116 Dr Martin Luther King Jr Ave

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Address: 116 Dr Martin Luther King Jr Ave, Inverness, FL 34450, USA
Florida & Gulf Coast + Land/Development
Created date: September 23, 2025
Date last updated: September 29, 2026
Price: $269,000Investment Analyzer NEW!
  • 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

Property 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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $269,000
Lot Size: 0.37 Acres
Opportunity Zone: No
Property Website Click Here
Address: 116 Dr Martin Luther King Jr Ave, Inverness, FL 34450, USA
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