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$162,000

1328 CYPRESS COVE COURT, INVERNESS, FL 34450

3D Tour
Active1 days on market

Beds

2

Baths

3

Sq Ft

1,230 sq ft

Year Built

1985

Lot Size

0.03 acres

Garage

0

About This Property

Your Own Little Waterfront Treehouse Retreat in the Heart of Inverness! Tucked among mature trees in the charming waterfront community of Cypress Cove, this 2-bedroom, 2.5-bath townhome offers a wonderful blend of comfort, natural beauty, and relaxed Florida living. Upstairs, you'll find two spacious bedrooms, each with its own private full bathroom, providing comfort and privacy. The primary bedroom is truly something special, offering a large private balcony with a picturesque view through a canopy of trees overlooking the water, creating the peaceful feeling of being nestled in your very own treehouse. Water views from the living room, screen porch and balcony with a lovely wooded backdrop for privacy with no plans for development, a rare find in Florida! A new energy-efficient roof adds to the home's appeal by reducing the electric bill, while the surrounding natural beauty makes this property a refreshing escape from the ordinary. Cypress Cove has a large waterfront community swimming pool and a private boat ramp, offering opportunities to explore the beautiful Tsala Apopka Chain of Lakes, spend an afternoon fishing, or simply enjoy being near the water. Conveniently located near historic downtown Inverness, with its charming shops, local restaurants, parks, and recreational opportunities, this townhome offers the perfect balance of tranquility and accessibility. It's also just a short walk to access the Withlacoochee Trail. Whether you're looking for a full-time residence, a seasonal getaway, or an investment opportunity this property offers something truly special. This home is an active short term vacation rental with exceptional reviews and yearly profits. Come experience the beauty of Cypress Cove and discover why this hidden gem is worth a closer look!

Property Overview

Property TypeResidential
Sub TypeTownhouse
MLS #TB8558708
StatusActive
Year Built1985
Stories2
Total Rooms4
ConstructionWood Siding
RoofShingle
FoundationCrawlspace, Pillar/Post/Pier
FacesNorth
SubdivisionCYPRESS COVE
CountyCitrus
OwnershipFee Simple
FurnishedNegotiable

Interior Features

InteriorLiving Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs
FlooringLaminate
AppliancesDishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
LaundryElectric Dryer Hookup, Inside, Upper Level, Washer Hookup
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorBalcony, Private Entrance
Lot Size0.03 acres (1,208 sq ft)
Road SurfaceAsphalt
ViewWater
0

Waterfront

WaterfrontYes
FeaturesCanal - Freshwater

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected

Parking

GarageNo

HOA & Community

HOAYes
HOA Fee$333 / Monthly
Senior CommunityNo

Financial Details

List Price$162,000
Annual Taxes$2,341 (2025)
FinancingCash, Conventional, FHA, USDA Loan, VA Loan
ZoningMD
Parcel #20E19S160060000H00020

Directions

From downtown Inverness, take SR 44 (Gulf to Lake Highway) east. Turn right onto Cypress Cove Court, just past the public boat ramp. Upon entering the community, stay to the right and follow the road around toward the back of the complex. Property will be on the right at 1328 Cypress Cove Court.

Location

1328 CYPRESS COVE COURT, INVERNESS, FL 34450

Listing Information

OfficeREALTY HUB
ListedOctober 16, 2026

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Preferred Time

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Home Price

$162,000

20% ($32,400)
6.75%

Loan Term

Principal & Interest$841
Property Tax (est.)$149
Insurance (est.)$150
Total Monthly$1,139
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How to Buy This Home

Multiple financing options available for this $162,000 home in INVERNESS.

🏛️

FHA Loan

$5,670 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

$8,100 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: October 17, 2026.

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