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Double Residential Lot for Development
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3118 E Deal Street, Inverness, FL 34453

Oversized double lot in MDR zoning with no HOA, offering flexibility for builders or homeowners.

Property SizeContact for details
Lot Size0.54 Acres
Days on Market132

Property Features for 3118 E Deal Street

General Information

Standard status Active
Lot size 0.54 Acres
Property subtype Land
Zoning MDR
Listing Agency: Realty Pros Assured
Listed By: Kevin Kaiser
Source: Crexi
Added: Jun 20 Changed: Oct 27 Last Checked: Oct 28 at 8:27AM

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

Rey
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Investment Insights

Based on property information with market context.

This property consists of a true double lot totaling 0.54 acres, providing the space and layout flexibility of two standard residential lots. It is zoned Medium Density Residential (MDR), which supports a range of housing and development approaches. The listing notes no HOA, which can allow greater design flexibility and fewer restrictions for buyers planning their build-out.

Located at 3118 E Deal Street in Inverness (Citrus County), the parcel sits in the Inverness Highlands area. The combination of MDR zoning and an oversized footprint is intended to give owners room to plan beyond a single standard homesite.

For investors, builders, and homeowners, the double-lot configuration can support different strategies, including building on one portion of the property while reserving the other for a later phase. The listing also describes options such as splitting the parcel into two separate lots for resale, constructing a primary residence, or creating a custom estate with room for outdoor features and additional structures. As always, buyers should confirm final feasibility with the appropriate local authorities and review any applicable development requirements.

Key Highlights

  • Double lot totaling 0.54 acres in the Inverness Highlands area of Citrus County
  • Medium Density Residential (MDR) zoning offers flexibility for builders, investors, or homeowners
  • Potential to split into two separate lots for resale (per listing stated possibilities)

Property Analytics

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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
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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 builders or homeowners.
Where is this residential land & home lot located?
The property is located at 3118 E Deal Street 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: Double lot totaling 0.54 acres in the Inverness Highlands area of Citrus County; Medium Density Residential (MDR) zoning offers flexibility for builders, investors, or homeowners; Potential to split into two separate lots for resale (per listing stated possibilities)
(386) 334-4908 Call to check price and availability
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