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342 NE Anderson Terr, 
Lake City, FL 32055

$194,900


3

Beds


1

Bath


1,449

Sq Ft


Single Family

Active

Listed by

Alicia Redish

J. W. Hill & Associates

386-362-3300

Last updated:

October 4, 2025, 03:42 PM

MLS#

128703

Source:

FL NFMLS

About This Home

342 NE Anderson Terr

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.

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1950

Price Summary

194,900

$134 per Sq. Ft.

MLS #:

128703

Last Updated:

October 4, 2025, 03:42 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,449 Sq. Ft.


Structure

Structure

Building Area:

1,449 Sq. Ft.

Year Built:

1950


Lot

Lot Size (Sq. Ft):

8,973


Finances & Disclosures

Finances

Price:

$194,900

Price per Sq. Ft:

$134 per Sq. Ft.

Source:FL NFMLS
The information being provided by Lake City Board of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Lake City Board of REALTORS All rights reserved.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.