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    Inverness, FL
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    Inverness, FL Multifamily Properties for Sale

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    6 properties
    Waterfront Apartment Building
    Updated: Oct 4, 2025
    Waterfront Apartment Building

    1259 S ELMWOOD Drive, Inverness, FL 34450

    $699,000
    5,400 sqft 0.66 AC lot
    5,400 square feet on 0.66 acres
    10 renovated units: 1 efficiency, 8 one‑bedroom, and 1 two‑bedroom
    2 additional two‑bedroom units framed with washer and dryer hookups
    Waterfront setting with boat ramp access to the chain of lakes
    New electrical, plumbing, septic, AC, water tanks, and filtration system
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    This listing looks promising.

    Here's a quick look at some key insights for

    1259 S ELMWOOD Drive, Inverness, FL 34450

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    • Est. Cap Rate

      6.5%
      Above avg (5.9%)

    • Est. NOI

      $45K
      Annual

    • Price @ 7% Cap

      $646K
      Suggested

    • Property Type

      Multi-Family Dwellings
      Built 1970
    View Property Analytics
    Triplex with Three Two-Bedroom Units
    Updated: Jun 24
    Triplex with Three Two-Bedroom Units

    1516 Tuttle Street, Inverness, FL 34452

    $425,000
    2,730 sqft 0.31 AC lot
    Three occupied two‑bedroom, one‑bath units
    2,730 square feet on 0.31 acres
    Built in 1982 with stucco construction
    Central electric heating and electric central air
    Asphalt shingle roof and tile flooring
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    Renovated Waterfront Apartment Building
    Renovated Waterfront Apartment Building

    1259 ELMWOOD Drive, Inverness, FL 34450

    $699,000
    5,400 sqft

    Updated property offers varied layouts and additional two-bedroom units framed for completion.

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    Occupied Duplex with Private Entrances
    Occupied Duplex with Private Entrances

    934 S APOPKA AVENUE, Inverness, FL 34452

    $409,900
    2,104 sqft

    Two occupied residences feature central air, heat pumps, open layouts, and separate private entrances.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    New Inverness Duplex Investment Opportunity
    New Inverness Duplex Investment Opportunity

    111 E HARVARD St, Inverness, FL 34452

    $399,900
    0.22 AC lot

    Newly built duplex with tenants, ideal for investors.

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    Occupied Manufactured Home Park
    Occupied Manufactured Home Park

    4375 East Archer Lane, Inverness, FL 34452

    $399,900
    5,580 sqft

    Seven-parcel residential income property with manufactured homes and tenant occupancy in place.

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    Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 6 Active listings in Inverness, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Multifamily Property
    Waterfront Multifamily Property

    12881 E Big Buck Trail, Floral City, FL 34436

    $525,000
    1,278 sqft 3.88 AC lot

    Three residences on separate parcels with canal access, private wells, septic systems, docks, and powered storage sheds.

    View details
    Lakefront RV Park
    Lakefront RV Park

    2389 N Lakefront Drive, Hernando, FL 34442

    $1,200,000
    2 sqft

    Operating waterfront park with permitted RV sites, lake access, and additional parcels zoned for mobile homes.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    7545 S Old Oaks Drive, Floral City, FL 34436

    $350,000
    2,658 sqft 2.11 AC lot

    Separate residences provide income-producing space with individual power meters, updated interiors, and access to fenced acreage.

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    DBPR-Licensed Manufactured Housing Park
    DBPR-Licensed Manufactured Housing Park

    4920 E PARSONS POINT Road, Hernando, FL 34442

    $1,160,000
    1.33 AC lot

    The 1.33-acre property includes manufactured homes, vacant pads, private well service, and shared septic infrastructure.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Lot in Developed Community
    Residential Lot in Developed Community

    6761 E Dogwood Hammock Drive, Inverness, FL 34453

    $51,000
    0.51 AC lot

    Residential lot with well, septic, and paved road access.

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    Cleared Lot in Hernando
    Cleared Lot in Hernando

    4279 E Texas Street, Hernando, FL 34442

    Contact for pricing
    0.14 AC lot

    Spacious, flat lot near trails and outdoor activities.

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    Waterfront Land in Inverness, FL
    Waterfront Land in Inverness, FL

    7857 E Wisp Trail, Inverness, FL 34453

    $49,900
    0.50 AC lot

    Waterfront property near Tsala Apopka Chain of Lakes.

    View details
    Inverness Land For Sale
    Inverness Land For Sale

    85 N West Avenue, Inverness, FL 34453

    Contact for pricing
    0.25 AC lot

    Residential lot suitable for mobile or single-family home.

