116 DR MARTIN LUTHER KING JR AVENUE
Inverness, FL 34450
0.37 acres | #OM695872
Description
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!
Property Details
- Utility FeaturesBB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Street Lights, Water
- Lot DescriptionBuildable, Central Business District, City Limits, Level, Sidewalk, Street Lights, Paved
- SubdivisionINVERNESS TOWN
- Sewer InformationPublic Sewer
- Property TypePurchase
- Original List Price$299,900
- MLS #OM695872
- MLS #OM695872
- Utility SourcePublic
- CountyCitrus
- Taxes Annual$2,161
- Cost299900
- ViewCity
- Acres0.37
- Property SubtypeLand
- Days on Market (Cumulative)11
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Beatriz Botero
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Louis Newman (#MFR275502774)
Listing Office: KELLER WILLIAMS REALTY-ELITE P (#MFR275511043)

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