


$599,000
506 Lake Street
Inverness, FL 34450
Listing updated: August 11, 2026 at 10:25 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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!
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 history13 days on market
- Status: ActiveJul 29, 2026
- Listed$599,000Jul 29, 2026
- Price increased$599,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 13
- Subdivision
- Hawkins Add
- County
- Citrus
- Year built
- 1930
- Living area
- 1,358 sq ft
- Price/sq ft
- $441
- Building area
- 1,426 sq ft (Public Records)
- Lot size
- 5,410 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12017C0354D)
- Annual taxes
- $771 (2025)
- Parcel #
- 20E-19S-17-0020-00160-0040
- Zoning
- LMD
- MLS #
- OM729247
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 1
- Half bathrooms
- 2
- Flooring
- Carpet, Laminate, Luxury Vinyl
- Appliances
- Dryer, Electric Water Heater, Microwave, Range, Washer
- Interior features
- Ceiling Fans(s), High Ceilings, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s)
- Laundry
- Electric Dryer Hookup, Laundry Closet, Washer Hookup
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Private Mailbox, Private Yard, Rain Gutters, Storage
- Construction materials
- Vinyl Siding, Frame
- Roof
- Metal, Shingle
- Foundation
- Block, Pillar/Post/Pier
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Private Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
Schools
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
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 17.1x17.5 |
| Kitchen | First | 7.8x17 |
| Family Room | First | 10.9x13.11 |
| Primary Bedroom | Second | 10x13.11 |
| Bedroom 2 | First | 11.2x11.2 |
| Bedroom 3 | First | 9x11.1 |
| Bedroom 4 | Second | 8.7x14.1 |
Listing Details
- Listing date
- 2026-07-28
- On market date
- 2026-07-29
- Original list price
- $599,000
- Occupant type
- Owner
- MLS area
- 34450 - Inverness
- Listing AOR
- Ocala - Marion
- Status changed
- 2026-07-29
- Tax legal description
- HAWKINS ADD TO TOWN OF INVERNESS PB 1 PG 36 LOT 4 LESS E 3 FT & E 5 FT OF LOT 5 BLK 16
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Off Highway i75 take a right onto SW College Rd, turn left onto N Florida Ave in 21 miles and left onto Zephyr St in 5 miles. Turn left onto N Line Ave in 0.4 miles then the destination will be on your left in 450ft.
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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 August 11, 2026 at 10:25 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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