach Drive, Florahome, FL 32140Listed by HERRON REAL ESTATE LLCJun 2026$415,000$2183/2.51,904400.9

Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.

Features

Price$450,000
Price / Sq Ft$296
Bedrooms4
Bathrooms2.00
Full Baths2
Square Footage1,520
Acres1.41 acres
Year Built1976
TypeResidential
Sub-TypeSingle Family Residence
StatusClosed
# of Carport Spaces1
Has PoolNo
Is WaterfrontYes

Community Information

Address561 Hillsborough Avenue, Florahome, FL 32140
Area576-Georges Lake
SubdivisionLakeside Hills
CityFlorahome
CountyPutnam
StateFL
Zip Code32140
Lot Size61,419.6 sq ft
Parcel Number130824510500000020

Amenities

UtilitiesElectricity Connected
SewerSeptic Tank
Water SourceWell
ParkingDetached Carport
Waterfront TypeCanal Front, Lake Front

Interior

AppliancesDishwasher, Electric Oven, Microwave, Refrigerator
HeatingCentral, Heat Pump
CoolingCentral Air
# of Stories1

Exterior

Road SurfaceAsphalt

Additional Information

Date ListedApril 23, 2025
Days on Market38
Tax Amount$3,791.33
Tax Year2024
Listing TermsCash, Conventional, VA Loan
55+ CommunityNo
New ConstructionNo

Listing Courtesy of: TREVOR WATERS REALTY, INC.

Sold by: TREVOR WATERS REALTY, INC. (buyer's brokerage)

Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.

Your Local Realtor

Krista Fracke - Broker Associate

Krista Fracke

Broker Associate

This home sold on Jul 11, 2025. If you own nearby and want to know what this sale means for your value, or you're shopping this street, I can walk you through it.

Text Krista about this saleHomes for sale nearby →

20+ years · 500+ closings · NE Florida

Is this home priced right?

Ask Krista and she'll email you her read on how this price compares with recent sales nearby.

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