$194,900
Charming Single-Story Bungalow in Downtown Lake City – A Great Investment Opportunity Nestled on a peaceful, dead-end paved road in the heart of Downtown Lake City, this beautifully renovated single-story bungalow offers 1,449 sq. ft. of heated living space (1,584 sq. ft. total). Originally built in the 1950s, this home has been thoughtfully updated with new flooring, windows, and modern finishes throughout, while still retaining its charming character. The spacious open floor plan maximizes living space and offers plenty of storage options, making it both practical and comfortable. Whether you're seeking a home for yourself or an investment opportunity, this property is a standout. Currently a successful Airbnb and Vrbo property, it generates consistent rental income, making it an excellent option for investors looking to expand their portfolios. Additionally, the home features an unfinished apartment at the rear—perfect for renovation to further increase short-term rental potential. This property offers the best of both worlds: close proximity to downtown amenities, while providing a quiet retreat from the hustle and bustle. Whether you're looking for a turn-key investment or a cozy full-time residence, this bungalow is ready to meet your needs. Don’t miss out on this rare opportunity! Contact Agent today to schedule your showing.
From downtown Lake City, take East Hwy 90, turn left on Anderson Terr. Property will be at the end of the street on the left.
Blinds, Ceiling Fans, Storage Area, High Speed internet, Cable TV Available, Laminate Counters
Sale IncludesRefrigerator, Stove Elec, Glass Cooktop
MLS # | 128703 |
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Date Listed | 2025-10-01 |
Status | Active |
Property Type | Residential |
Property SubType | Residential |
Square Feet | 1449 sqft |
Construction Stage | Existing Resale |
Style | Single Story |
Type | Frame W Vinyl Siding |
Bedrooms | 3 |
Bathrooms | 1 |
Year Built | 1950 |
Days on Market | 3 |
Zoning | RSF-3 |
Florida Room | No |
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Design | Single Story |
Floors | Vinyl Linoleum,Carpet,Tile |
Cooling | Central Electric |
Heating | Central Electric |
Windows | Vinyl |
Type Utility | Area |
Construction | Frame W Vinyl Siding |
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Lot Size | 0.206 ac sq ft |
Acreage | 0.21 Acres |
Parking | 3+ Car, Driveway |
Porch Type | Screened,Front |
Roof | Metal |
Road | Paved |
Sewer | Public Connected |
Water | Public Connected |
Area | 4-N. Us 90 - E. Us 441 Columbia |
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County | Columbia |
Subdivision | Thomas Park |
City | Lake City |
State | FL |
Zip | 32055 |
Flood Zone | X |
Financing Terms | Cash, Conventional |
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Homeowners Association | No |
Association Special Assessment | No |
MLS# 128703
IDX information provided by the North Florida MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Alicia Redish
J. W. Hill & Associates
Listing updated October 3, 2025 at 12:48 am
Last checked 8 minutes ago