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$305,000
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Property Description
Short Sale. Welcome to 306 S Park Avenue, a rare opportunity in the heart of Inverness, Florida! This expansive 7-bedroom, 5-bathroom single-family home offers over 3,300 square feet of living space on a generous 0.37-acre lot. Originally intended for use as an assisted living facility, the property is already city-zoned for such use and previously operated as a shelter for veterans and women. With a 2015 roof, a 2010 water heater, full-house generator with a 250-gallon propane tank (capable of lasting up to 92 hours), a sprinkler system, and a fire alarm system connected to the local fire department, much of the infrastructure is already in place. The home also features luxury vinyl flooring, a spacious office, and ample bedrooms perfect for a large household or specialty housing use. Whether you're seeking a residential home with incredible space or looking to expand into adult care, transitional housing, or community services, this property delivers potential, versatility, and value. Schedule your showing today! List price is not an approved purchase price with the lender/mortgage holder.
Full Property Details
Full Property Details for 306 S Park Ave
General
- Price: $305,000
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: S5128904
- Updated: 12/18/2025
- Added to Site: 218 day(s) ago
Rental Information
- Min. Lease: 1-2 Years
Interior
- Number of Rooms: 12
- Interior Features: Solid Surface Counters
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Furnishings: Negotiable
- Flooring: Ceramic Tile, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: In Garage, Laundry Room
Exterior
- Exterior Features: Other
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Bath In Garage, Converted Garage
Location
- Area: 34452 - Inverness
- County: Citrus
- Development Name: 34452 - Inverness
- Subdivision: INVERNESS TOWN
- Driving Directions: Drive approximately 70 miles west from Orlando on the Florida Turnpike or I-4 to connect with Florida State Road 44. Continue west on SR44 through Wildwood, crossing I-75, then follow it straight into downtown Inverness. From there, head south on US41 to reach 306 S Park Ave
- Direction Faces: East
School Information
- Elementary School: Inverness Primary School
- Middle School: Inverness Middle School
- High School: Citrus High School
Community
- Community Name: 34452 - Inverness
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Brick
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 3,325
- Sq. Ft. Source: Owner
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.37
- Lot Size (Sq. Ft.): 16,250
- Lot Size: 16250
- Lot Dimensions: 100 x 163
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Short Sale
- Legal Description: THE TOWN OF INVERNESS PB 1 PG 36 LOT 9 BLK 72
- Flood Zone Info: x
- APN: 20E19S170050007200090
- Property ID: 20E19S170050007200090
- Block/Lot/Section: 72
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Schools
Schools serving 306 S Park Ave
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Inverness Primary School 206 South Line Avenue, Inverness, FL 34452 | PK-5 | 0.5 mi |
Inverness Middle School 1950 U.S. 41, Inverness, FL 34450 | 5-8 | 1.5 mi |
Citrus High School 600 West Highland Boulevard, Inverness, FL 34452 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 306 S Park Ave
Date
Details
Price
Change
Source
12/18/2025
Price Reduced
$305,000
-18.67%
MLS
10/09/2025
Price Reduced
$375,000
-13.79%
MLS
8/14/2025
Price Reduced
$435,000
-10.12%
MLS
7/07/2025
Price Reduced
$484,000
-1.02%
MLS
6/12/2025
Listed
$489,000
88.08%
MLS
1/11/2024
Sold
$260,000
—
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 306 S Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,138
4%
$281,410
8%
2024
$5,911
-8%
$260,274
-8%
2023
$6,396
16%
$281,646
16%
2022
$5,537
40%
$243,800
40%
2021
$3,966
20%
$174,636
20%
2020
$3,298
—
$145,235
—
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 306 S Park Ave
306 S Park Avenue, Inverness, FL 34452 (MLS# S5128904) is a Single Family property with 7 bedrooms and 5 full bathrooms. 306 S Park Avenue is currently listed for $305,000 and was received on June 12, 2025. Want to learn more about 306 S Park Avenue? 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.

