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    1909 Milton St Inverness, FL 34453

    For Sale
    Contact for pricing

    10,125 sq ft lot, ideal location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.23-acre lot, located at 1909 Milton Street in Inverness, Florida (zip code 34453), presents a unique opportunity for commercial or residential development. Situated within Inverness Acres Unit 2, this 10,125 square foot parcel offers convenient access to local amenities. It's a short 2.5-mile drive (approximately 10 minutes) to the Publix Supermarket and just 3 miles (about 11 minutes) to Citrus High School. The property is easily accessible, with clear directions provided: From US41-S, turn right onto N. Independence Highway for 1.5 miles, then 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 asking price for this versatile property is $25,000. Multiple lots are available for potential bulk sale purchases, presenting an attractive investment opportunity for those seeking larger-scale development. This property is zoned for both commercial and residential use, offering flexibility for a variety of development plans. The location in Citrus County, Florida, provides a desirable setting for both business and residential ventures.

    Property Features for 1909 Milton St

    General Information

    Property type
    Land

    HighLights

    • $25,000 asking price.
    • 10,125 square foot lot.
    • Located at 1909 Milton Street, Inverness, FL 34453.
    • 0.23‑acre residential lot in Inverness Acres Unit 2.
    • Conveniently located near Publix and Citrus High School.
    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 Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Inverness
    County
    Citrus
    State
    Florida
    Longitude
    -82.354572
    Latitude
    28.855624

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    FAQs

    What type of property is this?
    Land - 10,125 sq ft lot, ideal location.
    Where is this land located?
    The property is located at 1909 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: $25,000 asking price.; 10,125 square foot lot.; Located at 1909 Milton Street, Inverness, FL 34453.
    Request Owner's contact information
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    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
    1909 Milton St Inverness, FL 34453
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