Experience the charm of Inverness’ Historic District with this beautiful waterfront home offering 4 bedrooms, 1 full bath, and 2 half baths on Lake Henderson with direct access to the Tsala Apopka Chain of Lakes. Whether you enjoy boating, fishing, kayaking, paddleboarding, or simply taking in the peaceful water views, this property offers the perfect Florida lifestyle. As you step inside, you are welcomed by a spacious living room filled with natural light. The main level features two bedrooms, including a primary suite with a full ensuite bathroom. The galley kitchen offers a gas stove, plenty of cabinets, and ample countertop space for preparing meals. Just off the kitchen is a versatile bonus room with stunning views of the backyard and lake, making it the perfect space for a dining room, sitting area, playroom, home office, or art studio. Upstairs, you will find two additional guest bedrooms and a half bath, all while enjoying more beautiful views overlooking the water. Step outside to your own private waterfront retreat. The backyard features a storage shed for all your outdoor equipment and a private dock where you can tie up your boat, jet skis, or kayaks, or spend the day fishing right from your backyard. Whether you’re searching for a profitable short term vacation rental, a long term investment property, a peaceful winter retreat, or your forever home, this property offers incredible flexibility. Its prime waterfront location, close proximity to downtown Inverness, and access to the Chain of Lakes make it an attractive option for both homeowners and guests alike. Located just minutes from the heart of downtown Inverness, you will enjoy easy access to locally owned restaurants, boutique shopping, coffee shops, parks, entertainment, festivals, and so much more. Combining historic charm, waterfront living, and an unbeatable location, this home offers the opportunity to enjoy everything the Nature Coast has to offer!
For sale
$599,000
506 LAKE STREET, INVERNESS, FL 34450
4beds
1,358sqft
Single Family Residence
Built in 1930
5,410 Square Feet Lot
$-- Zestimate®
$441/sqft
$-- HOA
What's special
Waterfront homePeaceful water viewsPrivate waterfront retreatAmple countertop spacePlenty of cabinets
- 106 days
- 114
- 4
Zillow last checked:
Listing updated:
Listed by:
Chad MacBlain 740-801-0071,
KELLER WILLIAMS CORNERSTONE RE 352-369-4044,
Alexus Macblain 740-255-3338,
KELLER WILLIAMS CORNERSTONE RE
Source: Stellar MLS,MLS#: OM729247
Originating MLS: Ocala - Marion

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Primary bedroom
- Features: Dual Closets
- Level: Second
- Area: 131.1 Square Feet
- Dimensions: 10x13.11
Bedroom 2
- Features: Dual Closets
- Level: First
- Area: 125.44 Square Feet
- Dimensions: 11.2x11.2
Bedroom 3
- Features: No Closet
- Level: First
- Area: 99.9 Square Feet
- Dimensions: 9x11.1
Bedroom 4
- Features: Dual Closets
- Level: Second
- Area: 122.67 Square Feet
- Dimensions: 8.7x14.1
Family room
- Level: First
- Area: 142.9 Square Feet
- Dimensions: 10.9x13.11
Kitchen
- Level: First
- Area: 132.6 Square Feet
- Dimensions: 7.8x17
Living room
- Level: First
- Area: 299.25 Square Feet
- Dimensions: 17.1x17.5
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Electric Water Heater, Microwave, Range, Washer
- Laundry: Electric Dryer Hookup, Laundry Closet, Washer Hookup
Features
- Ceiling Fan(s), High Ceilings, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s)
- Flooring: Carpet, Laminate, Luxury Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,426
- Total interior livable area: 1,358 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Rear Porch
- Exterior features: Private Mailbox, Private Yard, Rain Gutters, Storage
- Has view: Yes
- View description: Water, Lake
- Has water view: Yes
- Water view: Water,Lake
- Waterfront features: Lake - Chain of Lakes, Lake Privileges, Boat Ramp - Private
- Body of water: LAKE HENDERSON
Lot
- Size: 5,410 Square Feet
- Dimensions: 50 x 97
- Features: Cleared, Landscaped, Level
- Residential vegetation: Oak Trees
Details
- Additional structures: Shed(s)
- Parcel number: 20E19S170020001600040
- Zoning: LMD
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Frame
- Foundation: Block, Pillar/Post/Pier
- Roof: Metal,Shingle
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: HAWKINS ADD
HOA
- Has HOA: No
Location
- Region: Inverness
Financial & listing details
- Price per square foot: $441/sqft
- Tax assessed value: $201,227
- Annual tax amount: $771
- Date on market: 7/29/2026
- Cumulative days on market: 106 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Listed for sale | $599,000+187.3%$441/sqft |
Source: | ||
| 2/15/2019 | Listing removed | $208,500$154/sqft |
Source: CENTURY 21 J W Morton Real Estate, Inc. #775966 Report a problem | ||
| 1/12/2019 | Price change | $208,500-0.7%$154/sqft |
Source: CENTURY 21 J W Morton Real Estate, Inc. #775966 Report a problem | ||
| 8/15/2018 | Listed for sale | $210,000+2.4%$155/sqft |
Source: Century 21, J.W. Morton #775966 Report a problem | ||
| 11/20/2011 | Listing removed | $205,000$151/sqft |
Source: Sherri C Parker & Associates, Realtors, LLC #348236 Report a problem | ||
| 3/30/2011 | Listed for sale | $205,000$151/sqft |
Source: Sherri C Parker & Associates, Realtors, LLC #348236 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $771 +5.1% | $84,776 +2.9% |
| 2024 | $734 -8.3% | $82,387 +3% |
| 2023 | $801 +8.8% | $79,987 +3% |
| 2022 | $736 +6.4% | $77,657 +3% |
| 2021 | $691 +0.2% | $75,395 +1.4% |
| 2020 | $690 -1% | $74,354 +2.3% |
| 2019 | $697 -0.8% | $72,682 +1.9% |
| 2018 | $703 | $71,327 +2.1% |
| 2017 | $703 +0.1% | $69,860 +2.8% |
| 2016 | $702 +0.6% | $67,970 -0.7% |
| 2015 | $698 -0.8% | $68,453 +0.8% |
| 2014 | $704 -5.7% | $67,910 -4.5% |
| 2013 | $746 +5.4% | $71,101 +1.7% |
| 2012 | $708 +1.9% | $69,913 +3% |
| 2011 | $694 +3.8% | $67,877 +1.5% |
| 2010 | $669 -8.1% | $66,874 -9.7% |
| 2009 | $728 +2.8% | $74,027 +0.1% |
| 2008 | $709 -24.9% | $73,954 +3% |
| 2007 | $943 +2.9% | $71,800 +5.3% |
| 2006 | $916 -5% | $68,200 +2.9% |
| 2005 | $964 -27% | $66,300 +21.9% |
| 2004 | $1,322 +895.9% | $54,400 +77.8% |
| 2003 | $133 +11.3% | $30,600 +2.3% |
| 2002 | $119 +30.9% | $29,900 +4.2% |
| 2000 | $91 | $28,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Tompkinsville
Nearby schools
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.







