This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/24
$195,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/24
Property Description
Picture a character-filled older home set just steps from the heart of downtown, where everything you need is within an easy stroll-cafés, small shops, weekend markets, and the quiet hum of a close-knit community. The house itself carries the charm of another era: a front porch great for slow mornings, inside, you might find built-ins, detailed trim, and a layout that feels both cozy and storied, with each room offering its own sense of warmth. What truly sets it apart, though, are the lake views. From the backyard, a balcony, or even a sunroom, the water becomes part of daily life-glassy and calm at sunrise, shimmering in the afternoon, and reflecting soft colors at dusk. There's often a gentle breeze coming off the lake, carrying that fresh, open-air feeling that's hard to replicate. It's the kind of place where you can enjoy the energy of downtown whenever you want, then retreat home to something peaceful, scenic, and full of personality.
Full Property Details
Full Property Details for 507 Lake St
General
- Price: $195,000
- Taxes: $1,699 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM725479
- Updated: 5/27/2026
- Added to Site: 1 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 7
- Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets
- Appliances: Cooktop, Dryer, Refrigerator, Washer
- Furnishings: Negotiable
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Private Mailbox, Private Yard
- Deck/Patio: Porch
- Porch/Patio/Deck: Porch
Parking
- Carports: Yes
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 1
Location
- Area: 34450 - Inverness
- County: Citrus
- Development Name: 34450 - Inverness
- Subdivision: HAWKINS
- Driving Directions: 44 to Right on Line Ave to right. on Lake St. Home on right.
- Direction Faces: South
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, Electric
Utilities
- Sewer: Private Sewer
- Water: Public
- Utility Description: Electricity Available, Water Connected
Structural Information
- Exterior Const.: Concrete
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 816
- Sq. Ft. Source: Public Records
- Year Built: 1950
Lot Features
- Property View: Water
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 4,000
- Lot Size: 4000
- Street/Road Desc.: Concrete
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $1,699.24
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: Hawkins add city of inv ptn of blk 15: N 1/2 of: beg at secor of line and lake streets as shown in plat of city of inverness PB 1/36, th e"ly al S Ln of lake St 80 ft to a pt
- Flood Zone Info: ae
- APN: 20E19S170020001500220
- Property ID: 20E19S170020001500220
- Block/Lot/Section: 15
Listed by Landmark Realty
Get Pre-Approved Today
Schools
Schools serving 507 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 | 0.5 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 507 Lake St
Date
Details
Price
Change
Source
5/27/2026
Listed
$195,000
1103.7%
MLS
10/15/2010
Sold
$16,200
—
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 507 Lake St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,526
—
$97,107
16%
2024
$1,526
2%
$83,595
-10%
2023
$1,494
39%
$92,663
75%
2021
$1,075
-16%
$52,872
-29%
2022
$1,276
19%
$74,297
66%
2021
$1,075
15%
$44,890
-2%
2019
$937
8%
$45,940
11%
2018
$864
13%
$41,400
24%
2017
$764
5%
$33,431
6%
2016
$725
11%
$31,655
10%
2015
$656
-5%
$28,694
-1%
2014
$694
-7%
$29,000
-8%
2013
$746
—
$31,500
—
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 507 Lake St
507 Lake Street, Inverness, FL 34450 (MLS# OM725479) is a Single Family property with 3 bedrooms and 1 full bathroom. 507 Lake Street is currently listed for $195,000 and was received on May 27, 2026. Want to learn more about 507 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.

