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$184,900

5175 E LIVE OAK LANE, INVERNESS, FL 34453

3D Tour
Active8 days on market

Beds

2

Baths

1

Sq Ft

875 sq ft

Year Built

1950

Lot Size

0.34 acres

Garage

1

About This Property

Virtually Staged. Welcome to this Old Florida-style cottage, full of charm and character! Offering 2 bedrooms, 1 bathroom, and 875 square feet of living space, this home sits on a generous 0.34-acre lot with room to garden, relax, or create your own backyard retreat. Inside, recent updates include a new bathroom, new flooring in the living room and bedrooms, new kitchen countertops and sink, a brand-new water heater, updated outlets, switches, fixtures, and covers, new lighting throughout, and new ceiling fans. The porch and laundry room also feature new flooring. Outside, enjoy the classic picket fence, covered carport, mature trees, and a detached garage/workshop offering extra space for storage, hobbies, or projects. Enjoy the charm of Inverness, known for its historic downtown, locally owned shops and restaurants, scenic lakeside parks, and abundant outdoor recreation. Just 7 minutes from Downtown Inverness and Liberty Park, this property offers a convenient location for enjoying the area's small-town charm and outdoor lifestyle. The Withlacoochee State Trail is approximately 17 minutes away, while Rainbow River and Crystal River are about 30 minutes away and Homosassa Springs is approximately 25 minutes away, providing plenty of opportunities to explore the natural springs and waterways of Florida's Nature Coast. Whether you're looking for a cozy primary residence, a seasonal getaway, or an investment opportunity, this charming cottage offers plenty of possibilities. With no HOA or CDD, buyers can enjoy added flexibility without the restrictions or additional fees often associated with these communities. The spacious lot, detached garage/workshop, and convenient location make it worth a closer look for buyers seeking potential in the Inverness area. As an added bonus, the seller is offering $4,000 in seller concessions. Come take a look and see if this charming little piece of Old Florida is the one you've been waiting for!

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #TB8554596
StatusActive
Year Built1950
Stories1
Total Rooms7
ConstructionConcrete
RoofShingle
FoundationBlock
FacesEast
SubdivisionSPORTSMENS PARK
CountyCitrus
OwnershipFee Simple

Interior Features

InteriorEating Space In Kitchen, Thermostat
FlooringCeramic Tile, Luxury Vinyl
AppliancesRange, Refrigerator
LaundryElectric Dryer Hookup, Laundry Room
WindowsAluminum Frames, Drapes
CoolingCentral Air, Mini-Split Unit(s)
HeatingCentral, Other

Exterior & Lot

ExteriorAwning(s), Private Mailbox, Private Yard, Storage
Other StructuresShed(s)
Lot Size0.34 acres (15,000 sq ft)
Lot Dimensions100 x 150
Lot FeaturesCity Lot, Level
Road SurfacePaved
ViewTrees/Woods
0

Utilities

WaterWell
SewerSeptic Tank
UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Water Connected

Parking

GarageYes (1 spaces)
CarportYes

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$184,900
Annual Taxes$420 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningCLR
Parcel #20E19S060010000000860

Schools

ElementaryHernando Elementary
MiddleInverness Middle School
HighCitrus High School

Directions

From the Suncoast Parkway, take US-98 N toward Brooksville. Continue to US-41 N toward Inverness. Turn right onto E Live Oak Ln. Continue to 5175 E Live Oak Ln; property will be on the left. From I-75, take FL-44 E toward Inverness, then US-41 S to E Live Oak Ln. Turn left onto E Live Oak Ln; property will be on the left.

Location

5175 E LIVE OAK LANE, INVERNESS, FL 34453

Listing Information

OfficeDALTON WADE INC
ListedOctober 5, 2026

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Home Price

$184,900

20% ($36,980)
6.75%

Loan Term

Principal & Interest$959
Property Tax (est.)$169
Insurance (est.)$150
Total Monthly$1,279
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $184,900 home in INVERNESS.

🏛️

FHA Loan

$6,472 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

$9,245 Down

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

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: October 13, 2026.

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