Active

515 Ella Avenue

INVERNESS, FL 34450
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Bed 2

Bed

Bath 1

Bath

SqFt902

Sqft

Acres0.30

Acre(Lot)

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 el ectrical 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.

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Detail Ic Property Details

Property Type : Residential

Price : $72,111

AD Id : 85776265

MLS Id : MFROM727203

Beds : 2

Lot Size : 0.30 Acre

Living Area Size : 902

Year Built : 1945

County : Citrus

Subdivision: Eagles Nest Gardens Estates

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedroom: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Interior Features

    Open Floorplan Roof: Shingle Appliances: Range, Refrigerator Laundry Features: Electric Dryer Hookup, Outside, Washer Hookup

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Carpet, Other Construction Materials: Wood Siding
  • Heating & Cooling

    Heating: Electric Cooling: Wall/Window Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1945
  • Exterior Features

    Private Mailbox, Private Yard Construction Materials: Wood Siding Foundation Details: Pillar/Post/Pier

  • Lot Information

    Lot Dimensions: 80x180 Lot Description: Irregular Lot Lot Square Feet: 12859 Lot Acres: 0.3 Lot Size (SqMt): 1195

    Property Information

    Property Type: Residential Sub Type: Single Family Residence

  • Listing Price Information

    Original List Price:$72111

  • Tax Information

    Tax Block: NA Tax Book Number: 172-226 Tax Lot: NA Tax 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 SE 1/4 DESC IN OR BK 162 PG 358 & BEG AT NW COR OF S 385 F TO E1/2 OF SE1/4 OF SW1/4 OF SE1/4 TH E AL N LN OF SD S 385 FT OF E1/2 OF SE1/4 OF SW1/4 OF Annual Tax: $1075.08 Tax Year: 2025 Parcel Number: 20E-19S-07-0000-23235

  • Utility Information

    Cable Available, Electricity Connected, Water Connected Sewer: Septic Tank Water Source: Public
  • Location Information

    Subdivision: NOT IN A SUBDIVISION City: INVERNESS Direction: 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.
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ByOwner last updated this listing 06/26/2026 @ 06:20

MLS: MFRMLS #OM727203 LISTED BY: Ashley Grieg, REAL BROKER, LLC 855-450-0442 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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