512 Long Avenue, Inverness, FL 34453
MULTI_FAMILY - Other - Inverness, FL
- Added:
- Mar 15, 2026
- Days on Market:
- 88
- Last Refresh:
- Jun 10 at 4:06 pm
Property Features for 512 Long Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LMD
- Appliances
- ElectricCooktop
- Standard status
- Active
- APN
- 1686831
- Size
- 1,530 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- INVERNESS ACRES UNIT 2 PB 6 PG 52 LOT 7 BLK 34
- Tax Annual Amount
- 3470
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1987
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Stucco
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
Listing agent Thao P Le License #3390499 (352) 586-3666
Listing office Century 21 J.W.Morton R.E. 1645 W Main Street, Inverness, FL (352) 726-6668
Listing date Mar 15, 2026
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.
HighLights
- Income‑producing duplex with 2 bedrooms and 1 bathroom in each unit
- Roof installed in 2024
- Separate utility meters for each unit
- Public water service and septic tank sewer system
- Central heating and central air with electric heating and cooling
- 1987 construction with stucco exterior, asphalt shingle roof, and vinyl flooring; includes electric cooktop
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.1k | $13.80 |
| − Vacancy | −$1.2k | −$0.76 |
| EGI | $20.0k | $13.04 |
| − OpEx | −$6.0k | −$3.91 |
| NOI | $14.0k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Inverness
- County
- Citrus
- State
- Florida
- Longitude
- -82.364111
- Latitude
- 28.845199
