116 Dr Martin Luther King Jr Ave - Commercial LAND FOR SALE


Inverness, FL 34450 16,117 SF
$289,900 USD
904-814-2080
116 Dr Martin Luther King Jr Ave, Inverness, FL for Sale
$289,900 USD
Commercial LAND - FOR SALE
1/4
16,117 SF

116 Dr Martin Luther King Jr Ave
Inverness, FL 34450


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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$289,900 USD

PRICE/ACRE

$783,523/AC

PRICE/SF

$18 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

116 Dr Martin Luther King Jr Ave Inverness F

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Multi-Family, Hospitality, Apartment Units, Apartment Units - Condo, Apartment Units - Dorms, Apartment Units - Senior, Apartment Units - Subsdzd, Office Park

LAND ACRES

0.37 AC

LAND SF

16,117 SF

OFFSITE IMPROVEMENTS

-

ZONING

CBD

APN/PARCEL ID

20E19S170050 01070 0030

ASK ABOUT THIS PROPERTY

Rich O'BrienColdwell Banker Commercial Premier PropertiesMore Info
904-814-2080

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Rich O'BrienColdwell Banker Commercial Premier PropertiesMore Info
904-814-2080

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.