Date
Details
Price
Change
Source
6/23/2026
Listed
$72,111
—
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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$72,111 Just Listed
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Property Description
Investor opportunity with RO (Residential/Office) zoning located just minutes from downtown Inverness. This 2-bedroom, 1-bathroom property is in need of substantial repairs and is being sold strictly as-is for cash buyers only. The home requires a new roof as soon as possible and has foundation issues that will need to be addressed. A portion of the living room was enclosed to create a flex space that may function as a third bedroom. Atleast two rooms have visible ceiling water damage, and there may be subfloor damage beneath stored personal property currently occupying those areas. Tarps are presently installed on the roof to help prevent additional water intrusion. The property does not have central air conditioning and is cooled by window units only. The condition of the plumbing and electrical systems is unknown. The interior shower is currently non-operational, and an outdoor shower is being used instead. Seller does not occupy the property and makes no representations regarding the condition of the home. Information provided is based on public records; buyers and buyer's agents are responsible for conducting all due diligence. The property is tenant occupied. Do not disturb tenants and do not visit the property without an appointment. Showings will be limited and are expected to occur primarily on weekends, as the tenant must be present during showings. The shed does not convey with the sale. Tenant indicates vehicles on the property will be removed prior to closing; however, any personal property remaining after closing will become the responsibility of the buyer. Conveniently located near shopping, restaurants, parks, public boat ramps, fishing, boating, and other outdoor recreation. RO zoning is intended to accommodate residential use alongside certain low-impact professional and administrative office uses; buyers should verify all permitted uses with the local zoning department. Cash offers only. Must use seller's title company, Legal Counsel PA in Winter Garden, for closing with no exceptions. Preferred earnest money deposit is $7,500. Inspection period not to exceed 3 days. Closing to occur in 35 days of accepted contract. Assignment of contract is not permitted.
Full Property Details
Full Property Details for 515 Ella Ave
General
- Price: $72,111
- Taxes: $1,075 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM727203
- Updated: 6/23/2026
- Added to Site: 2 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 4
- Interior Features: Open Floorplan
- Appliances: Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Electric Dryer Hookup, Outside, Washer Hookup
Exterior
- Exterior Features: Private Mailbox, Private Yard
Location
- Area: 34450 - Inverness
- County: Citrus
- Development Name: 34450 - Inverness
- Subdivision: NOT IN A SUBDIVISION
- Driving Directions: Heading West on Main St from downtown Inverness, slight right onto US 41, turn right on W Dampier St, left on Ella Ave, left at light to stay on Ella Ave, turn left down unmarked path, home is on the right at the end of the path. The path is overgrown. It will be best to park along the path and walk up once it gets narrow. The map on MLS is marked properly. GPS will take you to the wrong house.
- Direction Faces: East
Community
- Community Name: 34450 - Inverness
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Water Connected
Structural Information
- Exterior Const.: Wood Siding
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 902
- Sq. Ft. Source: Public Records
- Year Built: 1945
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 12,859
- Lot Size: 12859
- Lot Dimensions: 80 x 180
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $1,075.08
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: COM AT SW COR OF N 275 FT OF E1/2 OF SE1/4 OF SW1/4 OF SE1/4 TH N 80 FT TO STAKE TH E 36 FT S 80 FT W 36 FT TO POB DESC IN OR BK 99 PG 422 & COM AT SW COR OF N 27 5 FT OF E1/2 OF SE1/4 OF SW1/4 OF SE1/4 TH N 80 FT TO STAKE TH E 36 FT TO ANOTHER STAKE FOR POB OF LANDS HE REIN CONVEYED TH S 80 FT TO ANOTHER STAKE TH E 36 FT 5 IN TH N 80 FT MOL TO PT THAT IS E 27 FT 10 IN FROM POB TH W 27 FT 10 IN TO POB DESC IN OR BK 104 PG 559 & 1 00 FT WD STRIP BEING 50 FT WD ON EACH SD OF CTRLN OF R D BE D OF F ORMER MAIN TRACK OF S FLA RR CO EXT NW'LY FROM S LN OF SEC 715 FT MOL TO N LN OF SE1/4 OF SW1/4 OF
- Flood Zone Info: X
- APN: 20E19S07000023235
- Property ID: 20E19S07000023235
- Block/Lot/Section: NA
Listed by Real Broker, Llc
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Listing agent
— 515 Ella Ave —
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Schools
Schools serving 515 Ella Ave
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Citrus Virtual Instruction Program 1007 West Main Street, Inverness, FL 34450 | K-12 | 0.7 mi |
Inverness Primary School 206 South Line Avenue, Inverness, FL 34452 | PK-5 | 0.8 mi |
Inverness Middle School 1950 U.S. 41, Inverness, FL 34450 | 5-8 | 0.3 mi |
Citrus High School 600 West Highland Boulevard, Inverness, FL 34452 | 9-12 | 0.8 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 515 Ella Ave
Tax History
Tax History for 515 Ella Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,075
8%
$78,274
7%
2024
$993
2%
$73,451
-6%
2023
$975
45%
$77,898
85%
2021
$672
-19%
$42,126
-33%
2022
$826
23%
$62,410
78%
2021
$672
32%
$35,023
28%
2018
$509
17%
$27,440
36%
2017
$436
10%
$20,190
10%
2016
$398
-29%
$18,385
-43%
2019
$564
61%
$32,510
112%
2015
$351
-18%
$15,370
-14%
2014
$428
-13%
$17,890
-13%
2013
$490
—
$20,680
—
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 515 Ella Ave
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515 Ella Avenue, Inverness, FL 34450 (MLS# OM727203) is a Single Family property with 2 bedrooms and 1 full bathroom. 515 Ella Avenue is currently listed for $72,111 and was received on June 23, 2026. Want to learn more about 515 Ella 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.