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    Property profile & analytics

    1101 Florida Ave Inverness, FL 34453-1546

    • Office buildings
    • 1,530 SF
    • 2.30 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Location Intelligence
    Property ID
    US18-0540384
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sims Auto Sales / Auto Repair Shop / Motor Vehicle Dealer
    • Mobile Welding & Fabrication Services / Welder

    Property Details for 1101 Florida Ave

    Year built
    1972
    Construction
    WOOD
    Lot size
    2.30 lot acres
    Property size
    1,530 SF
    Zone code
    GNC GEN COMMERCIAL
    Property type
    Office buildings
    APN
    19E-18S-36-0010-003.0
    APU
    19E18S3600100030

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $220,000
      7%
      $230,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $250,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $205,000
      Retail
      $200,000
      Mixed-Use
      $250,000
      Hospitality
      $250,000
      Educational
      $205,000
      Residential Income
      $200,000
      Energy
      $240,000
      Income-Based Land
      $245,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Inverness
    County
    Citrus
    State
    Florida
    Longitude
    -82.3629
    Latitude
    28.8787
    CBSA code
    26140
    CBSA name
    HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,039
    $123,640
    $113,340
    $236,980
    -
    $123,640
    $113,340
    $236,980

    Comparable in this City

    • Value Estimation by Request
      1,152 SF

      26 Florida Ave

      OFFICE BUILDING • 1,152 SF
      26 Florida Ave, Inverness, FL 34453-1610
      View Details
    • Value Estimation
      $1,650,000
      880 SF

      3352 Gulf To Lk Hwy

      OFFICE BUILDING • 880 SF
      3352 Gulf To Lk Hwy, Inverness, FL 34453-3230
      View Details
    • Value Estimation
      $245,000
      1,816 SF

      3703 Frst Dr, Unit 9

      OFFICE BUILDING • 1,816 SF
      3703 Frst Dr, Inverness, FL 34453-0787
      View Details
    • Value Estimation by Request
      15,000 SF

      977 Florida Ave

      OFFICE BUILDING • 15,000 SF
      977 Florida Ave, Inverness, FL 34453-1544
      View Details
    • Value Estimation
      $380,000
      7,200 SF

      1605 White Lk Dr

      OFFICE BUILDING • 7,200 SF
      1605 White Lk Dr, Inverness, FL 34453-2434
      View Details
    • Value Estimation
      $235,000
      2,520 SF

      3255 Gulf To Lk Hwy, Unit 1

      OFFICE BUILDING • 2,520 SF
      3255 Gulf To Lk Hwy, Inverness, FL 34453-3237
      View Details

    Similar Nearby for Sale

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      Fully renovated office building in Citrus County with strong income.
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      3,648 SF

      Prime Inverness Commercial Property

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    • $1,375,000
      3,648 SF

      Inverness Commercial Building

      High-Visibility Office Building, Prime Location
      2332 Highway 44, Inverness, FL 34453
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    • $775,000
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      Prime Inverness Office & Land

      High-traffic location, 1854 sq ft office, 2.9 acres.
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      Spacious Office, Excellent Condition, High Visibility
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    Similar Nearby for Lease

    • Contact for pricing
      4,000 SF

      Freestanding Retail/Office Property Available

      4,000 SF property with office and warehouse space for lease.
      3131 E Gulf To Lake Hwy, Inverness, FL 34453
      View Details
    • Contact for pricing
      17,708 SF

      Retail Space in Citrus Center

      Retail suites available in established Inverness shopping center.
      2605-2691 E Gulf To Lake Hwy, Inverness, FL 34453
      View Details
    • Contact for pricing

      Retail Space in Citrus County

      Retail space available in Inverness's power center.
      2709 E Gulf To Lake Hwy, Inverness, FL 34453
      View Details
    • $2,000 /Mo
      43,560 SF

      Inverness Warehouse with High Ceilings

      Industrial building with 3 bays and 24-foot ceilings for rent.
      1411 White Lake Dr, Inverness, FL 34453
      View Details
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    1101 Florida Ave
    Inverness, FL 34453-1546
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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