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Under ConstructionNew Construction$20,000 price cut

4452 E Rejoice StreetNew Construction Home in Inverness, FL

Inverness, FL 34453 · Citrus County

$139,900

$159,900

$88/sq ft

3 Beds2 Baths1,593 sq ft2-Car GarageBuilt 2023

Photos of 4452 E Rejoice Street

4452 E Rejoice Street, Inverness, photo 1 of 301 / 30

Who is building this home?

This home is listed as built by Unk, floor plan Unk. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.

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About this home

Under Construction. See Realtor Remarks: Investor opportunity in the growing community of Inverness Village. This unfinished new construction home offers a rare chance to complete and customize a residential build to your specifications. Originally started by a builder, but unable to complete the construction, the property is being sold as-is and is currently in an incomplete stage of construction. Situated on a residential homesite with convenient access to shopping, dining, medical facilities, and the downtown Inverness area, the home presents strong potential for investors, contractors, or buyers seeking a custom finish project. Existing structure and layout provide a foundation for future completion, with opportunity to select finishes, fixtures, and design elements to suit your vision. Private unpaved roads- not maintained by the county. Inverness Village offers a convenient Central Florida location near parks, lakes, golf courses, and the Withlacoochee State Trail. Whether for resale, rental investment, or personal use, this property provides an affordable entry into a growing market with upside potential. Buyer to verify all measurements, permits, construction status, utilities, and feasibility with local authorities. Cash or construction financing likely required.

Home details and costs

MLS number
OM725498
Property type
Single Family Residence
Build stage
Under Construction
Builder
Unk
Floor plan
Unk
Heated square feet
1,593 sq ft
Total under roof
2,292 sq ft
Stories
1 Story
Lot size
0.31 acres
Subdivision
Inverness Village
HOA fee
No HOA
Annual property tax
$106 (current assessment)
Days on market
148 days

Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds

What would this home actually cost per month?

Pre-filled with this listing's price and HOA. Adjust anything to match your situation.

Estimated monthly payment

$1,250

$13,990 down (10%) on a $125,910 loan

Principal and interest
$796
Property tax (estimated)
$135
Homeowners insurance
$267
PMI (under 20% down)
$52

CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.

The tax figure in the MLS looks like a bare-lot assessment. It lists $106 a year, while taxing this purchase price works out closer to $1,618. On new construction the county reassesses once the house is finished, so budget from the higher number.

Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.

Get the real numbers on this home

What is negotiable on this home?

This listing shows real leverage signals. Here is what its own numbers say.

  • On the market 148 daysWorth knowing

    Past the 90-day mark is where most builders start getting more flexible on concessions, even while holding the published price.

  • Reduced $20,000 (13%)Strong signal

    Originally listed at $159,900. A builder that has already cut once has acknowledged the first number did not work. That is a different conversation than one who has never moved.

  • Still under constructionContext

    The builder has money in the ground but no finished house to carry, so there is less pressure than on standing inventory. The upside is that some finish selections are usually still open.

Where builders actually give

Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.

Ask Barrett what this builder will move on

Assigned schools

Elementary
Hernando Elementary
Middle
Inverness Middle School
High
Citrus High School

School assignments come from the MLS and change. Confirm directly with the district before relying on them.

Listed by Century 21 J.w.morton R.e.. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 4452 E Rejoice Street, Inverness, FL 34453 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.

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