$155,000
PENDING

1264 Cypress Cove Ct Inverness, FL 34450

Estimated payment $1,333/month

Total Views 577
2 Beds
2.5 Baths
1,230 Sq Ft
$126 Price per Sq Ft

Highlights

  • Boat Ramp
  • Open Floorplan
  • Community Pool
  • Access To Chain Of Lakes
  • Canal View
  • Cottage

About This Home

Under contract-accepting backup offers. Welcome to Cypress Cove, a peaceful waterfront community where you can enjoy the best of Florida living. This two-bedroom, two-and-a-half-bath townhouse is tucked away at the back of the neighborhood, offering extra privacy and beautiful water views from not one, but two balconies. The main level features an open-concept layout, combining the kitchen, dining, and living areas for effortless flow and entertaining. It’s the perfect setup for gatherings or simply relaxing while enjoying views of the canal. There is an in-unit laundry closet located right off of the back porch for convenience. Upstairs, you’ll find two spacious primary suites, each with its own full bathroom—ideal for guests, family, or even a roommate option. One of the two bedrooms has a balcony that overlooks the water. This community offers water access to Lake Henderson and Lake Spivey, with community amenities such as a pool, boat ramp, and water access for boating, kayaking, or fishing. The monthly HOA dues are $318 per month, and cover building maintenance, grounds maintenance and garbage removal, making this home maintenance free for you to enjoy Florida living at its best or use as a vacation home or investment property. Recent updates include a new refrigerator, new water heater in 2025, a roof that’s only two years old, and an HVAC system from 2020. This home offers incredible value for waterfront living in a desirable community in an awesome location. You are minutes away from Citrus Memorial Hospital, The Depot in Downtown Inverness, Citrus County offices and courthouse, dining and shopping. From 44 it is a short drive to I-75, Ocala, Orlando and Tampa!

Listing Agent

Michelle Hill

TROPIC SHORES REALTY LLC Brokerage Phone: 352-684-7371 License #3442185 Listed on: 11/13/2025

TROPIC SHORES REALTY LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,402

Year Built

  • Built in 1987

Lot Details

  • 1,555 Sq Ft Lot
  • Property fronts a canal with brackish water
  • Northeast Facing Home

HOA Fees

  • $318 Monthly HOA Fees

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,230 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Outdoor Features

  • Access To Chain Of Lakes
  • Access to Freshwater Canal
  • Boat Ramp
  • Balcony
  • Enclosed Patio or Porch

Schools

  • Citrus Springs Elementar Elementary School
  • Inverness Middle School
  • Citrus High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, maintenance, pool, trash
  • Jo Davis Association, Phone Number (352) 794-1900
  • Visit Association Website
  • Cypress Cove Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Community Mailbox

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,402

Year Built

Built in 1987

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Maintenance, Pool, Trash
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Cottage
  • Construction Materials: Wood Siding
  • Fireplace: No
  • Living Area: 1230
  • Lot Size Acres: 0.04
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 1530
  • Lot Size Sq Ft: 1555
  • Status: Pending
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 142.14
  • Escrow City: Crystal River
  • Escrow State: FL
  • Escrow Street Name: W Gulf to Lake
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 126.02
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Canal Front,Community Boat Ramp,Water Access,Waterfront
  • Attribution Contact: 352-684-7371
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Linoleum
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom
  • Appliances Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2
  • Living Area Meters: 114.27

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Balcony, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water Access: Canal - Brackish,Canal - Freshwater,Lake - Chain of Lakes
  • Water Extras: Boat Ramp - Private
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12017C0354D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Laundry Closet, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Pool
  • Association Fee: 318
  • Association Fee Frequency: Monthly
  • Association Name: Jo Davis
  • Phone: 352-794-1900
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: jo@qualifiedproperty.com
  • Association URL: cypresscovepoa.com

Fee Information

  • Total Annual Fees: 3816.00
  • Total Monthly Fees: 318.00
  • Monthly HOA Amount: 318.00

Schools

  • Elementary School: Citrus Springs Elementar
  • High School: Citrus High School
  • Middle Or Junior School: Inverness Middle School

Lot Info

  • Zoning: MD
  • Parcel Number: 20E-19S-16-0060-000J0-0030
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer and Buyers agent to verify and confirm all HOA and leasing restrictions.

Tax Info

  • Tax Annual Amount: 2402.11
  • Tax Block: J0
  • Tax Book Number: 12-119
  • Tax Lot: 30

Multi Family

  • Waterfront Features: Canal - Brackish

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $2,368 $146,393 $18,000 $128,393
2024 $2,193 $148,742 $18,000 $130,742
2023 $2,193 $137,875 $18,000 $119,875
2022 $1,757 $89,585 $5,000 $84,585
2021 $1,533 $71,321 $5,000 $66,321
2020 $416 $57,308 $5,000 $52,308
2019 $404 $55,442 $6,600 $48,842
2018 $392 $56,614 $6,600 $50,014
2017 $375 $41,400 $6,600 $34,800
2016 $833 $36,308 $6,600 $29,708
2015 $921 $42,250 $6,600 $35,650
2014 $857 $35,810 $5,869 $29,941
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2025 11/24/25 Pending -- -- --
11/13/2025 11/13/25 For Sale $155,000 +63.6% $126 / Sq Ft
08/31/2020 08/31/20 Sold $94,750 0.0% $75 / Sq Ft View Prior Sale
08/01/2020 08/01/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $94,750 +89.5% $75 / Sq Ft
11/07/2013 11/07/13 Sold $50,000 -16.5% $41 / Sq Ft View Prior Sale
10/08/2013 10/08/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $59,900 -- $49 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $94,800 First International Ttl Inc
Warranty Deed $94,800 First International Title
Warranty Deed $50,000 American Title Services Of C
Deed $39,000 --
Deed $100 --
Deed $81,000 --
Deed $500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,800 New Conventional
Closed $75,800 New Conventional
Source: Public Records

Source: Stellar MLS

MLS Number: W7880644

Stellar MLS

APN: 20E-19S-16-0060-000J0-0030