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Double Lot Residential Development Land
For Sale
$50,000

3118 E DEAL St, Inverness, FL 34453

Oversized double lot in MDR zoning with no HOA, offering flexibility for residential building or lot-splitting options.

Property SizeContact for details
Lot Size0.54 Acres
Days on Market65

Property Features for 3118 E DEAL St

General Information

Standard status Active
Lot size 0.54 Acres
Property subtype Land
Zoning MDR

Taxes and HOA fees

Annual Taxes $188
Listing Agency: Realty Pros Assured
Listed By: Terri Wilkinson · License #3431419
Source: Elliman
Added: Jun 23 Changed: Aug 8 Last Checked: Jul 16 at 4:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Pros Assured

Investment Insights

Based on property information with market context.

This offering is a true double lot totaling 0.54 acres, positioned for flexible residential planning. The property is zoned Medium Density Residential (MDR) and is presented as a single parcel with room to accommodate a variety of site approaches. The seller notes possibilities including splitting the parcel into two separate lots, building on one lot while keeping the second for future use, or developing a larger homesite with space for outdoor amenities.

The site is located in the Inverness Highlands area of Citrus County and is being marketed with no HOA. The provided information does not specify utilities, frontage, or exact site dimensions beyond the total acreage.

For builders, investors, and homeowners, the MDR zoning and double-lot configuration may support multiple development paths, from two homesites to a single larger residence. The no-HOA structure is also a factor for buyers looking for fewer restrictions when planning design and site layout. Prospective buyers should verify feasibility, including any lot-split requirements and development standards, as part of their due diligence.

Key Highlights

  • Oversized double lot totaling 0.54 acres in Inverness Highlands (Citrus County)
  • Medium Density Residential (MDR) zoning with flexibility for residential building or splitting the parcel into two lots
  • No HOA, offering fewer restrictions and more design flexibility

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store HVAC Service Auto Parts Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

405
Businesses Nearby

Demographics for 34453, FL

10,964
Population
5,628
Households
1.9
Avg Household Size
54
Median Age
19%
College-Educated
94%
High-School Grad
27.1 sq mi
ZIP Area
405
Density / Sq Mi
$58,064
Median Household Income
$33,341
Median Earnings
$1,046
Median Rent
$174,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Oversized double lot in MDR zoning with no HOA, offering flexibility for residential building or lot-splitting options.
Where is this residential land & home lot located?
The property is located at 3118 E DEAL St Inverness, FL.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Oversized double lot totaling 0.54 acres in Inverness Highlands (Citrus County); Medium Density Residential (MDR) zoning with flexibility for residential building or splitting the parcel into two lots; No HOA, offering fewer restrictions and more design flexibility
More about this property
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