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$ 269,000
Est. payment /mo
Price Dropped by $20K
116 Dr Martin Luther King Jr Ave Inverness, FL 34450
0.37 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots
Listing Status Active
Purchase Type For Sale
Subdivision Not Available-Other
MLS Listing ID 255402
HOA Y/N No
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type Lots
Property Description
Positioned in the heart of Downtown Inverness, this vacant commercial parcel offers unmatched visibility directly adjacent to the Citrus County Sheriff's Office and across from the Citrus County Courthouse. Zoned Central Business District (CBD), the site supports multi-story development of up to 70 feet / six stories, making it an ideal canvas for a wide range of projects. Highlights: Perfect for multi-family residential, retail, or professional office use Site-ready with flat, mostly cleared land and an existing curb cut Located in desirable X flood zone with 80% impervious surface ratio allowance Prime views overlooking Henderson Lake, Liberty Park, and the historic courthouse—ideal for rooftop venues or penthouse concepts This rare downtown opportunity combines flexible zoning, walkable amenities, and outstanding development potential.
Location
State FL
County Citrus
Area 30 - All Other Areas
Zoning CBD
Listed by Coldwell Banker Premier Properties (A1A Beach)