    View details

    Off-Market Properties in Inverness, FL

    Consider similar Off-Market properties in Inverness, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4949 Anna Jo Dr
    APARTMENT HOUSE (5+ UNITS)

    4949 Anna Jo Dr, Inverness, FL 34452-8311

    $1,415,000
    Estimated value
    9,402 sqft 1.62 AC lot
    View details
    6003 Turner Cp Rd
    APARTMENT HOUSE (5+ UNITS)

    6003 Turner Cp Rd, Inverness, FL 34453-7092

    $265,000
    Estimated value
    8,726 sqft 0.45 AC lot
    View details
    5321 Pleasant Grv Rd
    APARTMENT HOUSE (5+ UNITS)

    5321 Pleasant Grv Rd, Inverness, FL 34452-7804

    $320,000
    Estimated value
    9,402 sqft 1.80 AC lot
    View details
    216 Dr Martin Luther King Jr Ave
    CAMPGROUND, RV PARK

    216 Dr Martin Luther King Jr Ave, Inverness, FL 34450-4338

    $275,000
    Estimated value
    1,472 sqft 0.51 AC lot
    View details
    4375 Archer Ln
    Residential income properties

    4375 Archer Ln, Inverness, FL 34452

    Value Estimation by Request
    5,580 sqft 1.58 AC lot
    View details
    300 Washington Ave
    APARTMENT HOUSE (5+ UNITS)

    300 Washington Ave, Inverness, FL 34450-4909

    $610,000
    Estimated value
    4,768 sqft 5.30 AC lot
    View details
    409 Vine St
    APARTMENT HOUSE (5+ UNITS)

    409 Vine St, Inverness, FL 34450-4342

    $305,000
    Estimated value
    2,952 sqft 0.42 AC lot
    View details
    915 Stage Coach Trl
    CAMPGROUND, RV PARK

    915 Stage Coach Trl, Inverness, FL 34452-9249

    $305,000
    Estimated value
    256 sqft 25,837.41 AC lot
    View details
    210 Seminole Ave
    APARTMENT HOUSE (5+ UNITS)

    210 Seminole Ave, Inverness, FL 34450-4169

    $310,000
    Estimated value
    4,032 sqft 0.75 AC lot
    View details
    4229 Rainbow Dr
    CAMPGROUND, RV PARK

    4229 Rainbow Dr, Inverness, FL 34452-8045

    $270,000
    Estimated value
    1,584 sqft 40.72 AC lot
    View details
    222 Pleasant Grv Rd
    APARTMENT HOUSE (5+ UNITS)

    222 Pleasant Grv Rd, Inverness, FL 34452-4447

    $315,000
    Estimated value
    3,492 sqft 0.76 AC lot
    View details
    5340 Jasmine Ln
    CAMPGROUND, RV PARK

    5340 Jasmine Ln, Inverness, FL 34453

    $280,000
    Estimated value
    840 sqft 0.55 AC lot
    View details
    321 Dampier St
    CAMPGROUND, RV PARK

    321 Dampier St, Inverness, FL 34450

    $430,000
    Estimated value
    612 sqft 1.84 AC lot
    View details
    286 Apopka Ave
    CAMPGROUND, RV PARK

    286 Apopka Ave, Inverness, FL 34450

    $855,000
    Estimated value
    1,472 sqft 4.43 AC lot
    View details
    321 Apopka Ave
    CAMPGROUND, RV PARK

    321 Apopka Ave, Inverness, FL 34450

    $280,000
    Estimated value
    300 sqft 0.87 AC lot
    View details

    Inverness, FL Multifamily Properties Market Trends and Statistics

    Explore 21 multifamily properties for sale in Inverness, FL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 21,214 square feet of properties for sale, with an estimated market value of $3,032,700.

    Sale prices for multifamily properties in Inverness, FL start at $399,900, averaging $505,450, and reaching up to $699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Duplexes 2
    Mobile home & RV parks 1
    Triplexes 1

    Demographics Overview

    Population 35K
    Population Growth (5Y) +3.0%
    Median Household Income $55,378
    College Educated 18.7%

    High-Yield Neighborhoods for Investment

    Identify Inverness submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    34452 $417.5K
    34450 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.55%
    Property Tax per SF $39.20 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Citrus County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Citrus County

    Office

    Residential Income

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    Most Searched ZIP Codes in Inverness, FL

    • 34452
    • 34450

    Featured Inverness Real Estate Agencies

    Realmo connects you with licensed Inverness CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Curb Appeal Realty
    2619 East gulf To Lake Highway Inverness, FL 34453
    Phone: 13526372872
    www.curbappealcitrus.com

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