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1259 S ELMWOOD Drive Inverness FL 34450US12.00 Bath (12 Full Bath), 2255964
1259 S ELMWOOD Drive InvernessFL34450
1500000.0000 1/1/1900 12:00:00 AM
Realty Executives Mid Florida
1008 E. Silver Springs Blvd.OcalaFL34470
352-624-2333
1 /

Courtesy of: Ron Valure, Tropic Shores Realty LLC, ron.valure@gmail.com

1259 S ELMWOOD Drive
Inverness FL 34450 US

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1 /

Courtesy of: Ron Valure, Tropic Shores Realty LLC, ron.valure@gmail.com

Realty Executives Mid Florida
1008 E. Silver Springs Blvd.
Ocala, FL, US 34470
352-624-2333

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1259 S ELMWOOD Drive
Inverness FL 34450 US

$1,500,000

Active Listing ID 2255964
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12.00 Bath (12 Full)
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Lot: 0.66 Acres
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Other

$1,500,000

Active Listing ID 2255964
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1259 S ELMWOOD Drive ***WATERFRONT GULF TO LAKE APARTMENTS IS NOW AVAILABLE FOR SALE!*** 10 completely renovated units top to bottom with 2 additional 2 bedroom units with washer/dryer hookups framed and ready to be finished for additional income if so desired. (All currently vacant due to renovations) (1) efficiency, (8) one bedroom & (1) two bedroom. These units should bring a minimum of 1000 a month and as much as 2000 mo. Current owner has spent more than 60k on the septic system, ALL NEW SYSTEM (biodegradable) About 120k completely new electrical system (sub panel per unit installed) 100k on completely new plumbing system. 50k on the new ac units with foam insulation on the roofing. 20k for new water tanks and filtration system. 200k for interior cabinets/flooring/ fixtures/appliances and painting. 20k complete outside renovations & painting. This is an excellent investment property with the right management. Possible Airbnb would bring HUGE income as boat ramp leads to chain of lakes. Come take a look!

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Property Features

  • Facts
  • Lot Size: 0.66 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 12
  • Roof Type: Metal
  • Additional Features
  • Waterfront

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 1500000
  • unparsedaddress: 1259 S ELMWOOD Drive
  • postalcity: Inverness
  • stateorprovince: FL
  • country: US
  • postalcode: 34450
  • bathroomsfull: 12
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.66
  • lotsizeunits: Acres
  • lotsizearea: 0.66
  • livingarea: 5400
  • livingareaunits: Square Feet
  • latitude: 28.843874
  • longitude: -82.285296
  • listagentfullname: Ron Valure
  • listagentemail: ron.valure@gmail.com
  • listagentkey: 3yd-HCARFL-valuro
  • listagentmlsid: valuro
  • listagentpreferredphone: 3526847371
  • listagentofficephone: 3526847371
  • listofficekey: 3yd-HCARFL-1660
  • listagentstatelicense: 3219711
  • listofficemlsid: 1660
  • disclaimer: Copyright © 2025 Hernando County Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: HCARFL
  • yearbuilt: 1970
  • listingcontractdate: 2025-10-04
  • listagentfax: 3526847647
  • listagenturl: http://www.TropicShoresRealty.com
  • countyorparish: Citrus
  • constructionmaterials: Block, Frame, Stucco
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Assigned
  • roof: Metal
  • waterfrontyn: True
  • franchiseaffiliation: Independent
  • rooms: Bathroom 3, Bathroom 4, Bathroom 10, Bathroom 12, Bathroom 11, Bathroom 8, Bathroom 6, Bathroom 7, Bathroom 5, Bathroom 2, Bathroom 1, Bathroom 9
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.28529, 28.843874
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Tropic Shores Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ron.valure@gmail.com", "ListBrokerageCity":"Spring Hill", "ListBrokerageCountry":"US", "ListBrokerageEmail":"JimTacy@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/HCARFL/c5ababf0235cf92601235d8f15b60054/20100208112446523.png", "ListBrokerageName":"Tropic Shores Realty", "ListBrokeragePhone":"(352) 279-4408", "ListBrokeragePostalCode":"34606", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3441 Deltona Blvd", "ListBrokerageWebsiteUrl":"http://www.TropicShoresRealty.com", "ListOfficeAddress1":"3441 Deltona Boulevard ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1660", "ListOfficeCity":"Spring Hill", "ListOfficeCountry":"USA", "ListOfficeEmail":"jimtacy@gmail.com", "ListOfficePostalCode":"34606", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Inverness, FL", "ListingURL":null, "MLSModificationTimestamp":"2025-10-19 12:04:37", "Neighborhoods":[{"Description":null, "Name":"Not In Hernando"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7190, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/19/2025 12:16:56 PM GMT
Source Updated Date: 12/6/2025 6:55:43 PM GMT

Courtesy of: Ron Valure, Tropic Shores Realty LLC, ron.valure@gmail.com

Copyright © 2025 Hernando County Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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