Single Family Residence at 515 ELLA AVE, INVERNESS
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 2 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 3 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 4 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 5 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 6 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 7 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 8 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 9 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 10 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 11 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 12 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 13 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 14 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 15 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 16 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 17 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 18 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 19 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 20 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 21 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 22 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 23 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 24 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 25 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 26 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 27 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 28 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 29 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 30 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 31 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 32 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 33 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 34 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 35 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 36 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 37 of 38
Single Family Residence at 515 ELLA AVE, INVERNESS, photo 38 of 38
38 photos

$53,001

515 ELLA AVE
INVERNESS, FL 34450
Listed by REAL BROKER, LLC
Bedrooms
2
Bathrooms
1
Living area
902 sqft
Year built
1945

About this home

Investor opportunity with RO (Residential/Office) zoning located just minutes from downtown Inverness. This 2-bedroom, 1-bathroom property is in need of substantial repairs and is being sold strictly as-is for cash buyers only. The home requires a new roof as soon as possible and has foundation issues that will need to be addressed. A portion of the living room was enclosed to create a flex space that may function as a third bedroom. Atleast two rooms have visible ceiling water damage, and there may be subfloor damage beneath stored personal property currently occupying those areas. Tarps are presently installed on the roof to help prevent additional water intrusion. The property does not have central air conditioning and is cooled by window units only. The condition of the plumbing and electrical systems is unknown. The interior shower is currently non-operational, and an outdoor shower is being used instead. Seller does not occupy the property and makes no representations regarding the condition of the home. Information provided is based on public records; buyers and buyer's agents are responsible for conducting all due diligence. The property is tenant occupied. Do not disturb tenants and do not visit the property without an appointment. Showings will be limited and are expected to occur primarily on weekends, as the tenant must be present during showings. The shed does not convey with the sale. Tenant indicates vehicles on the property will be removed prior to closing; however, any personal property remaining after closing will become the responsibility of the buyer. Conveniently located near shopping, restaurants, parks, public boat ramps, fishing, boating, and other outdoor recreation. RO zoning is intended to accommodate residential use alongside certain low-impact professional and administrative office uses; buyers should verify all permitted uses with the local zoning department. Cash offers only. Must use seller’s title company, Legal Counsel PA in Winter Garden, for closing with no exceptions. Preferred earnest money deposit is $7,500. Inspection period not to exceed 3 days. Closing to occur in 35 days of accepted contract. Assignment of contract is not permitted.

Property details

MLS
Stellar MLS
MLS #
MFROM727203
Property type
Single Family Residence
Subdivision
NOT IN A SUBDIVISION
Status
Active
Days on market
51
On market date
June 23, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.3 acres
Loading map…

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
0.82 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
0.13 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 ESCHOOL 6-12
0.65 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
301
Student:teacher ratio
30.1:1
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).

65
Walkable
out of 100
EPA National Walkability Index
10.8 / 20 -- Above average walkable
Google Places amenity density
80 / 100
Restaurants & cafes20
Grocery stores2
Parks7
Schools6
Transit stops0
Pharmacies5

Market position

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

On the market 51 days -- 79 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.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$469/mo
$10,600 down
$42,401 loan
Principal & interest$275
Property tax (est.)$44
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 14, 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.