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!