$72,111
515 Ella Avenue
Inverness, FL 34450
Listing updated: June 24, 2026 at 9:38 AM ET
Listing courtesy of Real Broker, Llc · Ashley Grieg · MLS #OM727203 · Active · 855-450-0442Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history1 days on market
- Status: ActiveJun 23, 2026
- Listed$72,111Jun 23, 2026
- Price increased$72,111
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 1
- Subdivision
- Not In A Subdivision
- County
- Citrus
- Year built
- 1945
- Living area
- 902 sq ft
- Price/sq ft
- $80
- Lot size
- 12,859 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12017C0352D)
- Annual taxes
- $1,075 (2025)
- Parcel #
- 20E-19S-07-0000-23235
- Zoning
- RO
- MLS #
- OM727203
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 1
- Flooring
- Carpet, Other
- Appliances
- Range, Refrigerator
- Interior features
- Open Floorplan
- Laundry
- Electric Dryer Hookup, Outside, Washer Hookup
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Electric
- Cooling
- Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Listing terms
- Cash
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Private Mailbox, Private Yard
- Construction materials
- Wood Siding
- Roof
- Shingle
- Foundation
- Pillar/Post/Pier
- Road surface
- Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- Cable Available, Electricity Connected, Water Connected
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | |
| Primary Bathroom | First | |
| Kitchen | First | |
| Living Room | First |
Listing Details
- Listing date
- 2026-06-23
- On market date
- 2026-06-23
- Original list price
- $72,111
- Occupant type
- Tenant
- MLS area
- 34450 - Inverness
- Listing AOR
- Orlando Regional
- Status changed
- 2026-06-23
- Tax legal description
- COM AT SW COR OF N 275 FT OF E1/2 OF SE1/4 OF SW1/4 OF SE1/4 TH N 80 FT TO STAKE TH E 36 FT S 80 FT W 36 FT TO POB DESC IN OR BK 99 PG 422 & COM AT SW COR OF N 27 5 FT OF E1/2 OF SE1/4 OF SW1/4 OF SE1/4 TH N 80 FT TO STAKE TH E 36 FT TO ANOTHER STAKE FOR POB OF LANDS HE REIN CONVEYED TH S 80 FT TO ANOTHER STAKE TH E 36 FT 5 IN TH N 80 FT MOL TO PT THAT IS E 27 FT 10 IN FROM POB TH W 27 FT 10 IN TO POB DESC IN OR BK 104 PG 559 & 1 00 FT WD STRIP BEING 50 FT WD ON EACH SD OF CTRLN OF R D BE D OF F ORMER MAIN TRACK OF S FLA RR CO EXT NW'LY FROM S LN OF SEC 715 FT MOL TO N LN OF SE1/4 OF SW1/4 OF SE 1/4 DESC IN OR BK 162 PG 358 & BEG AT NW COR OF S 385 F TO E1/2 OF SE1/4 OF SW1/4 OF SE1/4 TH E AL N LN OF SD S 385 FT OF E1/2 OF SE1/4 OF SW1/4 OF
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Heading West on Main St from downtown Inverness, slight right onto US 41, turn right on W Dampier St, left on Ella Ave, left at light to stay on Ella Ave, turn left down unmarked path, home is on the right at the end of the path. The path is overgrown. It will be best to park along the path and walk up once it gets narrow. The map on MLS is marked properly. GPS will take you to the wrong house.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 24, 2026 at 9:38 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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