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116 Dr Martin Luther King Jr Avenue

Inverness, FL 34450

– beds
– baths
– sqft
16,250 sqft lot
– on site

This prime commercial vacant parcel is located in Downtown Inverness adjacent to the Citrus County Sheriff's Office and across the street from the Citrus County Courthouse and is zoned CBD, which allows multi-story development up to a maximum height of 70 feet and six stories. Highest and best uses are multi-family residential, retail, and professional office space. This property is extremely site-prep friendly due to it being mostly cleared and flat and already has an existing curbcut. In addition to being in an X flood zone, the CBD zone allows for an impressive 80% impervious surface ratio. Prospective developers should note that multi-story development would include complimentary views of Henderson Lake, Liberty Park, and the historic Citrus County Courthouse ideal for rooftop venue and/or penthouse concepts. Call today to schedule a tour of the property!

Listing courtesy of STELLAR_MLS / KELLER WILLIAMS REALTY-ELITE P

Last checked: Checking… • Last updated Feb 25, 2025 •

MLS# OM695872 —

The Building

Building Area Units:

Square Feet

Room Dimensions

Living Area Units:

Square Feet

Location

Directions:

From Northbound US HWy 41, turn onto Dr. Martin Luther King Jr. Ave. Property is on the right adjacent to the Citrus County Sheriff's Office parking lot.
Latitude:

28.837236
Longitude:

-82.328779
Coordinates:

-82.328779, 28.837236

The Property

Parcel Number:

20E19S170050010700030
Property Type:

Land
Lot Features:

Buildable
Lot Size Acres:

0.37
Lot Size Area:

16250
Lot Size SqFt:

16250
Lot Size Dimensions:

100 x 162
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

CBD
Current Use:

Commercial
View:

City
View:

true
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Paved
Road Frontage Type:

Street Lights
Flood Zone Code:

x
Additional Parcels:

false
Price Per Acre:

810541

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

3
Tax Block:

107
Tax Legal Description:

TOWN OF INVERNESS PB 1 PG 36 LOT 3 BLK 107
Tax Book Number:

1-36
Tax Annual Amount:

2161.03

The Listing

Special Listing Conditions:

None

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

The Community

Subdivision Name:

INVERNESS TOWN
Waterview:

false
Water Access:

false
Waterfront:

false
Association:

false
Ownership:

Fee Simple

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/24/25 Feb 24, 2025	Listed / Active	STELLAR_MLS	$299,900
1/11/23 Jan 11, 2023	Listed / Active	STELLAR_MLS

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This plot of land located in Inverness, FL 34450 is currently for sale for $299,900. 116 Dr Martin Luther King Jr Avenue is a – square foot plot of land with – beds and – baths that has been on Estately for 0 days. This plot of land is in the attendance area of Inverness Primary School, Citrus High School, and Inverness Middle School.

Listing Courtesy of: STELLAR_MLS and KELLER WILLIAMS REALTY-ELITE P.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.