Downtown Inverness Commercial Land
116 Dr. Martin Luther King Jr Ave Inverness, FL 34450
116 Dr. Martin Luther King Jr Ave, Inverness, FL, 34450
$269,000
For Sale
$269,000
LAND - INVERNESS, FL
Lot Size0.37 Acres
Days on Market299
Property Features for 116 Dr. Martin Luther King Jr Ave
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 01070-0030
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Description
- TOWN OF INVERNESS PB 1 PG 36 LOT 3 BLK 107
Listing Agency
Coldwell Banker Premier Properties (A1A Beach)
(904) 471-5000
661 A1A Beach Blvd, St. Augustine Beach, FL
Listed by
Richard O'Brien
(904) 814-2080
Added: Sep 23, 2025 Checked: Jul 18 at 12:06 pm
MLS# 255403
Copyright © 2026 St. Augustine & St. John's County Board of Realtors. 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.
This vacant commercial parcel is positioned in the heart of Downtown Inverness, Florida, offering unmatched visibility. It is located directly adjacent to the Citrus County Sheriff's Office and across from the Citrus County Courthouse. The site is zoned Central Business District (CBD), supporting multi-story development of up to 70 feet or six stories. The 0.37-acre site is ideal for a wide range of projects, including 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. It offers prime views overlooking Henderson Lake, Liberty Park, and the historic courthouse, making it ideal for rooftop venues or penthouse concepts. This rare downtown opportunity combines flexible zoning, walkable amenities, and outstanding development potential.
Key Highlights
- Prime Downtown Inverness location, directly adjacent to the Sheriff's Office and across from the Courthouse.
- CBD zoning allows for multi‑story development up to 70 feet.
- Suitable for multi‑family residential, retail, or professional office use.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Vacant commercial land in downtown Inverness, Florida.
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 Inverness location, directly adjacent to the Sheriff's Office and across from the Courthouse.; CBD zoning allows for multi‑story development up to 70 feet.; Suitable for multi‑family residential, retail, or professional office use.
