$99,900
1355 N REED TERRACE, INVERNESS, FL 34453
Beds
2
Baths
2
Sq Ft
1,260 sq ft
Year Built
1986
Lot Size
0.24 acres
Garage
1
About This Property
Virtually Staged. Deal alert! Investors, flippers, and handy homeowners won't want to miss this opportunity. This single-wide mobile home is situated on a quiet street in beautiful Inverness, Florida, and offers plenty of potential. The property features an attached porch and cabana, two carports, a detached one-car garage, a large utility shed, an additional detached carport, and a huge driveway with abundant parking for vehicles, boats, RVs, or equipment. With so many outbuildings and storage options, the possibilities are endless. Conveniently located near shopping, restaurants, medical facilities, and all that Citrus County has to offer. Cash or Rehab financing is strongly suggested due to the property's current condition. Come take a look and see the potential before this opportunity is gone!
Property Overview
Interior Features
Exterior & Lot
Utilities
Parking
HOA & Community
Financial Details
Schools
Directions
From Interstate 75, take Exit 329 for County Road 476 (West Bushnell) and head west toward Inverness. Continue on CR 476 as it becomes West Main Street, then merge onto US Highway 41 North toward Inverness. Stay on US-41 North through downtown Inverness, then turn right onto East David Street. Continue a short distance and turn right onto North Reed Terrace. Follow North Reed Terrace to 1355 North Reed Terrace, which will be on your right. The property is located in an established residential neighborhood just a few blocks east of US-41 and close to downtown Inverness.
Location
1355 N REED TERRACE, INVERNESS, FL 34453
Listing Information
Schedule a Tour
Pick a Day
Preferred Time
Home Price
$99,900
Loan Term
Nearby Schools
How to Buy This Home
Multiple financing options available for this $99,900 home in INVERNESS.
🏛️
FHA Loan
$3,497 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
$4,995 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 24, 2026.