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1106 S OTTO POINT

House For Sale
$353,000

BTC: 5.49933237

ETH: 200.23370052

14 days
2 bds
2 ba
1,301 sqft

Overview

BACK ON THE MARKET DUE TO A BUYER ISSUE! Welcome to your own slice of waterfront paradise on highly sought-after Gospel Island. Nestled beneath majestic grandfather oaks on a beautifully landscaped 0.42-acre lot, this charming 2-bedroom, 2-bath home offers 90 feet of freshwater canal frontage with direct access to Lake Henderson and the Tsala Apopka Chain of Lakes, one of Citrus County's premier destinations for boating, fishing, kayaking, and waterfront recreation. Inside, you'll find 1,301 square feet of comfortable living space featuring a spacious split-bedroom floor plan, luxury vinyl plank flooring, a cozy wood-burning fireplace, French doors, and abundant natural light. Recent improvements provide peace of mind, including a metal roof (2013), AC (2019), garage door (2022), water heater (2025), and new carpet (2025). Step outside and enjoy the Florida lifestyle you've been dreaming of. Relax on the covered porch overlooking the water, watch breathtaking sunsets paint the sky, or launch your next adventure from your own backyard. The property also features mature landscaping, storage shed, additional shed or "she-shed" and ample outdoor space for entertaining, gardening, or simply enjoying the peaceful surroundings. Located just minutes from historic downtown Inverness, you'll enjoy convenient access to local restaurants, shopping, medical facilities, parks, golf courses, festivals, and the Withlacoochee State Trail while still enjoying the privacy and tranquility of waterfront living. Whether you're searching for a full-time residence, seasonal getaway, retirement retreat, or investment opportunity, this home offers a rare combination of waterfront access, privacy, character, and location. Best of all, there is no HOA. Don't miss this opportunity to own a piece of the Florida lifestyle in one of Inverness's most desirable waterfront communities.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1978
Lot:
0.42 Acres
Heating:
Central / Electric
Price/sqft:
$271
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$215,000
$137K – $276K
Confidence Low
List vs. estimate
$138K above estimate
List $353,000 · +64.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$271
+46.9% vs. city median $184
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$27
2025
View
Trees/Woods, Water
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    • Luxury Vinyl

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    • Water Filtration System

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Primary Bedroom Main Floor

    • Split Bedroom

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: French Doors / Other

    Lot

    • Lot: 0.42 Acres

    Other Property Information

    • Parcel Number: 20E19S090100000000250

    • Zoning: CLR

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $27

  • Source details

    • MLS ID: TB8516862

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Fireplace Features: Wood Burning

    • Laundry Features: In Garage

    • Lot Features: Cleared / Landscaped / Level

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

    • Window Features: Blinds

    • Direction Faces: Northwest

    • Other Structures: Other / Shed(s)

    • Architectural Style: Ranch

    • Fireplace: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1301

    • Water Source: Well

    • Lot Size Dimensions: 90 x 182

    • Subdivision Name: ALLENS PT

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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: ALIGN RIGHT REALTY CARROLLWOOD