Short Sale. Welcome to 306 S Park Avenue, a rare opportunity in the heart of Inverness, Florida! This expansive 7 bedroom, 5 bathroom single family home offers over 3,300 square feet of living space on a generous 0.37 acre lot. Originally intended for use as an assisted living facility, the property is already city zoned for such use and previously operated as a shelter for veterans and women. With a 2015 roof, a 2010 water heater, full house generator with a 250 gallon propane tank (capable of lasting up to 92 hours), a sprinkler system, and a fire alarm system connected to the local fire department, much of the infrastructure is already in place. The home also features luxury vinyl flooring, a spacious office, and ample bedrooms perfect for a large household or specialty housing use. Whether you're seeking a residential home with incredible space or looking to expand into adult care, transitional housing, or community services, this property delivers potential, versatility, and value. Schedule your showing today! List price is not an approved purchase price with the lender/mortgage holder.