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Short Sale. Welcome to 306 S Park Avenue, a rare opportunity in the heart of Inverness, Florida! This expansive 7-bedroom, 5-bathroom single-family home offers over 3,300 square feet of living space on a generous 0.37-acre lot. Originally intended for use as an assisted living facility, the property is already city-zoned for such use and previously operated as a shelter for veterans and women. With a 2015 roof, a 2010 water heater, full-house generator with a 250-gallon propane tank (capable of lasting up to 92 hours), a sprinkler system, and a fire alarm system connected to the local fire department, much of the infrastructure is already in place. The home also features luxury vinyl flooring, a spacious office, and ample bedrooms perfect for a large household or specialty housing use. Whether you're seeking a residential home with incredible space or looking to expand into adult care, transitional housing, or community services, this property delivers potential, versatility, and value. Schedule your showing today! List price is not an approved purchase price with the lender/mortgage holder.
PRE-FORECLOSURE
This listing may be a pre-foreclosure or short sale.
| DAYS ON MARKET | 233 | LAST UPDATED | 12/18/2025 |
|---|---|---|---|
| TRACT | INVERNESS TOWN | YEAR BUILT | 1960 |
| COMMUNITY | 34452 - Inverness | GARAGE SPACES | 2.0 |
| COUNTY | Citrus | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Inverness Primary School |
|---|---|
| Jr. High School | Inverness Middle School |
| High School | Citrus High School |
| PRICE HISTORY | |
| Prior to Jul 7, '25 | $489,000 |
|---|---|
| Jul 7, '25 - Aug 14, '25 | $484,000 |
| Aug 14, '25 - Oct 9, '25 | $435,000 |
| Oct 9, '25 - Dec 18, '25 | $375,000 |
| Dec 18, '25 - Today | $305,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer |
| AREA | 34452 - Inverness |
| CONSTRUCTION | Brick |
| EXTERIOR | Other |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 0.37 acre(s) |
| LOT DIMENSIONS | 100x163 |
| PARKING | Converted Garage, Attached |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | INVERNESS TOWN |
| UTILITIES | Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by Buffy Barrott, RESIDENTIAL MATCHMAKERS LLC, 407-286-1698
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 1/30/26 1:46 PM PST.
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