About This Home

This 4-bedroom, 3-bathroom single family at 506 Lake Street in Inverness, FL is listed for $599,000 ($441 per sqft). Built in 1930, the home offers 1,358 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 1930
  • 0.12 acre lot
  • Waterfront

Property Details

1 full, 2 half
1930

Amenities

WaterfrontViewA/CRV Parking
Listing Description

Experience the charm of Inverness' Historic District with this beautiful waterfront home offering 4 bedrooms, 1 full bath, and 2 half baths on Lake Henderson with direct access to the Tsala Apopka Chain of Lakes. Whether you enjoy boating, fishing, kayaking, paddleboarding, or simply taking in the peaceful water views, this property offers the perfect Florida lifestyle.

As you step inside, you are welcomed by a spacious living room filled with natural light. The main level features two bedrooms, including a primary suite with a full ensuite bathroom. The galley kitchen offers a gas stove, plenty of cabinets, and ample countertop space for preparing meals.

Just off the kitchen is a versatile bonus room with stunning views of the backyard and lake, making it the perfect space for a dining room, sitting area, playroom, home office, or art studio. Upstairs, you will find two additional guest bedrooms and a half bath, all while enjoying more beautiful views overlooking the water.

Step outside to your own private waterfront retreat. The backyard features a storage shed for all your outdoor equipment and a private dock where you can tie up your boat, jet skis, or kayaks, or spend the day fishing right from your backyard. Whether you're searching for a profitable short term vacation rental, a long term investment property, a peaceful winter retreat, or your forever home, this property offers incredible flexibility.

Its prime waterfront location, close proximity to downtown Inverness, and access to the Chain of Lakes make it an attractive option for both homeowners and guests alike. Located just minutes from the heart of downtown Inverness, you will enjoy easy access to locally owned restaurants, boutique shopping, coffee shops, parks, entertainment, festivals, and so much more.

Combining historic charm, waterfront living, and an unbeatable location, this home offers the opportunity to enjoy everything the Nature Coast has to offer!

Monthly Cost Estimate

$3,204/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,596
Insurance$175

Estimates only. Actual payments may vary.

Location

506 Lake Street

Inverness, FL 34450

City of Inverness

Features & Amenities

Interior Features

HighCeilingsLaminateCountersMainLevelPrimaryPrimarySuiteVaultedCeilingsWoodCabinets

Exterior Features

LandscapingRainGuttersConcreteDriveway

Property Details

Flooring

VinylCarpetLaminate

Construction

Frame VinylSiding

Views

Lake

Outdoor Features

Deck

Parking

RVDriveway

Heating

CentralElectric (Heating)

Cooling

Central Air

Appliances

DryerGasCooktopGasOvenGasRangeMicrowaveRefrigeratorWaterHeaterWasher

Questions & Answers

This 4-bedroom, 3-bathroom single family at 506 Lake Street is listed at $599,000 ($441/sqft). The estimated monthly payment is $3,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.12 acre lot, Waterfront. Interior Features: HighCeilings, LaminateCounters, MainLevelPrimary. Exterior Features: Landscaping, RainGutters, ConcreteDriveway.

This property is listed by Alexus Macblain.

AM

Alexus Macblain

License 3471186

Agent at Armstrong Realty & Development

Listed by Armstrong Realty & Development · Broker phone: 3525471070 · View on Broker Site

MLS# 856641· Source: REALTORS Association of Citrus County, Inc.· 93 days on PropertySimple

Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

506 Lake Street, Inverness, FL 34450

Open this listing in: