116 Dr Martin Luther King Jr Ave Inverness, FL 34450

Listing agent Richard O'Brien Show Phone

Listing office Coldwell Banker Premier Properties (A1A Beach) s***@thepremierproperties.com 661 A1A Beach Blvd, St. Augustine Beach, FL Show Phone

Listing date Sep 23, 2025

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MLS# 255402 Listing URL

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Investment Insights

Based on property information with market context.

This vacant commercial parcel is positioned in the heart of Downtown Inverness. The site is directly adjacent to the Citrus County Sheriff's Office and across from the Citrus County Courthouse, offering unmatched visibility. Zoned Central Business District (CBD), the site supports multi-story development of up to 70 feet or six stories. The 0.37-acre site is ideal for multi-family residential, retail, or professional office use. The land is site-ready with a flat, mostly cleared surface and an existing curb cut. Located in a desirable X flood zone, the property has an 80% impervious surface ratio allowance. The property provides prime views overlooking Henderson Lake, Liberty Park, and the historic courthouse, making it ideal for rooftop venues or penthouse concepts. This downtown opportunity combines flexible zoning, walkable amenities, and outstanding development potential.

Key Highlights

• Prime downtown location adjacent to the Sheriff's Office and across from the Courthouse.
• Zoned CBD allowing multi‑story development up to 70 feet / six stories.
• Suitable for multi‑family residential, retail, or professional office use.

Property Analytics

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FAQs

What type of property is this?

Commercial land - Vacant commercial land in Downtown Inverness, development potential.

Where is this commercial land located?

The property is located at 116 Dr Martin Luther King Jr Ave Inverness, FL.

What is the asking price?

The asking price for this property is $269,000.

What are key features of this property?

This property features: Prime downtown location adjacent to the Sheriff's Office and across from the Courthouse.; Zoned CBD allowing multi‑story development up to 70 feet / six stories.; Suitable for multi‑family residential, retail, or professional office use.