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Waterfront Residential Land Parcel
For Sale
$109,000

7936 E Gospel Island Road, Inverness, FL 34450

LAND - Inverness, FL

Lot Size0.65 Acres
Days on Market44

Property Features for 7936 E Gospel Island Road

General Information

Property type Land
Property subtype Other
Zoning CL,CLR
Subdivision Gospel Isle Est.
Lot features Irregular Lot
Elementary school Inverness Primary
Middle school Inverness Middle
High school Citrus High
Standard status Active
APN 2702320
Lot size 0.65 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description UNNAMED UNREC SUB PARCEL 1 OF SW 1/4 OF SW 1/4 OF SEC 3 TWN 19S RNG 20E MORE PART DESC AS FOLLOWS: COM AT SE COR SEC 4 TWN 19S RNG 20E BEARING ON S LINE SAID SEC 4 S 89 DEG 20M 7S E SAID COR ALSO SW COR SEC 3 TWN 19S RNG 20E; THN S 89 DEG 54M 37S E A LONG S LINE SEC 3 214.50 FT THN N 0 DEG 5M 47S W 667.36 FT TO S ROW LINE STATE RD S-470 THN N 89 DEG 5M 32S E ALONG ROW 383.60 FT TO POB SAID POINT ON E LINE OF FIRST DESC PARCEL OF LAND DESC IN WARRANTY DEED REC IN OR BK 345 PG 673; THN S 89 DEG 5M 32S W ALONG SAID ROW 190 FT TO NE COR LANDS IN WARRANTY DEED REC IN OR BK 477 PG 779 THN S 29 DEG 26M 18S E ALONG E LINE SAID LANDS 208.91 FT THN CONT ALONG SAID E LINE OF LANDS DESC IN OR BK 477 PG 779 S 49 DEG 19M 36S E 80 FT MOL TO WATERS LAKE
Tax Annual Amount 1349
Legal Description UNNAMED UNREC SUB PARCEL 1 OF SW 1/4 OF SW 1/4 OF SEC 3 TWN 19S RNG 20E MORE PART DESC AS FOLLOWS: COM AT SE COR SEC 4 TWN 19S RNG 20E BEARING ON S LINE SAID SEC 4 S 89 DEG 20M 7S E SAID COR ALSO SW COR SEC 3 TWN 19S RNG 20E; THN S 89 DEG 54M 37S E A LONG S LINE SEC 3 214.50 FT THN N 0 DEG 5M 47S W 667.36 FT TO S ROW LINE STATE RD S-470 THN N 89 DEG 5M 32S E ALONG ROW 383.60 FT TO POB SAID POINT ON E LINE OF FIRST DESC PARCEL OF LAND DESC IN WARRANTY DEED REC IN OR BK 345 PG 673; THN S 89 DEG 5M 32S W ALONG SAID ROW 190 FT TO NE COR LANDS IN WARRANTY DEED REC IN OR BK 477 PG 779 THN S 29 DEG 26M 18S E ALONG E LINE SAID LANDS 208.91 FT THN CONT ALONG SAID E LINE OF LANDS DESC IN OR BK 477 PG 779 S 49 DEG 19M 36S E 80 FT MOL TO WATERS LAKE

Utilities

Sewer type Septic Needed
Water source Well Needed
Water front features Waterfront, Lake Front
Water front 1
Listing Agency: The Holloway Group
Listed By: John Holloway Jr. · License #3051065
Added: Jun 18 Changed: Jul 18 Last Checked: Jul 31 at 2:06AM
MLS# 855715

Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering is a waterfront land parcel with approximately 0.65 acres. The property includes water access to the Tsala Apopka Chain of Lakes, supporting a lake-oriented outdoor lifestyle.

The land is located in the Gospel Island area of Inverness, with proximity described to downtown Inverness as well as shopping, dining, and everyday amenities.

Zoning is listed as CL, CLR. Please review zoning and allowable uses for confirmation prior to development planning.

Key Highlights

  • Waterfront lot with Lake Front and Waterfront features on the Tsala Apopka Chain of Lakes
  • Approximately 0.68 acres with water access for boating and fishing
  • Water source: well needed; sewer: septic needed

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Auto Repair Shop Pharmacy Spa & Massage Center Barber Shop Cosmetic Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Water rights

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 34450, FL

10,788
Population
6,642
Households
1.6
Avg Household Size
59
Median Age
25%
College-Educated
92%
High-School Grad
31.2 sq mi
ZIP Area
346
Density / Sq Mi
$48,955
Median Household Income
$39,409
Median Earnings
$973
Median Rent
$210,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Waterfront lot with water access to the Tsala Apopka Chain of Lakes, located near downtown Inverness.
Where is this waterfront land located?
The property is located at 7936 E Gospel Island Road Inverness, FL.
What is the asking price?
The asking price for this property is $109,000.
What are key features of this property?
This property features: Waterfront lot with Lake Front and Waterfront features on the Tsala Apopka Chain of Lakes; Approximately 0.68 acres with water access for boating and fishing; Water source: well needed; sewer: septic needed
More about this property
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