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242 W CANAL DRIVE

House Recently Sold
$270,000

BTC: 3.31512063

ETH: 111.01973684

Sold on: 2020-09-22
1 days
Waterfront
2 bds
2 ba
1,060 sqft

Overview

The seller's recent job loss can be your gain. Charming waterfront bungalow is move in ready to take you back to the sixties (recently restored terrazzo floors, pine kitchen cabinets) or a perfect property for renovation. If you are looking for something to update this neighborhood is a beautifully eclectic mix of old and new. Two bedrooms, two baths (one is in the garage for convenience coming in from a day on the water. Cozy breezeway has multiple uses. Lots of natural light and full view of the canal from all rooms, with steps away from Lake Tarpon. County water, Pelican water filtration and softener added in 2018, new well pump for irrigation 2017, roof 2014, flip out windows for easy cleaning, hot water heater in 2018. Subdivision recently became a golf cart community. Clubhouse and public dock with optional HOA membership $30 annually. Seller is providing one year home warranty.

Location

Details

Type:
Residential
Parking:
Bath In Garage / Driveway
Year Built:
1957
Lot:
0.14 Acres
Heating:
Central / Electric
Price/sqft:
$255
Cooling:
Central Air
HOA:
$30

Valuation

Our model vs. what's actually selling nearby.
Estimate
$314,500
$235K – $394K
Confidence Low
List vs. estimate
$44K below estimate
List $269,900 · -14.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$254
-10.4% vs. city median $284
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,397
2019
HOA
$30/yr
View
Water
Waterfront
Canal - Freshwater
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Terrazzo

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Microwave

    • Range

    • Refrigerator

    • Water Filtration System

    • Water Softener

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Bath In Garage

    • Driveway

    Property

    • Levels: One

    • Exterior Features: Lighting

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 302716485280002420

    • Zoning: R-3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Water Connected

  • Other financial information

    • HOA: $30

    • HOA Frequency: Annually

    • Annual tax amount: $2,397

  • Source details

    • MLS ID: OM608081

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Patio And Porch Features: Covered / Front Porch / Rear Porch

    • Direction Faces: Northwest

    • Architectural Style: Bungalow

    • Waterfront: Yes

    • Water Body Name: LAKE TARPON

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1060

    • Water Source: Public / Well

    • Subdivision Name: LAKE SHORE ESTATES 2ND ADD

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: OCALA REAL ESTATE OFFICE