1355 Reed Terrace, FL1355 Reed Terrace, FL1355 Reed Terrace, FL
Stellar MLS
1 / 40

$129,900

1355 Reed Terrace

Inverness, FL 34453

Listing updated: June 25, 2026 at 1:23 AM ET

Active
Stellar MLSListing courtesy of Bam Realty Advisors Inc · Roy Barnhart · MLS #W7887049 · Active · 727-378-8585
2
Beds
2
Baths
1,260
Sq Ft
0.24
Acres
1986
Built
$103/sqft
Manufactured Home

Property type

1986

Year built

10,525 sqft

Lot size

$103

Price / sq ft

No HOA

HOA dues

0

Days on market

1

Garage space

X

Flood zone

About this home

Virtually Staged. Deal alert! Investors, flippers, and handy homeowners won't want to miss this opportunity. This single-wide mobile home is situated on a quiet street in beautiful Inverness, Florida, and offers plenty of potential. The property features an attached porch and cabana, two carports, a detached one-car garage, a large utility shed, an additional detached carport, and a huge driveway with abundant parking for vehicles, boats, RVs, or equipment. With so many outbuildings and storage options, the possibilities are endless. Conveniently located near shopping, restaurants, medical facilities, and all that Citrus County has to offer. Cash or Rehab financing is strongly suggested due to the property's current condition. Come take a look and see the potential before this opportunity is gone!

Local Insight

At $103/sqft for a 1986 manufactured home, you're looking at an affordable entry point in Inverness, though you'll want a thorough inspection given the age and potential for foundation or systems issues that can be expensive to address in older units. The location in Highland Trailer Park means you're dealing with a community governed by park rules rather than traditional HOA restrictions, which can offer flexibility but also means the park owner has significant control over lot rent increases and your ability to resell. Being in flood zone X is a genuine advantage here—no flood insurance required—which helps keep long-term carrying costs down on what's already a budget-conscious purchase.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$657
Property taxes$152
Home insurance (est.)$60

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 history0 days on market

  1. Status: Active
    Jun 25, 2026
  2. Listed$129,900
    Jun 25, 2026
  3. Price increased$129,900

Facts & features

Property type
Residential
Sub type
Manufactured Home
Status
Active
Days on market
0
Subdivision
Highland Trailer Park
County
Citrus
Year built
1986
Living area
1,260 sq ft
Price/sq ft
$103
Building area
1,269 sq ft (Public Records)
Lot size
10,525 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12017C0238D)
Garage
1 spaces
Annual taxes
$1,824 (2025)
Parcel #
19E-18S-36-0040-000F0-0040
Zoning
MDRMH
MLS #
W7887049

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Interior Details

Bedrooms
2
Full bathrooms
2
Flooring
Carpet, Linoleum
Appliances
Range, Refrigerator
Interior features
Cathedral Ceiling(s), Eat-in Kitchen, Split Bedroom
Laundry
Other
Stories / Levels
One
Direction faces
Southwest

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
1
Attached garage
No
Parking features
Driveway, Oversized
Carport
Yes

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Min lease term
8-12 Months
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No
Additional lease restrictions
Buyer to verify County Leasing Restrictions.

Exterior & Construction

Exterior features
Private Yard
Construction materials
Vinyl Siding
Roof
Metal
Foundation
Pillar/Post/Pier
Road surface
Asphalt

Utilities

Sewer
Septic Tank
Water source
Well
Utilities
Electricity Connected

Community

Pets allowed
Yes

Schools

ElementaryHernando ElementaryGreatSchools ↗
MiddleInverness Middle SchoolGreatSchools ↗
High SchoolACitrus High SchoolGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Living RoomFirst20x20
Primary BedroomFirst20x20
KitchenFirst20x20

Listing Details

Listing date
2026-06-23
On market date
2026-06-25
Original list price
$129,900
Occupant type
Vacant
Special conditions
Real Estate Owned
MLS area
34453 - Inverness
Listing AOR
West Pasco
Status changed
2026-06-25
Tax legal description
HIGHLANDS TRAILER PARK PB 2 PG 132 LOT 4 BLK F

Flood risk

Minimal riskFEMA Zone XPanel 12017C0238D

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

From Interstate 75, take Exit 329 for County Road 476 (West Bushnell) and head west toward Inverness. Continue on CR 476 as it becomes West Main Street, then merge onto US Highway 41 North toward Inverness. Stay on US-41 North through downtown Inverness, then turn right onto East David Street. Continue a short distance and turn right onto North Reed Terrace. Follow North Reed Terrace to 1355 North Reed Terrace, which will be on your right. The property is located in an established residential neighborhood just a few blocks east of US-41 and close to downtown Inverness.

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MLS GRID

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 25, 2026 at 1:23 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA