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$140,000
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Property Description
INVESTORS ALERT!!! Looking for your next profitable flip or long-term rental? Welcome to a hidden gem in the peaceful, nature-rich Inverness Highlands South community! This single-family home offers 1.52 acres of opportunity with NO HOA-an open invitation to add a guest house, tiny home, or create your dream retreat. ?? Features: Underground pool - perfect for Airbnb or family enjoyment 2 spacious bedrooms and 2 bathrooms Living room, dining area, and 1-car garage Large lot with plenty of space for expansion Property is livable but needs repairs - unlock its full value with the right upgrades Potential ARV (After Repair Value) could offer solid ROI for flippers or buy & hold investors ?? Use Ideas: Flip and sell for profit Rehab & Rent (long-term or Airbnb) Add a guest house or tiny home for extra income Live in one unit, rent the other ?? Inverness is a growing area with parks, trails (like Withlacoochee State Trail), springs, lakes, and only 35 minutes from the Gulf of America. A peaceful lifestyle with strong rental demand and increasing home values. ?? No HOA means more freedom for investors. Ideal for short-term rental setups or adding accessory dwelling units (ADUs).
Full Property Details
Full Property Details for 5580 S Ashley Terrace
General
- Sold For: $140,000
- Taxes: $892 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM698412
- Added to Site: 290 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Living Room/Dining Room Combo
- Appliances: Refrigerator
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Garage
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: Outdoor Shower
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34450 - Inverness
- County: Citrus
- Development Name: 34450 - Inverness
- Subdivision: INVERNESS HIGHLANDS WEST
- Driving Directions: Onto Hwy 44 W toward Richards Rd Turn right onto Florida Nat'l Scenic Trl/Pleasant Grove Rd Continue to follow Pleasant Grove Rd Turn left onto E Anna Jo Dr Turn right onto S Ashley Terrace
- Direction Faces: East
Community
- Community Name: 34450 - Inverness
Heating & Cooling
- Cooling Type: Central Air, Other
- Heating Type: Heat Pump
Utilities
- Sewer: Private Sewer
- Water: Well
- Utility Description: Electricity Available
Structural Information
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 926
- Sq. Ft. Source: Public Records
- Living Area: 926 Sq. Ft.
- Year Built: 1974
Lot Features
- Lot Size (Acres): 1.52
- Lot Size (Sq. Ft.): 65,999
- Lot Size: 1.5151
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $892
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: INVERNESS HGLDS WEST 1ST ADD PB 5 PG 44 LOT 12 BLK 441
- Flood Zone Info: X
- APN: 20E19S300010 04410 0120
- Property ID: 20E19S300010 04410 0120
- Block/Lot/Section: 44
Listed by Exp Realty Llc
Sold by Coldwell Banker Investors Real
Get Pre-Approved Today
Schools
Schools serving 5580 S Ashley 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 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5580 S Ashley Terrace
Date
Details
Price
Change
Source
10/14/2025
Sold
$140,000
-28.21%
MLS
9/16/2025
Price Reduced
$195,000
-17.02%
MLS
5/16/2025
Price Reduced
$235,000
-9.62%
MLS
5/01/2025
Price Reduced
$260,000
-1.89%
MLS
4/21/2025
Price Reduced
$265,000
-2.93%
MLS
4/02/2025
Listed
$273,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5580 S Ashley Terrace, Inverness, FL 34450 (MLS# OM698412) is a Single Family property that was sold at $140,000 on October 14, 2025. Want to learn more about 5580 S Ashley Terrace? 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.

