$275,000
$28K PRICE DROP

503 Palma Ceia Point Inverness, FL 34450

Estimated payment $1,832/month

Total Views 20,416
2 Beds
2 Baths
1,452 Sq Ft
$189 Price per Sq Ft

Highlights

  • Water Access
  • Mediterranean Architecture
  • 2 Car Attached Garage
  • Cathedral Ceiling
  • Stone Countertops
  • Walk-In Closet

About This Home

LOCATION, LOCATION, LOCATION! Discover luxurious, low maintenance living in the highly sought-after waterfront community of The Landings at Inverness, perfectly situated in the heart of Downtown Inverness. This meticulously maintained home offers the perfect blend of comfort, convenience, and charm all within walking distance to the best the city has to offer. Calling all Fishermen, Boaters, and Bike Trail Enthusiasts. Convenient access to the scenic Withlacoochee Bike Trail and a public boat ramp just a few blocks away. Discover unparalleled charm and convenience in this exquisite 2-bedroom, 2-bathroom with a glass enclosed Florida room ideal for a home office or cozy retreat. Boasting a generous 2-car garage with a workshop and a newly updated interior, this property offers a lifestyle of comfort and sophistication. The updated kitchen & bathrooms offer shaker style cabinets & granite countertops. LVP Flooring throughout, Breakfast Bar, Inside Laundry & Partially Furnished (optional). Tile Roof in 2019, new Rheem Proterra Water Heater & Whirlpool Washer & Dryer. HOA fees cover irrigation, weekly lawn maintenance & street lighting. City Water & Sewer include Garbage Pick Up & Recycling! Experience the best of Inverness living with beautiful parks, a playground, bike trails and a diverse array of restaurants just a short stroll away. Enjoy local events, charming boutiques, and delicious dining options right at your fingertips. For peace of mind, this home is conveniently located near area hospitals and medical facilities. No flood insurance needed, High & Dry!

Listing Agent

Kimberly Miner

Century 21 J.W.Morton R.E. License #3055676 Listed on: 07/28/2025

Century 21 J.W.Morton R.E.

Co-Listing Agent

Laurie Callahan

Century 21 J.W.Morton R.E. License #3364331

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,831

Year Built

  • Built in 1990

Lot Details

  • 6,887 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned LMD

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,452 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Luxury Vinyl Plank Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Water Access

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater

Community Details

Overview

  • Association fees include ground maintenance, street lights, sprinkler
  • The Landings Association
  • Landings At Inverness Subdivision

Amenities

  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,831

Year Built

Built in 1990

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Architectural Style: Mediterranean, One Story
  • Carport Y N: No
  • Co List Office Phone: (352) 726-6668
  • Directions: North Apopka to (R) on Vine to Entrance to (L) on San Remo to (R) on Palma Ceia Point to home on (L)
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.16
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Building Stories: 1
  • Subdivision Name: Landings at Inverness
  • Year Built: 1990
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Luxury Vinyl Plank
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Dual Sinks, Primary Suite, Stone Counters, Shower Only, Solar Tube(s), Separate Shower, Walk-In Closet(s)
  • Living Area: 1452.0

Exterior Features

  • Construction Type: Frame, Stucco
  • Exterior Features: Concrete Driveway
  • Lot Features: Rectangular
  • Pool Features: None
  • Waterfront Features: Water Access
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry - Living Area
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association Name: The Landings
  • Association: Yes
  • Community Features: Shopping, Street Lights
  • Senior Community: No

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Lights, Sprinkler

Schools

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

Lot Info

  • Lot Size Sq Ft: 6887.0
  • Zoning: LMD

Tax Info

  • Tax Annual Amount: 2830.6
  • Tax Year: 2024

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 $2,831 $178,099 -- --
2024 $2,751 $173,080 -- --
2023 $2,751 $168,039 $0 $0
2022 $1,835 $128,516 $0 $0
2021 $1,753 $124,773 $0 $0
2020 $1,742 $135,174 $7,000 $128,174
2019 $2,719 $121,759 $7,420 $114,339
2018 $961 $123,520 $7,420 $116,100
2017 $932 $84,079 $7,420 $76,659
2016 $904 $82,350 $7,420 $74,930
2015 $894 $81,778 $7,420 $74,358
2014 $915 $81,129 $6,789 $74,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2025 12/03/25 Price Changed $275,000 -3.5% $189 / Sq Ft
10/15/2025 10/15/25 Price Changed $285,000 -3.4% $196 / Sq Ft
09/16/2025 09/16/25 Price Changed $295,000 -1.6% $203 / Sq Ft
08/29/2025 08/29/25 Price Changed $299,900 -1.0% $207 / Sq Ft
07/28/2025 07/28/25 For Sale $302,900 +102.1% $209 / Sq Ft
11/19/2018 11/19/18 Sold $149,900 -3.2% $111 / Sq Ft View Prior Sale
10/20/2018 10/20/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $154,900 -- $114 / Sq Ft
Source: REALTORS® Association of Citrus County

Purchase History

Date Type Sale Price Title Company
Warranty Deed $185,000 Landcastle Title
Warranty Deed $149,900 American Title Services
Warranty Deed -- Attorney
Deed $79,900 --
Deed $65,000 --
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 Balloon
Previous Owner $142,405 New Conventional
Source: Public Records

Source: REALTORS® Association of Citrus County

MLS Number: 846761

REALTORS® Association of Citrus County

APN: 20E-19S-08-0070-00000-0520