Commercial Lot across from the Courthouse

116 Dr Martin Luther King Jr Ave Inverness, FL 34450

116 Dr Martin Luther King Jr Ave, Inverness, FL, 34450
116 Dr Martin Luther King Jr Ave, Inverness, FL, 34450 116 Dr Martin Luther King Jr Ave, Inverness, FL, 34450 116 Dr Martin Luther King Jr Ave, Inverness, FL, 34450 116 Dr Martin Luther King Jr Ave, Inverness, FL, 34450
FOR SALE
Property Type:
Commercial Land Development
Amount:
$289,900
Last Verified:
Sep 23, 2025

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Highlights

  • Perfect for multi-family residential, retail, or professional office use
  • Site-ready with flat, mostly cleared land and an existing curb cut
  • Located in desirable X flood zone with 80% impervious surface ratio allowance
  • Prime views overlooking Henderson Lake, Liberty Park, and the historic courthouse
  • Ideal for rooftop venues or penthouse concepts

Description

Positioned in the heart of Downtown Inverness, this vacant commercial parcel offers unmatched visibility directly adjacent to the Citrus County Sheriff’s Office and across from the Citrus County Courthouse. Zoned Central Business District (CBD), the site supports multi-story development of up to 70 feet / six stories, making it an ideal canvas for a wide range of projects.

- Perfect for multi-family residential, retail, or professional office
- Site-ready with flat, mostly cleared land , existing curb cut
- Located in desirable X flood zone
- 80% impervious surface ratio allowance
- Prime views overlooking Henderson Lake and Liberty Park
- Ideal for rooftop venues or penthouse concepts

This rare downtown opportunity combines flexible zoning, walkable amenities, and outstanding development potential.

Contact Rich O'Brien at 904-814-2080 for more information.

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.

Lot Size: 0.37 acres


Documents

CBC - Offering Memorandum (P)

Map of 116 Dr Martin Luther King Jr Ave, Inverness, FL, 34450

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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