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    2107 Milton St Inverness, FL 34453

    For Sale
    Contact for pricing

    Prime 0.23-acre corner lot, ideal for mixed-use development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 10,112 square foot lot presents a unique investment opportunity in Inverness, Florida. Located within Inverness Acres Unit 2, this commercially and residentially zoned property offers versatility for various development projects. Its convenient corner location provides excellent visibility and accessibility. The property is situated just a short drive from essential amenities, including a Publix supermarket (2.4 miles, approximately 8 minutes) and Citrus High School (3.5 miles, approximately 8 minutes). Detailed driving directions are available: From US41-S, proceed right onto N. Independence Highway for 1.5 miles, then turn left onto Eisenhower Street for 0.4 miles. Continue onto Farmdale Avenue, then Byron Street, turn right onto Hillcrest Street, and finally left onto Milton Street. The lot will be on your right. The seller owns multiple adjacent lots, making this an attractive option for bulk purchases and larger-scale developments. This is a rare opportunity to acquire a well-located parcel in a growing area of Citrus County, Florida. The property is zoned for both commercial and residential use, offering flexibility for a variety of development plans. The asking price is $25,000.

    Property Features for 2107 Milton St

    General Information

    Property type
    Land

    HighLights

    • 10,112 SF lot in Inverness, FL, commercially and residentially zoned.
    • Excellent visibility and accessibility due to corner location.
    • Close proximity to Publix and Citrus High School.
    • Multiple adjacent lots available for bulk purchase.
    • Asking price: $25,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Inverness
    County
    Citrus
    State
    Florida
    Longitude
    -82.357383
    Latitude
    28.855609

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    FAQs

    What type of property is this?
    Land - Prime 0.23-acre corner lot, ideal for mixed-use development.
    Where is this land located?
    The property is located at 2107 Milton St Inverness, FL.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: 10,112 SF lot in Inverness, FL, commercially and residentially zoned.; Excellent visibility and accessibility due to corner location.; Close proximity to Publix and Citrus High School.
    Request Owner's contact information
    2107 Milton St Inverness, FL 34453
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2107 Milton St Inverness, FL 34453
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