INVERNESS, FL 34450 116 DR MARTIN LUTHER KING JR AVENUE
$299,900
7 more
Presented By: KELLER WILLIAMS REALTY-ELITE P with 352-419-0200. - 352-419-0200
Home Details
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!
Presented By: KELLER WILLIAMS REALTY-ELITE P with 352-419-0200. - 352-419-0200
Interior Features for 116 DR MARTIN LUTHER KING JR AVENUE
Bathrooms
Total Baths
General for 116 DR MARTIN LUTHER KING JR AVENUE
Additional Parcels Y/NNo
Building Area Unitssquare feet
Cityinverness
Countycitrus
Current Usecommercial
Directionsfrom 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.
DockY/NNo
Flood Zone Codex
Flood Zone Code XY
HOANo
Legal Descriptiontown of inverness pb 1 pg 36 lot 3 blk 107
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet16250
Lot Size Unitssquare feet
MLS Area34450 - inverness
ModificationTimestamp2025-02-25t12:16:33.280z
Ownershipfee simple
Property Typeland
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Nameinverness town
Tax Annual Amount2161.03
Tax Lot3
Tax Year2024
Utilitiesbb/hs internet available, cable available, electricity available, phone available, public, sewer available, street lights, water available
Viewcity
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Zoningcbd
Exterior for 116 DR MARTIN LUTHER KING JR AVENUE
Lot Dimensions100 x 162
Lot Featuresbuildable, central business district, city lot, level, sidewalk, street lights
Lot Size Acres0.37
Lot Size Area16250
Road Frontage Typestreet lights, street paved, city street
Road Responsibilitypublic maintained road
Road Surface Typepaved
Water Sourcepublic
Additional Details
Price History
Irina Semeniuc
Realtor®
