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Overview

4 bd3 ba1,358 sqftSingle Family
TypeSingle Family
HOANone listed
Built1930
Lot5,410 sqft
Living area1,358 sqft
Price / sqft$441

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About this home

Ceiling Fans(s)High CeilingsPrimary Bedroom Main FloorSolid Wood CabinetsSplit BedroomVaulted Ceiling(s)Private MailboxPrivate Yard

506 Lake St is a 1930-built home in Hawkins Add, Inverness. Inside you'll find 4 bedrooms, 3 bathrooms, and 1,358 square feet of living space. Listed at $599,000 (about $441/sqft), 13 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

Experience the charm of Inverness’ Historic District with this beautiful waterfront home offering 4 bedrooms, 1 full bath, and 2 half baths on Lake Henderson with direct access to the Tsala Apopka Chain of Lakes. Whether you enjoy boating, fishing, kayaking, paddleboarding, or simply taking in the peaceful water views, this property offers the perfect Florida lifestyle. As you step inside, you are welcomed by a spacious living room filled with natural light. The main level features two bedrooms, including a primary suite with a full ensuite bathroom. The galley kitchen offers a gas stove, plenty of cabinets, and ample countertop space for preparing meals. Just off the kitchen is a versatile bonus room with stunning views of the backyard and lake, making it the perfect space for a dining room, sitting area, playroom, home office, or art studio. Upstairs, you will find two additional guest bedrooms and a half bath, all while enjoying more beautiful views overlooking the water. Step outside to your own private waterfront retreat. The backyard features a storage shed for all your outdoor equipment and a private dock where you can tie up your boat, jet skis, or kayaks, or spend the day fishing right from your backyard. Whether you’re searching for a profitable short term vacation rental, a long term investment property, a peaceful winter retreat, or your forever home, this property offers incredible flexibility. Its prime waterfront location, close proximity to downtown Inverness, and access to the Chain of Lakes make it an attractive option for both homeowners and guests alike. Located just minutes from the heart of downtown Inverness, you will enjoy easy access to locally owned restaurants, boutique shopping, coffee shops, parks, entertainment, festivals, and so much more. Combining historic charm, waterfront living, and an unbeatable location, this home offers the opportunity to enjoy everything the Nature Coast has to offer!

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The essentials

Built
1930
Price / sqft
$441
On market
73 days
Annual tax
$771
Flood zone
AE
Lot
5,410 sqft
Type
Single Family Residence

At a glance

Single family
Built 1930
Waterfront
Lake Privileges
5,410 sqft lot
Lot size
1,358 sqft
Living area

Payment

Est. monthly payment
$3,488/mo
Down payment (20%)
$119,800
Property taxes
$64/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1930
Lot
5,410 sqft
Cooling
Central Air
Heating
Central
Parking
-
Waterfront
Lake Privileges
Days on Market
73
Ceiling Fans(s)
High Ceilings
Primary Bedroom Main Floor
Solid Wood Cabinets
Split Bedroom
Vaulted Ceiling(s)
Private Mailbox
Private Yard
Rain Gutters
Storage
Dryer
Electric Water Heater
Microwave
Range
Washer
Elementary
Inverness Primary School
Middle
Inverness Middle School
High
Citrus High School

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone AE
Annual Tax (2025)
$771
Parcel #
20E-19S-17-0020-00160-0040

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Hawkins Add
County
Citrus
MLS Area
34450 - Inverness
Lot Size
5,410 sqft
ClearedLandscapedLevelPaved

Price history

Date
Event
Price
7/28/2026
Listed for sale
Source: Stellar MLS #OM729247
$599,000
$441/sqft

Neighborhood

506 Lake St
Inverness, FL, 34450 · 34450 - Inverness

Market insights

Offer Insights

Choose an offer strength

List price: $599,000
$585,000 – $599,000
97.3% – 100% of listTops out right at the list price
80% of listList price
29 of the last 56 home closings in 34450 landed at this number or higher (52%). The median one sat 39 days before it went under contract, and this one is on day 73.

Sample: 56 closed home sales in 34450 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$3,488/mo
Principal & interest$3,124
Property taxes$64
Insurance$300
Down payment20% · $119,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$599,000

$441 per sq ft

Beds and baths

4 beds, 3 baths

Size

1,358 sq ft

Time on market

73 days

Year built

1930

Monthly payment

About $3,488/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $771 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

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Brokered byKELLER WILLIAMS CORNERSTONE REListing agent: Chad MacBlainListing data from Stellar MLS, MLS# OM729247.

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