FL > Inverness > Inverness Town
Inverness, FL 34450,116 DR MARTIN LUTHER KING JR AVE
Inverness, FL 34450,116 DR MARTIN LUTHER KING JR AVE
Inverness, FL 34450,116 DR MARTIN LUTHER KING JR AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
8
Jul
Wed
9
Jul
Thu
10
Jul
Team Comerford

Team Comerford

+1(941) 586-3229
$299,900
Est. payment /mo
0.37 Acres Lot
Save Virtual Tour

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Inverness Town

MLS Listing ID OM695872

HOA Y/N No

Annual Tax Amount $2,161

Lot Size 0.370 Acres

Acres 0.37

Lot Dimensions 100x162

Property Sub-Type Commercial

Source Stellar MLS

Property Description

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!

Location

State FL

County Citrus

Community Inverness Town

Area 34450 - Inverness

Zoning CBD

Exterior

Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Street Lights, Water Available

View City

Building

Lot Description Buildable, Central Business District, City Limits, Level, Sidewalk, Street Lights, Paved

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM695872

Read Less Info
Stellar MLS
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by KELLER WILLIAMS REALTY-ELITE P
agent
Team Comerford

Team Leader | Broker Associate | License ID: BK3455404

+1(941) 586-3229 | team@thecomerfordgroupfl.com

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Comerford Group at eXp Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.
Quick search East 
More