20165 SE 115TH AVENUE
About This Property
This charming lakefront property blends the comfort of modern updates with the character of a cozy escape. Step inside and you'll find luxury vinyl plank flooring throughout, a stylish kitchen with expansive water views, and an open, flowing layout that's equally suited for quiet mornings or hosting guests. Recent upgrades-including updated electrical, a new septic system, and a full well water treatment setup-provide peace of mind and convenience for full-time living or effortless property management.
Upstairs, the primary suite feels like a private sanctuary. The spa-like bathroom features a jacuzzi tub and a spacious walk-in shower, offering the perfect space to unwind after a day on the lake. Just beyond, a private deck captures stunning sunset views and the peaceful sounds of nature, making it an ideal place to relax and recharge.
Outdoors, the home continues to shine. The covered front porch is a welcoming space for morning coffee or evening wine, while the brand-new dock-equipped with a lake sweep system-ensures a clean and inviting shoreline. A detached workshop with power and water offers additional flexibility for storage, creative projects, or outdoor entertaining.
What truly sets this property apart is its versatility. As a full-time residence, it offers privacy, comfort, and access to some of Florida's best freshwater fishing, including legendary bass and speck fishing. As a vacation rental, it stands out as a beautifully maintained, high-demand getaway that has already demonstrated consistent income potential.
Centrally located near Crystal River, Ocala, and downtown Dunnellon-and just a short drive to the Gulf of Mexico-this home provides easy access to both freshwater and saltwater adventures, as well as dining, shopping, and nature excursions.
Whether you are looking to settle into your own lakeside retreat, launch or expand a successful short-term rental business, or find the perfect balance of both, 20165 SE 115th Avenue delivers. It's a rare opportunity to live the lake life without compromise-where investment potential meets laid-back luxury in the heart of Florida's Nature Coast.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Jan 29, 2026 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Price Decreased |
$379,500
↓ $18K
(4.5%) | |
| Price Decreased | |||
| Jun 3, 2025 | Listed by HEART OF FLORIDA REALTY LLC | $397,500 | |
| Listed by HEART OF FLORIDA REALTY LLC | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017