Discover sweeping waterfront vistas along the beautiful Chain of Lakes from this charming rustic ranch-style home, tucked away on 1.03 shaded acres adorned with majestic oak trees. Offering more than 1,000 square feet of living space, this inviting 2-bedroom, 2-bathroom residence features a spacious living room ideal for relaxing or entertaining. Recent updates add peace of mind: the roof was replaced in 2020, and the HVAC system in 2019. The property also includes a 20' x 20' detached carport and a 10' x 16' utility shed for added storage and convenience. Located just minutes from downtown Inverness and Brooksville, you’ll enjoy easy access to boutique shopping, diverse dining, community parks, public boat ramps, and the scenic Withlacoochee State Trail—one of Florida’s longest paved rail-trails, perfect for biking, hiking, and nature walks. Inverness also hosts seasonal festivals, farmers markets, and exudes a welcoming small-town charm. Don’t miss your chance to own this private lakeside oasis in one of Citrus County’s most sought-after areas. Call today to schedule your personal tour!
Sold for $215,000
$215,000
5540 S Blue Dolphin Way, Floral City, FL 34436
2beds
1,008sqft
Single Family Residence
Built in 1998
1.03 Acres Lot
$217,500 Zestimate®
$213/sqft
$1,268 Estimated rent
Home value
$217,500
$191,000 - $248,000
$1,268/mo
Zestimate® history
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$1,518/mo
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List your homeWhat's special
Rustic ranch-style homeMajestic oak treesWaterfront vistas
Zillow last checked:
Listing updated:
Listed by:
Alan Ivory 352-302-9781,
RE/MAX Realty One
Bought with:
Kirk Johnson, 610687
Citrus Ridge Realty
Source: Realtors Association of Citrus County,MLS#: 848433
Originating MLS: Realtors Association of Citrus County
Originating MLS: Realtors Association of Citrus CountyFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dryer, Electric Cooktop, Electric Oven, Electric Range, Refrigerator, Washer
Features
- Laminate Counters, Primary Suite, Tub Shower, First Floor Entry
- Flooring: Luxury Vinyl Plank
Interior area
- Total structure area: 1,296
- Total interior livable area: 1,008 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport, Driveway, Paved
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Paved Driveway
- Pool features: None
- On waterfront: Yes
- Waterfront features: Canal Access, Waterfront
- Frontage type: Canal,Waterfront
Lot
- Size: 1.03 Acres
- Dimensions: 182 x 197
- Features: Flat
Details
- Additional structures: Shed(s)
- Parcel number: 1891868
- Zoning: CLRMH
- Special conditions: Standard,Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,One Story
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Block, Slab
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: High Speed Internet Available
Community & HOA
Community
- Subdivision: Withlapopka Island
HOA
- Has HOA: No
Location
- Region: Floral City
Financial & listing details
- Price per square foot: $213/sqft
- Tax assessed value: $202,672
- Annual tax amount: $895
- Date on market: 9/28/2025
- Cumulative days on market: 5 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Sold | $215,000-4.4%$213/sqft |
Source:  Realtors Association of Citrus County #848433 Report a problem | ||
| 10/3/2025 | Pending sale | $225,000$223/sqft |
Source: Realtors Association of Citrus County #848433 Report a problem | ||
| 9/28/2025 | Listed for sale | $225,000$223/sqft |
Source: Realtors Association of Citrus County #848433 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $974 +8.7% | $92,903 +2.9% |
| 2024 | $896 +3.6% | $90,285 +3% |
| 2023 | $865 +6.9% | $87,655 +3% |
| 2022 | $809 +4.3% | $85,102 +3% |
| 2021 | $776 +9.3% | $82,623 +1.4% |
| 2020 | $710 +2.2% | $81,482 +2.3% |
| 2019 | $694 +4.8% | $79,650 +1.9% |
| 2018 | $662 | $78,165 +2.1% |
| 2017 | $662 +1.4% | $76,557 +2.1% |
| 2016 | $653 +0% | $74,982 +0.7% |
| 2015 | $653 -1.3% | $74,461 +0.8% |
| 2014 | $661 +5.3% | $73,870 +0.8% |
| 2013 | $628 +6.9% | $73,318 +1.7% |
| 2012 | $587 -3.4% | $72,093 -1.7% |
| 2011 | $608 +3.6% | $73,360 +1.5% |
| 2010 | $587 +8% | $72,276 +12.2% |
| 2009 | $544 +1.2% | $64,439 +0.1% |
| 2008 | $537 -12.5% | $64,375 +3% |
| 2007 | $614 +0.1% | $62,500 +2.5% |
| 2006 | $613 -4.4% | $61,000 +2.9% |
| 2005 | $642 +0.7% | $59,300 +3% |
| 2004 | $638 +6.3% | $57,600 +1.8% |
| 2003 | $600 +7.1% | $56,600 +2.4% |
| 2002 | $560 +5.5% | $55,300 +4.3% |
| 2000 | $531 | $53,000 |
Find assessor info on the county website
Neighborhood: 34436
Nearby homes
- $158,5003 bd2 ba1.1k sqft5580 S Blue Dolphin Way, Floral City, FL 34436Off Market
- $279,9003 bd2 ba1.6k sqft5500 S Withlapopka Dr, Floral City, FL 34436Sold
- $187,5003 bd2 ba1.3k sqft5485 S Blue Dolphin Way, Floral City, FL 34436Sold
- $122,3003 bd2 ba960 sqft5549 S Blue Dolphin Way, Floral City, FL 34436Off Market
- $215,1002 bd2 ba1.3k sqft5565 S Blue Dolphin Way, Floral City, FL 34436Off Market
- $170,0002 bd2 ba935 sqft5501 S Withlapopka Dr, Floral City, FL 34436Off Market
- $166,2002 bd3 ba1.2k sqft5610 S Blue Dolphin Way, Floral City, FL 34436Off Market
- $235,4002 bd2 ba1k sqft5505 S Withlapopka Dr, Floral City, FL 34436Off Market
Nearby schools
GreatSchools rating
- 5/10Floral City Elementary SchoolGrades: PK-5Distance: 3.3 mi
- NACitrus Virtual Instruction ProgramGrades: K-12Distance: 6.6 mi
- 4/10Citrus High SchoolGrades: 9-12Distance: 6.4 mi
Schools provided by the listing agent
- Elementary: Floral City Elementary
- Middle: Inverness Middle
- High: Citrus High
Source: Realtors Association of Citrus County. 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
$217,500
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
$217,500
- Florida
- Citrus County
- Floral City
- 34436
- 5540 S Blue Dolphin Way
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