116 Dr Martin Luther King Jr Ave, Inverness, FL 34450

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116 Dr Martin Luther King Jr Ave,Inverness, FL 34450
$289,900
  • 0.37 Acres
  • Lots / Land
  • Active
Listed by: richard o'brien
Office: coldwell banker premier properties (a1a beach)
MLS#:255402
Source:FL_SASJCBR

Price summary

  • Price:$289,900

About this home

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.

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Home facts

  • Listing ID #:255402
  • Added:1 day(s) ago
  • Updated:March 05, 2026 at 03:49 PM

Structure and exterior

  • Lot area:0.37 Acres

Finances and disclosures

  • Price:$289,900

Features and amenities

  • Amenities:Internet