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    Property profile & analytics

    207 Apopka Ave Inverness, FL 34450-4239

    • Turn key restaurants
    • 1,532 SF
    • 0.56 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Location Intelligence
    Property ID
    US18-0550168
    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

    • Oscar Penns Restaurant / Sushi Restaurant / Steak House

    Property Details for 207 Apopka Ave

    Year built
    1914
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.56 lot acres
    Property size
    1,532 SF
    Zone code
    CBD CENTRAL BUSINESS DIST
    Property type
    Turn key restaurants
    APN
    20E-19S-17-0050-01200-016.0
    APU
    20E19S170050012000160

    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%
      $185,000
      6.5%
      $180,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $200,000
      Geo Method
      $175,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $170,000
      Retail
      $180,000
      Mixed-Use
      $185,000
      Hospitality
      $165,000
      Educational
      $170,000
      Residential Income
      $155,000
      Energy
      $205,000
      Income-Based Land
      $205,000
      Food Service
      $205,000

    Location Insight

    • Map
    • Local Demand
    City
    Inverness
    County
    Citrus
    State
    Florida
    Longitude
    -82.3306
    Latitude
    28.8386
    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
    $4,452
    $108,770
    $105,260
    $214,030
    -
    $108,770
    $105,260
    $214,030

    Comparable in this City

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      $355,000
      1,639 SF

      12323 Gulf To Lk Hwy

      RESTAURANT • 1,639 SF
      12323 Gulf To Lk Hwy, Inverness, FL 34450-3129
      View Details
    • Value Estimation
      $285,000
      2,500 SF

      114 Main St

      RESTAURANT • 2,500 SF
      114 Main St, Inverness, FL 34450-4853
      View Details
    • Value Estimation
      $305,000
      2,582 SF

      301 Main St

      RESTAURANT • 2,582 SF
      301 Main St, Inverness, FL 34450-4743
      View Details
    • Value Estimation
      $295,000
      2,664 SF

      104 Main St

      RESTAURANT • 2,664 SF
      104 Main St, Inverness, FL 34450
      View Details
    • Value Estimation
      $310,000
      1,920 SF

      859 Us Hwy 41

      RESTAURANT • 1,920 SF
      859 Us Hwy 41, Inverness, FL 34450-6893
      View Details
    • Value Estimation
      $335,000
      3,567 SF

      804 Us Hwy 41

      RESTAURANT • 3,567 SF
      804 Us Hwy 41, Inverness, FL 34450-6859
      View Details

    Similar Nearby for Sale

    • $1,200,000
      3,266 SF

      Thriving Restaurant in Inverness, FL

      Established restaurant for sale in historic Inverness, Florida.
      104 Us Highway 41 S, Inverness, FL 34450
      View Details
    • $1,200,000
      3,266 SF

      Established Restaurant in Inverness, FL

      Thriving restaurant on Highway 41, a community staple for 17 years.
      104 Us Highway 41 S, Inverness, FL 34450
      View Details
    • $1,200,000
      0.26 Acres

      Thriving Restaurant in Historic Inverness

      Well-established restaurant for sale in the heart of Inverness, FL.
      104 Us Highway 41 S, Inverness, FL 34450
      View Details
    • $649,500
      1.85 Acres

      Prime Commercial Land For Sale

      1.85-acre commercial land in booming Inverness, Florida.
      3109 S Florida Ave, Inverness, FL 34450
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    • $1,400,000
      0.19 Acres

      Downtown Inverness Commercial Property For Sale

      Adaptable commercial space in vibrant downtown Inverness, suitable for various businesses.
      124 N Apopka Ave, Inverness, FL 34450
      View Details
    • $1,100,000
      0.58 Acres

      Prime Commercial Opportunity on US Hwy

      Highly visible corner lot with excellent frontage and strong exposure.
      525 S Us Highway 41, Inverness, FL 34450
      View Details

    Similar Nearby for Lease

    • $13,500 /Mo
      134,600 SF

      Inverness Commercial Property for Rent

      3.09-acre commercial property with 32,608 SF mixed-use facility for rent.
      315 S Us Highway 41, Inverness, FL 34450
      View Details
    • $8,250 /Mo
      13,068 SF

      Remodeled Retail Space in Inverness

      3300 SF remodeled retail space in downtown Inverness for lease.
      805 W Main St, Inverness, FL 34450
      View Details
    • $675 /Mo
      249 SF

      Historic Downtown Inverness Office Suite

      Charming furnished office suite in historic downtown Inverness.
      111 W Main St, Inverness, FL 34450
      View Details
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    207 Apopka Ave
    Inverness, FL 34450-4239
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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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