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1355 N REED TERRACE

For Sale
$129,900

BTC: 2.01708075

ETH: 68.27355674

37 days
2 bds
2 ba
1,260 sqft

Overview

Virtually Staged. Deal alert! Investors, flippers, and handy homeowners won't want to miss this opportunity. This single-wide mobile home is situated on a quiet street in beautiful Inverness, Florida, and offers plenty of potential. The property features an attached porch and cabana, two carports, a detached one-car garage, a large utility shed, an additional detached carport, and a huge driveway with abundant parking for vehicles, boats, RVs, or equipment. With so many outbuildings and storage options, the possibilities are endless. Conveniently located near shopping, restaurants, medical facilities, and all that Citrus County has to offer. Cash or Rehab financing is strongly suggested due to the property's current condition. Come take a look and see the potential before this opportunity is gone!

Location

Details

Type:
Residential
Parking:
Driveway / Oversized
Year Built:
1986
Lot:
0.24 Acres
Heating:
Central / Electric
Price/sqft:
$103
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$218,250
$145K – $254K
Confidence Low
List vs. estimate
$88K below estimate
List $129,900 · -40.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$103
-42.0% vs. city median $177
Based on
20 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,824
2025
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Linoleum

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Range

    • Refrigerator

    Other interior features

    • Cathedral Ceiling(s)

    • Eating Space In Kitchen

    • Split Bedroom

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Driveway

    • Oversized

    Property

    • Levels: One

    • Exterior Features: Private Yard

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 19E18S360040000F00040

    • Zoning: MDRMH

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Manufactured Home

  • Utility

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $1,824

  • Source details

    • MLS ID: W7887049

    Other facts

    • Construction Materials: Vinyl Siding

    • Foundation Details: Pillar/Post/Pier

    • Laundry Features: Other

    • Lot Features: Level

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

    • Direction Faces: Southwest

    • Other Structures: Cabana / Shed(s) / Workshop

    • Architectural Style: Other

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1260

    • Water Source: Well

    • Lot Size Dimensions: 100 x 130

    • Subdivision Name: HIGHLAND TRAILER PARK

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: BAM REALTY ADVISORS INC