Date
Details
Price
Change
Source
7/29/2026
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/50
$599,000
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Property Description
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!
Full Property Details
Full Property Details for 506 Lake St
General
- Price: $599,000
- Taxes: $771 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM729247
- Updated: 7/29/2026
- Added to Site: 17 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 7
- 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
- Furnishings: Unfurnished
- Flooring: Carpet, Laminate, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup, Laundry Closet, Washer Hookup
Exterior
- Exterior Features: Private Mailbox, Private Yard, Rain Gutters, Storage
- Deck/Patio: Covered, Front Porch, Rear Porch
- Porch/Patio/Deck: Covered, Front Porch, Rear Porch
Location
- Area: 34450 - Inverness
- County: Citrus
- Development Name: 34450 - Inverness
- Subdivision: HAWKINS ADD
- Driving 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.
- Direction Faces: East
School Information
- Elementary School: Inverness Primary School
- Middle School: Inverness Middle School
- High School: Citrus High School
Community
- Community Name: 34450 - Inverness
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Private Sewer
- Water District: LAKE HENDERSON
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Vinyl Siding, Wood Frame
- Roof: Metal, Shingle
- Stories/Levels: One
- Square Feet: 1,358
- Sq. Ft. Source: Public Records
- Year Built: 1930
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Water
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,410
- Lot Size: 5410
- Lot Dimensions: 50 x 97
- Frontage: Street Paved
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Lake - Chain of Lakes
- Water Extras: Yes
- Water Front Name: LAKE HENDERSON
- Water Front Desc.: Lake - Chain of Lakes
Financial Considerations
- Tax Amount: $771.35
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- 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 Zone Info: AE
- APN: 20E19S170020001600040
- Property ID: 20E19S170020001600040
- Block/Lot/Section: 16
Listed by Keller Williams Cornerstone Re
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Listing agents
— 506 Lake St —
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Schools
Schools serving 506 Lake St
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Inverness Primary School 206 South Line Avenue, Inverness, FL 34452 | PK-5 | 0.5 mi |
Citrus Virtual Instruction Program 1007 West Main Street, Inverness, FL 34450 | K-12 | 0.6 mi |
Inverness Middle School 1950 U.S. 41, Inverness, FL 34450 | 5-8 | 0.7 mi |
Citrus High School 600 West Highland Boulevard, Inverness, FL 34452 | 9-12 | 0.6 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 506 Lake St
Tax History
Tax History for 506 Lake St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$771
5%
$84,776
-58%
2024
$734
-8%
$200,653
3%
2023
$801
16%
$195,015
62%
2021
$691
-6%
$120,454
-25%
2022
$736
7%
$160,995
44%
2021
$691
-2%
$111,772
57%
2018
$703
—
$71,327
2%
2017
$702
1%
$69,860
3%
2016
$698
-1%
$67,970
-1%
2015
$704
1%
$68,453
-6%
2019
$697
-4%
$72,682
7%
2014
$729
-2%
$67,910
-4%
2013
$746
—
$71,101
—
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 506 Lake St
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506 Lake Street, Inverness, FL 34450 (MLS# OM729247) is a Single Family property with 4 bedrooms, 1 full bathroom and 2 partial bathrooms. 506 Lake Street is currently listed for $599,000 and was received on July 29, 2026. Want to learn more about 506 Lake Street? 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.