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1150 E RAY STREET

For Sale
$100,000

BTC: 1.25786164

ETH: 42.45004691

3 days
3 bds
2 ba
1,400 sqft

Overview

Under Construction. EXCEPTIONAL INVESTMENT OPPORTUNITY! List price is a guide and may not reflect the seller’s acceptable price. Submit your highest and best offer; price and terms will be considered. Bring your HIGHEST AND BEST OFFER! Discover the potential of this 3-bedroom, 2-bathroom manufactured home with over 1,390 sq. ft. of interior space, situated on an approximately half-acre CORNER LOT in Hernando, Florida. Currently UNDER CONSTRUCTION, this property offers a blank canvas for investors, contractors, or buyers looking to complete renovations and customize their future home. Significant site improvements are already underway, including an installed private well and electrical infrastructure. Located along a paved road, just minutes from Citrus Hills, shopping, dining, and Downtown Inverness. The spacious lot offers potential for additional improvements, including a detached workshop, metal building, storage space, or accessory dwelling unit (ADU), subject to county zoning, permitting, and approval. Ideal for buyers seeking a value-add investment opportunity with room to create something truly special. PROPERTY SOLD AS-IS, IN ITS CURRENT UNFINISHED CONDITION. No Certificate of Occupancy has been issued. Additional construction, utility connections, inspections, and county approvals are required before occupancy. Buyers must independently verify zoning, permitted uses, square footage, and all construction requirements. The listing price is an invitation for buyers to submit their HIGHEST AND BEST OFFERS. Seller welcomes all offers, which will receive prompt consideration. DON’T MISS THIS OPPORTUNITY TO UNLOCK THE PROPERTY’S FULL POTENTIAL! Listing agent has an ownership interest in the property through an affiliated entity.

Location

Florida • HERNANDO • 34442 • For Sale

Details

Type:
Residential
Parking:
No Data
Year Built:
1991
Lot:
0.49 Acres
Heating:
None
Price/sqft:
$71
Cooling:
None
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$197,500
$140K – $257K
Confidence Low
List vs. estimate
$97K below estimate
List $100,000 · -49.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$71
-69.7% vs. city median $235
Based on
10 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$191
2025
All facts and features
  • Flooring

    • Carpet

    Heating

    • None

    Cooling

    • None

    Appliances

    • None

    Other interior features

    • Cathedral Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Balcony / Fire Pit

    Lot

    • Lot: 0.49 Acres

    Other Property Information

    • Parcel Number: 19E18S270020010500080

    • Zoning: MDRMH

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Manufactured Home

  • Utility

    • Electricity Available

    • Water Available

  • Other financial information

    • Annual tax amount: $191

  • Source details

    • MLS ID: S5159899

    Other facts

    • Construction Materials: Vinyl Siding / Wood Frame (FSC Certified)

    • Foundation Details: Crawlspace / Pillar/Post/Pier

    • Fireplace Features: Electric

    • Laundry Features: Inside

    • Direction Faces: East

    • Fireplace: Yes

    • Living Area: 1400

    • Water Source: None

    • Subdivision Name: HERCALA ACRES UNIT 02

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MY REALTY GROUP, LLC.