This prime commercial vacant parcel is located in Downtown Inverness adjacent to the Citrus County Sheriff’s Office and across the street from the Citrus County Courthouse and is zoned CBD, which allows multi-story development up to a maximum height of 70 feet and six stories. Highest and best uses are multi-family residential, retail, and professional office space. This property is extremely site-prep friendly due to it being mostly cleared and flat and already has an existing curbcut. In addition to being in an X flood zone, the CBD zone allows for an impressive 80% impervious surface ratio. Prospective developers should note that multi-story development would include complimentary views of Henderson Lake, Liberty Park, and the historic Citrus County Courthouse ideal for rooftop venue and/or penthouse concepts. Call today to schedule a tour of the property!
Property Details
Price:
$299,900
MLS #:
OM695872
Status:
Active
Beds:
0
Baths:
0
Address:
116 DR MARTIN LUTHER KING JR AVENUE
Type:
Land
Subdivision:
INVERNESS TOWN
Neighborhood:
34450 – Inverness
City:
INVERNESS
Listed Date:
Feb 24, 2025
State:
FL
ZIP:
34450
Lot Size:
16,250 sqft / 0.37 acres (approx)
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
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Schools
Interior
Exterior
Financial
Tax Year
2024
Taxes
$2,161
Map
Community
- Address116 DR MARTIN LUTHER KING JR AVENUE INVERNESS FL
- SubdivisionINVERNESS TOWN
- CityINVERNESS
- CountyCitrus
- Zip Code34450
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Courtesy of KELLER WILLIAMS REALTY-ELITE P. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved. 116 DR MARTIN LUTHER KING JR AVENUE
INVERNESS, FL
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