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Office Suites with Elevator
New
For Lease
$925-$975/Mo

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

CommercialLease, Inverness, FL

Space SizeContact for details
Lot Size0.36 Acres
Days on Market6

Property Features for 107 Dr Martin Luther King Jr Avenue

General Information

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

Taxes and HOA fees

Expense value 1000
Expense SecurityDeposit
Expense freq. One Time

Utilities

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

Building Details

Year built 1988
Flooring type Carpet
Listing Agency: Landmark Realty
Listed By: Janet Bega · License #3162684
Added: Aug 17 Changed: Aug 19 Last Checked: Aug 22 at 9:06PM
MLS# 857140

Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Park Place Office Suites includes three listed office suites: Suites #2 and #3 on the lower level and Suite #6 upstairs. Each suite provides a reception area, bathroom, and separate offices, creating a practical layout for professional operations. The building includes an elevator and ample parking.

The property occupies 0.36 acres at 107 Dr Martin Luther King Jr Avenue in Inverness, Florida. Public water and sewer serve the building, while each suite has its own electric meter. Water and trash service are included with the rent. Interior features include carpet flooring, central air conditioning, and electric central heating. Constructed in 1988, the property offers dedicated office configurations within a multi-suite building.

Key Highlights

  • Three listed suites: #2, #3, and #6
  • Reception area, bathroom, and separate offices in every suite
  • Separate electric meters for each suite

Property 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

Market

Lease Benchmarks for Inverness, FL

$19.55 /SF/Yr
Avg Asking Price
$3.97–$28.13 /SF/Yr
Price Range
1,065 SF
Avg Space Size

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Multi-suite office space offers private rooms, reception areas, bathrooms, and on-site parking.
Where is this office units 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: Three listed suites: #2, #3, and #6; Reception area, bathroom, and separate offices in every suite; Separate electric meters for each suite
More about this property
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