Mediterranean home in Leesburg, FL
This Mediterranean home in Leesburg, FL offers 3 bedrooms and 2 bathrooms across 1,751 square feet. It sits within the greater St. Petersburg, FL area.
| Price | $260,000 |
|---|
| Beds | 3 |
|---|
| Baths | 2 |
|---|
| Sqft | 1751 |
|---|
| Architectural style | Mediterranean (47% match) |
|---|
| Address | 4431 NOTTOWAY DRIVE, Leesburg, FL 34748 |
|---|
Why buy this home
- Confirmed Mediterranean architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $260K, this home is 65% below the $738K median for 96 similar Mediterranean homes in St. Petersburg, FL.
- That works out to $148 per square foot, 53% below the $316 comparable rate.
- On the market 10 days.
| This home | $260,000 |
|---|
| Mediterranean median in St. Petersburg, FL | $737,500 (96 homes) |
|---|
| Price per sq ft | $148 vs. $316 comps median |
|---|
It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,718/month with 20% down at a 7.28% 30-year fixed rate. You would need about $73,621 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,423/mo |
|---|
| Property tax (new-buyer reassessed rate) | $197/mo |
|---|
| Homeowners insurance | $98/mo |
|---|
| Total monthly | $1,718/mo |
|---|
| Down payment (20%) | $52,000 |
|---|
| Income needed | $73,621/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (67 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (67/100) |
|---|
| Beats renting in | 22% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $134,194 |
|---|
| Range (10th to 90th pct) | $81,172 to $197,826 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Miami, FL where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Trulia