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$195,000

10116 E GULF TO LAKE HIGHWAY, INVERNESS, FL 34450

3D Tour
Active57 days on market

Beds

3

Baths

1

Sq Ft

1,104 sq ft

Year Built

1965

Lot Size

0.23 acres

Garage

—

About This Property

Waterfront cutie! No leasing restrictions! Vacation home? Vacation rental? Retirement? Cool place to live and work? Live one the WATER! Three bedrooms, one bath home located on the chain of lakes! Can be sold furnished or unfurnished - take a look at Inverness! This efficient floor plan packs a punch for Florida living. Split plan and very large screened in back porch overlooking the private backyard and dock. Easy to see call today!

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #OM729705
StatusActive
Year Built1965
Total Rooms3
ConstructionConcrete
RoofShingle
FoundationSlab
FacesNorth
SubdivisionEAST COVE UNIT 01
CountyCitrus
OwnershipFee Simple
FurnishedNegotiable

Interior Features

InteriorCeiling Fan(s), Chair Rail, Primary Bedroom Main Floor, Split Bedroom, Window Treatments
FlooringTerrazzo
AppliancesDryer, Electric Water Heater, Range, Refrigerator, Washer
LaundryLaundry Room
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorLighting
Other StructuresShed(s)
Lot Size0.23 acres (9,854 sq ft)
Road SurfaceAsphalt
0

Waterfront

WaterfrontYes
FeaturesLake Front

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Public, Sewer Connected, Street Lights

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$195,000
Original Price$215,000
Annual Taxes$406 (2025)
ZoningCLRMH
Parcel #20E19S120010000A00300

Schools

ElementaryInverness Primary School
MiddleInverness Middle School
HighCitrus High School

Directions

44E to home on right.

Location

10116 E GULF TO LAKE HIGHWAY, INVERNESS, FL 34450

Listing Information

OfficeSELLSTATE NGR-INVERNESS
ListedAugust 4, 2026

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Scheduling is free, and you can cancel anytime.

Home Price

$195,000

20% ($39,000)
6.75%

Loan Term

Principal & Interest$1,012
Property Tax (est.)$179
Insurance (est.)$150
Total Monthly$1,341
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $195,000 home in INVERNESS.

🏛️

FHA Loan

$6,825 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$9,750 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Citrus County SHIP

Varies

Income-qualifying Citrus residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: September 30, 2026.

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