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Office Suites with Elevator

107 Dr Martin Luther King Jr Avenue, Inverness, FL 34450

For Lease
$925-$975/Mo

Commercial Lease, Inverness, FL

Space SizeContact for details
Lot Size0.36 Acres
Days on Market83

Property Features for 107 Dr Martin Luther King Jr Avenue

General Information

Property type Commercial Lease
Property subtype Office
Directions Main St/41 S to Dr Martin Luther King Jr across from Citrus County Sheriff Dept and next door to courthouse
Subdivision Town of Inverness
Standard status Active
Lot size 0.36 Acres

Additional Details

Utilities Included in Rent water, trash

Taxes and HOA fees

Expense value 1000
Expense SecurityDeposit
Expense freq. One Time

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

reception area
bathroom

Building Details

Year built 1988
Flooring type Carpet
Listing Agency: LANDMARK REALTY
Listed By: Janet Bega · License #3162684
Added: Aug 17 Changed: Nov 7 Last Checked: Nov 7 at 4:06AM
MLS# CC857140

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This office property contains multiple suites, each arranged with a reception area, separate offices, and a bathroom. Suite 2 and Suite 3 are on the lower level; Suite 6 is upstairs. Individual electric meters serve the suites, and water and trash service are included. The building also has an elevator and on-site parking. Constructed in 1988, the property has carpet flooring, electric heat, and central air conditioning.

Key Highlights

  • Reception area, separate offices, and bathroom in each suite
  • Separate electric meters for all suites
  • Elevator in the building

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

employU Charitable Organization Liberty Court Reporting Law Firm Christopher J. Smith, ... Law Firm SMA Outpatient - Inverness Medical Clinic Citrus County Drug ... County Government Office

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage Building Supply Kitchen & Bath Showroom HVAC Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,067
Businesses Nearby

Demographics for 34450, FL

10,788
Population
6,642
Households
1.6
Avg Household Size
59
Median Age
25%
College-Educated
92%
High-School Grad
31.2 sq mi
ZIP Area
346
Density / Sq Mi
$48,955
Median Household Income
$39,409
Median Earnings
$973
Median Rent
$210,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Inverness, FL

$21.99 /SF/Yr
Avg Asking Price
$12–$24.84 /SF/Yr
Price Range
1,613 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Inverness, FL

$24.57 Jul
$19 Aug
$20.54 Sep
$21.07 Oct

Properties on Market for Office Units in Inverness

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Each suite offers a reception area, private offices, and a bathroom, with separate electric metering.
Where is this office unit located?
The property is located at 107 Dr Martin Luther King Jr Avenue Inverness, FL.
What is the lease rate?
The lease rate is $925/Mo.
What are key features of this property?
This property features: Reception area, separate offices, and bathroom in each suite; Separate electric meters for all suites; Elevator in the building
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