$145,000
$30K PRICE DROP

1234 Cypress Cove Ct Inverness, FL 34450

Estimated payment $1,459/month

Total Views 2,964
2 Beds
2.5 Baths
1,258 Sq Ft
$115 Price per Sq Ft

Highlights

  • Boat Ramp
  • Chain Of Lake Views
  • End Unit
  • Access To Chain Of Lakes
  • Open Floorplan
  • Community Pool

About This Home

Auction Property. -THIS PROPERTY WILL SELL TO THE LAST AND HIGHEST BIDDER REGARDLESS OF PRICE. FINANCING OK, you need to close within 45
days of sale, please reach out for details.
EVERYONE IS WELCOME TO BID...
ABSOLUTE AUCTION THIS LIVE AUCTION SALE IS HELD AT THE PROPERTY ON SATURDAY, SEPTEMBER 27, 2025, at 11:00 a.m.
PREVIEW FROM 10am on sale day.
Because this is an absolute auction sale, this home may sell for less or more than the list price. If you are interested, please reach out. Seize this incredible opportunity to own a highly desirable WATERFRONT end-unit townhouse with boat dock right on the Tsala Apopka Chain of Lakes! Whether you're searching for a full-time residence, a peaceful vacation home, a profitable short-term rental, this 2-bedroom, 2.5-bath property offers the perfect blend of comfort, style, and income potential.
Recently updated with luxury vinyl plank flooring, modern appliances, and fresh paint, this two-story unit is ready for immediate move-in or rental. The open-concept living space features large sliding glass doors that showcase stunning water views, seamlessly blending indoor and outdoor living spaces. A stylish kitchen with ample storage and a breakfast bar makes hosting guests a breeze. Upstairs, the spacious owner’s suite features a private balcony where guests can sip coffee while overlooking the serene canal. The screened-in back porch provides another relaxing space—perfect for unwinding, fishing, or spotting local wildlife. Plus, the charming front porch adds even more curb appeal. This low-maintenance property is ideal for investors, with a new roof provided by the HOA and access to sought-after amenities, including a sparkling pool and a private boat ramp. Guests can enjoy boating, fishing, and exploring the breathtaking Florida outdoors right from the backyard. Located just minutes from shopping, dining, hospitals, parks, and Rails-to-Trails, this home is in a prime location for short-term renters seeking adventure and relaxation. Don't miss your chance to own a turnkey waterfront rental with incredible earning potential!......BUYER will receive a general warranty deed, free and clear of all debts, guaranteed with a title insurance policy at closing......45 day closing period, 4-point Inspection Is Available. This property can be financed.

Listing Agent

Michael Peters

AMERICAN HERITAGE REALTY, INC. Brokerage Phone: 727-726-7272 License #628000 Listed on: 03/03/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,260

Year Built

  • Built in 1985

Lot Details

  • 2,408 Sq Ft Lot
  • Property fronts a freshwater canal
  • End Unit
  • South Facing Home

HOA Fees

  • $421 Monthly HOA Fees

Parking

  • 2 Parking Garage Spaces

Property Views

  • Chain Of Lake
  • Canal

Home Design

  • Entry on the 1st floor
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 1,258 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Luxury Vinyl Tile Flooring
  • Laundry closet

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Outdoor Features

  • Access To Chain Of Lakes
  • Access to Freshwater Canal
  • Boat Ramp
  • Balcony
  • Private Mailbox

Schools

  • Inverness Primary Elementary School
  • Inverness Middle School
  • Citrus High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, maintenance structure, ground maintenance, trash
  • Qualified Property Mgmt Association, Phone Number (352) 794-1900
  • Visit Association Website
  • Cypress Cove Subdivision

Amenities

  • Community Mailbox

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,260

Year Built

Built in 1985

Lot Details

0

HOA Fees

$421 per month

Listing Details

  • HOA Fee Includes: Pool, Maintenance Structure, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: HardiPlank Type
  • Fireplace: No
  • Living Area: 1258
  • Lot Size Acres: 0.06
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 1558
  • Lot Size Sq Ft: 2408
  • Directions to Property: From the intersection of Hwy 44 & Hwy 41 take Hwy 44 E to Cypress Cove Ct (R) to first (L), and the unit is on the left, end unit.
  • Status: Active
  • Ownership: Fee Simple
  • Entry Level: 1
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 1037999
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 115.26
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: End Unit
  • MFR_NumAssignedParkingSpaces: 2
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Community Boat Ramp,Lake
  • Attribution Contact: 727-726-7272
  • Tax Year: 2024
  • Special Features: 4160

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 1234
  • Living Area Meters: 116.87
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Private Mailbox
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Canal - Freshwater,Lake - Chain of Lakes
  • Water Extras: Boat Ramp - Private
  • Water Extras YN: 1
  • Water View: Canal,Lake - Chain of Lakes
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2014-09-26
  • Flood Zone Panel: 12017C0354D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Mailbox, Pool, Sidewalks
  • Association Fee: 421.33
  • Association Fee Frequency: Monthly
  • Association Name: Qualified Property mgmt
  • Phone: 352-794-1900
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: 1234
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: Cathy@qualifiedproperty.com
  • Association URL: www.qualifiedproperty.com

Fee Information

  • Total Annual Fees: 5055.96
  • Total Monthly Fees: 421.33
  • Monthly HOA Amount: 421.33

Schools

  • Elementary School: Inverness Primary School
  • High School: Citrus High School
  • Middle Or Junior School: Inverness Middle School

Lot Info

  • Zoning: MD
  • Parcel Number: 20E-19S-16-0060-000B0-0060
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 224

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3260
  • Tax Block: B0
  • Tax Book Number: 12-119
  • Tax Lot: 60

Multi Family

  • Waterfront Features: Canal - Freshwater
  • Approval Process: Call association

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $190 $148,771 $18,000 $130,771
2023 $190 $33,571 $0 $0
2022 $164 $32,593 $0 $0
2021 $143 $31,644 $0 $0
2020 $135 $57,431 $5,000 $52,431
2019 $123 $55,546 $6,600 $48,946
2018 $112 $56,738 $6,600 $50,138
2017 $99 $29,320 $6,600 $22,720
2016 $85 $28,717 $6,600 $22,117
2015 $80 $28,517 $6,600 $21,917
2014 $79 $28,291 $6,209 $22,082
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2025 09/16/25 Price Changed $145,000 -3.3% $115 / Sq Ft
09/04/2025 09/04/25 Price Changed $150,000 -14.3% $119 / Sq Ft
07/21/2025 07/21/25 Price Changed $175,000 -2.8% $139 / Sq Ft
06/20/2025 06/20/25 Price Changed $180,000 0.0% $143 / Sq Ft
06/20/2025 06/20/25 For Sale $180,000 +20.0% $143 / Sq Ft
03/22/2025 03/22/25 Pending -- -- --
03/17/2025 03/17/25 Price Changed $150,000 -6.3% $119 / Sq Ft
03/11/2025 03/11/25 Price Changed $160,000 -3.0% $127 / Sq Ft
03/05/2025 03/05/25 Price Changed $165,000 -5.7% $131 / Sq Ft
03/03/2025 03/03/25 For Sale $175,000 -- $139 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Deed $44,500 --
Deed $500,000 --
Source: Public Records

Source: Stellar MLS

MLS Number: TB8354543

Stellar MLS

APN: 20E-19S-16-0060-000B0-0060