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Property Description
BACK ON THE MARKET DUE TO A BUYER ISSUE! Welcome to your own slice of waterfront paradise on highly sought-after Gospel Island. Nestled beneath majestic grandfather oaks on a beautifully landscaped 0.42-acre lot, this charming 2-bedroom, 2-bath home offers 90 feet of freshwater canal frontage with direct access to Lake Henderson and the Tsala Apopka Chain of Lakes, one of Citrus County's premier destinations for boating, fishing, kayaking, and waterfront recreation. Inside, you'll find 1,301 square feet of comfortable living space featuring a spacious split-bedroom floor plan, luxury vinyl plank flooring, a cozy wood-burning fireplace, French doors, and abundant natural light. Recent improvements provide peace of mind, including a metal roof (2013), AC (2019), garage door (2022), water heater (2025), and new carpet (2025). Step outside and enjoy the Florida lifestyle you've been dreaming of. Relax on the covered porch overlooking the water, watch breathtaking sunsets paint the sky, or launch your next adventure from your own backyard. The property also features mature landscaping, storage shed, additional shed or "she-shed" and ample outdoor space for entertaining, gardening, or simply enjoying the peaceful surroundings. Located just minutes from historic downtown Inverness, you'll enjoy convenient access to local restaurants, shopping, medical facilities, parks, golf courses, festivals, and the Withlacoochee State Trail while still enjoying the privacy and tranquility of waterfront living. Whether you're searching for a full-time residence, seasonal getaway, retirement retreat, or investment opportunity, this home offers a rare combination of waterfront access, privacy, character, and location. Best of all, there is no HOA. Don't miss this opportunity to own a piece of the Florida lifestyle in one of Inverness's most desirable waterfront communities.
Full Property Details
Full Property Details for 1106 S Otto Point
General
- Price: $353,000
- Taxes: $27 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8516862
- Updated: 6/8/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Window Treatments
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System
- Furnishings: Unfurnished
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Garage
Exterior
- Exterior Features: French Doors, Other
- Deck/Patio: Covered, Patio, Rear Porch
- Porch/Patio/Deck: Covered, Patio, Rear Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport: 2
- Carport Spaces: 2
- Covered Spaces: 4
Location
- Area: 34450 - Inverness
- County: Citrus
- Development Name: 34450 - Inverness
- Subdivision: ALLENS PT
- Driving Directions: From US Hwy 41 S in Inverness, turn onto E Vine Street. Continue onto Gospel Island Road, then turn right onto S Waterview Drive. Continue to S Otto Point. Property will be on the right.
- Direction Faces: Northwest
School Information
- Elementary School: Inverness Primary School
- Middle School: Inverness Middle School
- High School: Citrus High School
Community
- Community Name: 34450 - Inverness
- Community Features: Fishing, Lake, Water Access, Waterfront, Golf Carts OK, Park
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Cable Connected, Electricity Connected
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Exterior Const.: Block, Stucco
- Roof: Metal
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 1,301
- Sq. Ft. Source: Public Records
- Year Built: 1978
Additional Structures
- Other Structures: Other, Shed(s)
Lot Features
- Property View: Trees/Woods, Water
- Lot Size (Acres): 0.42
- Lot Size (Sq. Ft.): 18,207
- Lot Size: 18207
- Lot Dimensions: 90 x 182
- Street/Road Desc.: Asphalt, Paved
Water Features
- Water View: Yes
- Water Front Desc.: Lake, Waterfront
Financial Considerations
- Tax Amount: $27
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: ALLENS POINT LOT 25 DESC IN OR BK 506 PG 622
- Flood Zone Info: X500
- APN: 20E19S090100000000250
- Property ID: 20E19S090100000000250
- Block/Lot/Section: 1735599
Listed by Align Right Realty Carrollwood
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Schools
Schools serving 1106 S Otto Point
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Inverness Primary School 206 South Line Avenue, Inverness, FL 34452 | PK-5 | 2 mi |
Citrus Virtual Instruction Program 1007 West Main Street, Inverness, FL 34450 | K-12 | 2.4 mi |
Inverness Middle School 1950 U.S. 41, Inverness, FL 34450 | 5-8 | 2.2 mi |
Citrus High School 600 West Highland Boulevard, Inverness, FL 34452 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1106 S Otto Point
Date
Details
Price
Change
Source
6/08/2026
Listed
$353,000
14.61%
MLS
11/14/2022
Sold
$308,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1106 S Otto Point
Year
Property Taxes
Change
Tax Assessment
Change
2025
$27
-97%
$139,279
-35%
2024
$827
3%
$213,376
-5%
2023
$805
27%
$224,264
74%
2021
$635
-1%
$128,929
-23%
2022
$644
1%
$167,525
40%
2021
$635
14%
$119,946
83%
2018
$556
-1%
$65,715
2%
2017
$559
-2%
$64,363
2%
2016
$570
-1%
$63,039
1%
2015
$576
—
$62,601
-7%
2019
$576
-12%
$66,964
-6%
2014
$653
-3%
$71,000
-1%
2013
$670
—
$71,747
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1106 S Otto Point
1106 S Otto Point, Inverness, FL 34450 (MLS# TB8516862) is a Single Family property with 2 bedrooms and 2 full bathrooms. 1106 S Otto Point is currently listed for $353,000 and was received on June 08, 2026. Want to learn more about 1106 S Otto Point? Do you have questions about finding other Single Family real estate for sale in Inverness? You can browse all Inverness real estate or contact a Coldwell Banker agent to request more information.

