Townhouse at 1340 CYPRESS COVE CT, INVERNESS
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$172,000

1340 CYPRESS COVE CT
INVERNESS, FL 34450
Listed by Geri Gaugler · ERA AMERICAN SUNCOAST REALTY
Bedrooms
2
Bathrooms
2.5
Living area
1,230 sqft
Year built
1985

About this home

Waterfront victorian style townhome near the heart of downtown Inverness. Your backyard is a freshwater channel leading to the open canals and lakes in one direction, and the famous Lake Henderson in the other direction, just yards away! The entrance to the Withlacooche State Trail for 46 miles of walking and bike trails through 5 counties is only 2 blocks away for amazing downtown access. The community has its own private boat ramp and boat storage. There’s also a pool with private restrooms and a lovely gazebo for shade. This virtually maintenance free neighborhood can be a wonderful home, a getaway vacation home , or for income as a short or long term rental. The home can be purchased completely furnished or unfurnished. With a water view balcony on the top floor, an back porch overlooking the canal, and a front porch facing the neighborhood, a full bath for each bedroom and another for downstairs, plenty of parking and lush open areas for recreation, you cannot find a more affordable and scenic home on the water at this price anywhere. Close

Highlights

Waterfront

Property details

MLS
Stellar MLS
MLS #
MFRTB8492053
Property type
Townhouse
Subdivision
CYPRESS COVE
Status
Active
Days on market
61
On market date
April 4, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.03 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
INVERNESS PRIMARY SCHOOL
1.46 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
598
Student:teacher ratio
16.2:1
District
CITRUS
Middle
INVERNESS MIDDLE SCHOOL
1.99 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,035
Student:teacher ratio
16.7:1
District
CITRUS
High
CITRUS HIGH SCHOOL
1.5 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,520
Student:teacher ratio
19.2:1
District
CITRUS

Walkability

Blended score for INVERNESS's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

76
Walkable
out of 100
EPA National Walkability Index
15.7 / 20 -- Most walkable
Google Places amenity density
73 / 100
Restaurants & cafes11
Grocery stores3
Parks4
Schools3
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in INVERNESS, from live MLS data.

On the market 61 days -- 69 fewer days than INVERNESS's current average of 130 days.
For reference, the median list price across 537 active listings in INVERNESS right now is $129,950.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,186/mo
$34,400 down
$137,600 loan
Principal & interest$892
Property tax (est.)$143
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 6, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.