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Sold for $142,000
  • $142,000

    1280 Cypress Cove Ct, Inverness, FL 34450

    2beds
    1,230sqft
    Townhouse
    Built in 1985
    1,675 Square Feet Lot
    $145,100 Zestimate®
    $115/sqft
    $1,654 Estimated rent

    Home value

    $145,100

    $126,000 - $167,000

    $1,654/mo

    Zestimate® history
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    What's special

    Auction Property. Two units Sold Separately. The Second unit is 1234 Cypress Ct (MLS# TB8354543).....SALE HELD AT 1234 CYPRESS CT FIRST ON SATURDAY, MARCH 22nd at 12:00 pm - Noon. Preview from 11:00 am on sale day. Because this is an auction sale, the home may sell for less or more than the list price....Nestled on the scenic Inverness Chain of Lakes, this beautifully updated 2-bedroom, 2.5-bathroom townhome offers the perfect blend of comfort, convenience, and investment potential. Whether you're looking for a full-time residence, vacation getaway, or income-producing short-term rental, this property checks all the boxes! Ideally located just minutes from downtown Inverness, enjoy easy access to restaurants, shopping, the Withlacoochee State Trail, and endless outdoor activities. Freshly painted and with new flooring and ceiling fans, this home is move-in or rental-ready! The open-concept kitchen and living area provide a seamless flow, with a breakfast bar and dedicated dining space that overlooks the serene lake. Unlike some units in the community, this townhome features a traditional staircase and ample storage closets. Upstairs, both bedrooms have private en-suite bathrooms, ensuring comfort and privacy. The primary suite features two built-in closets and a balcony with breathtaking lake views, perfect for morning coffee or evening relaxation. A laundry closet with a stacked washer and dryer is conveniently located between the bedrooms. The guest suite includes its own bathroom with a walk-in shower. This sought-after community offers a sparkling pool, a private boat ramp, and a storage area, making it a prime choice for vacationers and renters alike. Short-term rentals are allowed, presenting a fantastic opportunity for passive income. Plus, the HOA covers exterior maintenance, roof care, lawn service, trash pickup, and more, allowing for a truly low-maintenance lifestyle. Don't miss your chance to own a turnkey lakefront rental or dream home in one of Inverness’s most desirable locations.........BUYER will receive a general warranty deed, free and clear of all debts, guaranteed with a title insurance policy at closing...WILL ENTERTAIN OFFERS PRIOR TO THE AUCTION SALE. See Attachments for offer Instructions. The 4-point Inspection will be Attached shortly and Available at the Preview.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Peters 727-251-0531,

    AMERICAN HERITAGE REALTY, INC. 727-726-7272

    Bought with:

    Michael Peters, 628000

    AMERICAN HERITAGE REALTY, INC.

    Source: Stellar MLS,MLS#: TB8354875MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Built-in Closet
    • Level: Second
    Bedroom 1
    • Features: Built-in Closet
    • Level: Second
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Water Heater, Range, Refrigerator
    • Laundry: Inside, Laundry Closet
    Features
    • Ceiling Fan(s), Living Room/Dining Room Combo, PrimaryBedroom Upstairs
    • Flooring: Laminate
    • Doors: Sliding Doors
    • Has fireplace: No
    Interior area
    • Total structure area: 1,530
    • Total interior livable area: 1,230 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Canal, Lake
    • Has water view: Yes
    • Water view: Canal,Lake
    • Waterfront features: Canal - Freshwater, Freshwater Canal Access, Lake Privileges, Boat Ramp - Private
    Lot
    • Size: 1,675 Square Feet
    Details
    • Parcel number: 20E19S160060000D00050
    • Zoning: MD
    • Special conditions: Auction

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Materials
    • Wood Frame
    • Foundation: Crawlspace, Pillar/Post/Pier
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

    Community & HOA

    Community
    • Features: Deed Restrictions, Pool
    • Pet fee: $0 monthly
    • Subdivision: CYPRESS COVE
    HOA
    • Has HOA: Yes
    • Services included: Community Pool, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Recreational Facilities, Trash
    • HOA fee: $318 monthly
    • HOA name: Qualified Property mgmt
    • HOA phone: 352-794-1900
    Location
    • Region: Inverness

    Financial & listing details

    • Price per square foot: $115/sqft
    • Tax assessed value: $132,221
    • Annual tax amount: $1,758
    • Date on market: 3/3/2025
    • Cumulative days on market: 142 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/3/2025Listing removed$3,250$3/sqft
    Source: Zillow Rentals Report a problem
    7/17/2025Price change$3,250+44.4%$3/sqft
    Source: Zillow Rentals Report a problem
    7/13/2025Listed for rent$2,250+136.8%$2/sqft
    Source: Zillow Rentals Report a problem
    5/6/2025Sold$142,000-5.3%$115/sqft
    Source: Stellar MLS #TB8354875 Report a problem
    2/4/2025Price change$149,900-10.2%$122/sqft
    Source: Realtors Association of Citrus County #838167 Report a problem
    11/29/2024Price change$167,000-3.2%$136/sqft
    Source: Realtors Association of Citrus County #838167 Report a problem
    10/17/2024Listed for sale$172,500+155.6%$140/sqft
    Source: Realtors Association of Citrus County #838167 Report a problem
    5/18/2018Listing removed$950$1/sqft
    Source: The Holloway Group #773501 Report a problem
    5/8/2018Listed for rent$950$1/sqft
    Source: The Holloway Group, PA #773501 Report a problem
    4/30/2018Sold$67,500-7.4%$55/sqft
    Source: Realtors Association of Citrus County #768545 Report a problem
    4/27/2018Pending sale$72,900$59/sqft
    Source: Van Der Valk Realty #768545 Report a problem
    1/17/2018Listed for sale$72,900+91.8%$59/sqft
    Source: Van Der Valk Realty #768545 Report a problem
    5/29/2015Sold$38,000$31/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,988 +5.2%$77,818 +10%
    2024$1,891 +7.6%$70,744 +10%
    2023$1,758 +34.1%$64,313 +10%
    2022$1,310 +14.7%$58,466 +10%
    2021$1,143 +5.5%$53,151 +7.1%
    2020$1,083 -11.7%$49,624 -9.7%
    2019$1,227 +21.7%$54,937 +4.3%
    2018$1,008 $52,672 +36.1%
    2017$1,008 +16.7%$38,694 +13.8%
    2016$864 +10.7%$34,013 +28.7%
    2015$780 +2309.2%$26,418 +0.8%
    2014$32 +66.8%$26,208 +1.5%
    2013$19 +124%$25,821 +1.7%
    2012$9 -90.2%$25,390 -12.5%
    2011$89 -33%$29,024 -6.8%
    2010$132 -48.2%$31,156 -15.4%
    2009$255 -14.4%$36,813 -5.9%
    2008$298 +13.8%$39,140 +3%
    2007$262 +2.1%$38,000 +2.4%
    2006$257 -1%$37,100 +2.8%
    2005$259 +5.6%$36,100 +2.8%
    2004$245 +9%$35,100 +1.7%
    2003$225 -20.2%$34,500 -5.7%
    2002$282 +13.5%$36,600 +4.3%
    2000$249 $35,100
    Find assessor info on the county website

    Neighborhood: 34450

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Inverness Primary School
    • Middle: Inverness Middle School
    • High: Citrus High School

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $145,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $145,100