Date
Details
Price
Change
Source
3/03/2026
Listed
$40,000
—
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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1/18
$40,000
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1/18
Property Description
Looking for a little elbow room and a lot of fresh air? Welcome to 5500 S Cherokee Ter in Inverness, where 1.30 acres of wooded Florida charm are waiting for you. Zoned LDRMH so yes, mobile homes are welcome. Bring the plans, bring the porch swing, and bring the chickens, if that's your vibe. Tucked away on a dirt road for that peaceful, off the beaten path feel, this property offers the kind of privacy you just cannot fake. Towering pines, natural shade and plenty of space to carve out your perfect homesite. Country feel, room to roam and no cookie cutter vibes here. Come claim your slice of Citrus County and make it yours.
Full Property Details
Full Property Details for 5500 S Cherokee Terrace
General
- Price: $40,000
- Taxes: $264 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: W7883538
- Updated: 3/3/2026
- Added to Site: 46 day(s) ago
Location
- Area: 34452 - Inverness
- County: Citrus
- Development Name: 34452 - Inverness
- Subdivision: INDIAN ACRES UNREC SUB
- Driving Directions: From Pleasant Grove Rd S, Turn Left onto Anna Jo Dr, Turn Left onto E Shadow Ln, Turn Left onto S Cherokee Ter, Land is on the Left
- Direction Faces: East
Community
- Community Name: 34452 - Inverness
Utilities
- Sewer: Septic Needed
- Water: Well Required
- Utility Description: Electrical Nearby
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 1.3
- Lot Size (Sq. Ft.): 56,813
- Lot Size: 1.3042
- Lot Dimensions: 185 x 307
- Frontage: Private Road, Street Unpaved
- Street/Road Desc.: Unimproved, Dirt
Financial Considerations
- Price Per Acre: $30,769
- Tax Amount: $264.12
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: INDIAN ACRES UNREC SUB LOT 46: S1/2 OF NW1/4 OF SE1/4 OF NE1/4 OF NE1/4 OF SEC 5-20-20 EXCEPT E 25 FT THEREOF. SU BJ TO EASM OF REC FURTHER DESC IN OR BK 894 PG 1552
- Flood Zone Info: X, AE
- APN: 20E20S0500001A0000460
- Property ID: 20E20S0500001A0000460
- Block/Lot/Section: 1A000
Listed by Keller Williams Realty-Elite P
We Value Your Privacy
We Value Your Privacy
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Listing agent
— 5500 S Cherokee Terrace —
Keller Williams Realty-Elite P
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 5500 S Cherokee Terrace
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Pleasant Grove Elementary School, Inverness, FL 630 Pleasant Grove Road, Inverness, FL 34452 | PK-5 | 3.4 mi |
Citrus Virtual Instruction Program 1007 West Main Street, Inverness, FL 34450 | K-12 | 3.9 mi |
Inverness Middle School 1950 U.S. 41, Inverness, FL 34450 | 5-8 | 4.7 mi |
Citrus High School 600 West Highland Boulevard, Inverness, FL 34452 | 9-12 | 3.7 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 5500 S Cherokee Terrace
Tax History
Tax History for 5500 S Cherokee Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$264
126%
$32,610
213%
2024
$117
4%
$10,430
—
2023
$113
7%
$10,430
—
2022
$106
54%
$10,430
129%
2021
$69
-4%
$4,560
—
2018
$72
1%
$4,560
—
2019
$71
-71%
$4,560
-71%
2017
$249
-4%
$15,970
—
2016
$259
-3%
$15,970
—
2015
$266
-3%
$15,970
—
2014
$275
-4%
$15,980
-3%
2013
$286
—
$16,405
—
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 5500 S Cherokee Terrace
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![[Address not provided], Floral City, FL 34436 - Photo 1](https://m1.cbhomes.com/p/647/TB8392953/08Eb7a5a40Cb4eF/s23cc.webp)
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5500 S Cherokee Terrace, Inverness, FL 34452 (MLS# W7883538) is a Lots/Land property with a lot size of 1.3 acres. 5500 S Cherokee Terrace is currently listed for $40,000 and was received on March 03, 2026. Want to learn more about 5500 S Cherokee Terrace? Do you have questions about finding other Lots/Land real estate for sale in Inverness? You can browse all Inverness real estate or contact a Coldwell Banker agent to request more information.