515 ELLA AVE, Inverness, FL 34450
515 ELLA AVE, Inverness, FL 34450
515 ELLA AVE, Inverness, FL 34450
38
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$72,111
Est. payment /mo
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2 Beds
1 Bath
902 SqFt
New

515 ELLA AVE Inverness, FL 34450

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Tim Terpening

Tim Terpening

+1(813) 545-5302

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 902 sqft

Price per Sqft $79

Subdivision Not In A Subdivision

MLS Listing ID OM727203

Bedrooms 2

Full Baths 1

Construction Status Fixer

HOA Y/N No

Year Built 1945

Annual Tax Amount $1,075

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 80x180

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

Investor opportunity with RO (Residential/Office) zoning located just minutes from downtown Inverness. This 2-bedroom, 1-bathroom property is in need of substantial repairs and is being sold strictly as-is for cash buyers only. The home requires a new roof as soon as possible and has foundation issues that will need to be addressed. A portion of the living room was enclosed to create a flex space that may function as a third bedroom. Atleast two rooms have visible ceiling water damage, and there may be subfloor damage beneath stored personal property currently occupying those areas. Tarps are presently installed on the roof to help prevent additional water intrusion. The property does not have central air conditioning and is cooled by window units only. The condition of the plumbing and electrical systems is unknown. The interior shower is currently non-operational, and an outdoor shower is being used instead. Seller does not occupy the property and makes no representations regarding the condition of the home. Information provided is based on public records; buyers and buyer's agents are responsible for conducting all due diligence. The property is tenant occupied. Do not disturb tenants and do not visit the property without an appointment. Showings will be limited and are expected to occur primarily on weekends, as the tenant must be present during showings. The shed does not convey with the sale. Tenant indicates vehicles on the property will be removed prior to closing; however, any personal property remaining after closing will become the responsibility of the buyer. Conveniently located near shopping, restaurants, parks, public boat ramps, fishing, boating, and other outdoor recreation. RO zoning is intended to accommodate residential use alongside certain low-impact professional and administrative office uses; buyers should verify all permitted uses with the local zoning department. Cash offers only. Must use seller's title company, Legal Counsel PA in Winter Garden, for closing with no exceptions. Preferred earnest money deposit is $7,500. Inspection period not to exceed 3 days. Closing to occur in 35 days of accepted contract. Assignment of contract is not permitted.

Location

State FL

County Citrus

Community Not In A Subdivision

Area 34450 - Inverness

Zoning RO

Interior

Interior Features Open Floorplan

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Carpet, Other

Furnishings Unfurnished

Fireplace false

Appliance Range, Refrigerator

Laundry Electric Dryer Hookup, Outside, Washer Hookup

Exterior

Exterior Feature Private Mailbox, Private Yard

Utilities Available Cable Available, Electricity Connected, Water Connected

View Trees/Woods

Roof Type Shingle

Exposure East

Garage false

Private Pool No

Building

Lot Description Irregular Lot

Story 1

Entry Level One

Foundation Pillar/Post/Pier

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water Public

Structure Type Wood Siding

New Construction false

Construction Status Fixer

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM727203

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Ashley Grieg REAL BROKER, LLC

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515 ELLA AVE