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116 Dr Martin Luther King Jr Ave - 116 Dr Martin Luther King Jr Ave Inverness F 0.37 Acres of Commercial Land Offered at $404,468 CAD in Inverness, FL 34450
INVESTMENT HIGHLIGHTS
- Perfect for multi-family residential, retail, or professional office use
- Located in desirable X flood zone with 80% impervious surface ratio allowance
- Site-ready with flat, mostly cleared land and an existing curb cut
- Prime views overlooking Henderson Lake, Liberty Park, and the historic courthouse—ideal for rooftop venues or penthouse concepts
EXECUTIVE SUMMARY
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.
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
This rare downtown opportunity combines flexible zoning, walkable amenities, and outstanding development potential.
Contact Rich O'Brien at 904-814-2080 for more information.
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
This rare downtown opportunity combines flexible zoning, walkable amenities, and outstanding development potential.
Contact Rich O'Brien at 904-814-2080 for more information.
PROPERTY FACTS
| Price | $404,468 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.37 AC |
| Property Type | Land | ||
| Zoning | CBD - Central Business District | ||
| Price | $404,468 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.37 AC |
| Zoning | CBD - Central Business District |
1 LOT AVAILABLE
Lot 3
| Price | $404,468 CAD | Lot Size | 0.37 AC |
| Price Per AC | $1,093,158.07 CAD |
| Price | $404,468 CAD |
| Price Per AC | $1,093,158.07 CAD |
| Lot Size | 0.37 AC |
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.
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Bike Score®
Very Bikeable (75)
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116 Dr Martin Luther King Jr Ave - 116 Dr Martin Luther King Jr Ave Inverness F
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