506 LAKE STREET, INVERNESS, FL 34450

$599,0004 Beds3 Baths1,358 Sq. Ft.$441 / sq. ft.

INVERNESS, FL 34450 · MLS# OM729247 · Active · HAWKINS ADD

Status
Active
Type
Single Family Residence
Year Built
1930
Days on Market
1
Lot Size
5,410 sqft
MLS #
OM729247
County
Citrus

Description of 506 LAKE STREET, INVERNESS, FL 34450

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!

Property Details for 506 LAKE STREET, INVERNESS, FL 34450

Bathrooms Full
1
Bathrooms Half
2
Interior Features
Ceiling Fan(s), High Ceilings, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s)
Appliances
Dryer, Electric Water Heater, Microwave, Range, Washer
Flooring
Carpet, Laminate, Luxury Vinyl
Heating
Central
Cooling
Central Air
Furnished
Unfurnished
Pool Private
No
Direction Faces
East

Building Information for 506 LAKE STREET, INVERNESS, FL 34450

Building Area Total
1426
Building Area Units
Square Feet
Stories Total
2
Association
No

Property Information for 506 LAKE STREET, INVERNESS, FL 34450

Lot Features
Cleared, Landscaped, Level
Lot Size Square Feet
5,410
Waterfront
Yes
Waterfront Features
Lake - Chain of Lakes
View
Water
Construction Materials
Vinyl Siding, Wood Frame
Roof
Metal, Shingle
Exterior Features
Private Mailbox, Private Yard, Rain Gutters, Storage
Sewer
Private Sewer
Water Source
Public
New Construction
No

Public Records for 506 LAKE STREET, INVERNESS, FL 34450

Parcel Number
20E19S170020001600040
Tax Annual Amount
$771
Tax Year
2025
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
Zoning
LMD
County Or Parish
Citrus

Schools Near 506 LAKE STREET, INVERNESS, FL 34450

Elementary School
Inverness Primary School
Middle School
Inverness Middle School
High School
Citrus High School

School assignments are provided by the listing and should be independently verified.

Payment Calculator

Estimated Payment
$3,393/mo
Principal & Interest
$3,029
Property Taxes
$64
Home Insurance
$300

Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.

Location

506 LAKE STREET, INVERNESS, FL 34450 · See all Inverness homes for sale

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More information about 506 LAKE STREET, INVERNESS, FL 34450

506 LAKE STREET is a single family home for sale in INVERNESS, FL 34450. This property was listed for sale on July 28, 2026 by KELLER WILLIAMS CORNERSTONE RE, it's currently listed at $599,000. This listing's school district is Citrus Public Schools. Nearby schools include Inverness Primary School, Inverness Middle School and Citrus High School. 506 LAKE STREET is a 4-bed, 3-bath, 1,358 sqft single family home built in 1930.