116 Dr Martin Luther King Jr Avenue Inverness Florida | Home for Sale
To schedule a showing of 116 Dr Martin Luther King Jr Avenue, Inverness, Florida, Call David Shippey at 863-521-4517 TODAY!
Inverness, FL 34450
- N/ABeds
- 0.00Total Baths
- 0 Full, 0 HalfBaths
- N/ASqFt
- N/AYear Built
- 0.37Acres
- MLS# OM695872
- Vacant Land
- Commercial
- Active
- Approx Time on Market5 months, 6 days
- Area34450 - Inverness
- CountyCitrus
- Subdivision Inverness Town
Overview
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!
Agriculture / Farm
Association Fees / Info
Community Features: StreetLights, Sidewalks
Senior Community: No
Association: ,No,
Bathroom Info
Buyer Compensation
Exterior Features
Pool Private: No
Fees / Restrictions
Financial
Original Price: $299,900
Garage / Parking
Open Parking: No
Attached Garage: No
Garage: No
Carport: No
Green / Env Info
Interior Features
Fireplace: No
Spa: No
Lot Info
Direction Remarks: From 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.
Lot Size Units: Acres
Lot Size Acres: 0.37
Lot Sqft: 16,250
Road Frontage Type: CityStreet
Est Lotsize: 100x162
Lot Desc: Buildable, CentralBusinessDistrict, CityLot, Flat, Level
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 17
Class Type: Commercial
Property Sub Type: Commercial
Property Attached: No
New Construction: No
Human Modified: ,No,
Current Use: Commercial
Sqft Info
Living Area Units: SquareFeet
Tax Info
Tax Year: 2,024
Tax Lot: 3
Tax Legal Description: TOWN OF INVERNESS PB 1 PG 36 LOT 3 BLK 107
Tax Block: 107
Tax Annual Amount: 2161.03
Tax Book Number: 1-36
Unit Info
Utilities / Hvac
Water Source: Public
Sewer: PublicSewer
Cooling: No
Heating: No
Utilities: CableAvailable, ElectricityAvailable, HighSpeedInternetAvailable, MunicipalUtilities, PhoneAvailable, SewerAvailable, WaterAvailable
Waterfront / Water
Waterfront: No
View: Yes
View: City
Directions
From 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.This listing courtesy of Keller Williams Realty-elite P
The information being provided by © 2025 My Florida Regional MLS DBA Stellar MLS is for the consumer's
personal, non-commercial use and may not be used for any purpose other than to
identify prospective properties consumer may be interested in purchasing. Any information relating
to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX)
program of the My Florida Regional MLS DBA Stellar MLS. XCELLENCE REALTY, INC is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of XCELLENCE REALTY, INC, a broker participant of My Florida Regional MLS DBA Stellar MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
MLS IDX data last updated on 07-31-2025 12:06 PM EST.
If you have any questions on 116 Dr Martin Luther King Jr Avenue, Inverness, Florida, please call David Shippey at 863-521-4517.
MLS# OM695872 located at 116 Dr Martin Luther King Jr Avenue, Inverness, Florida is brought to you by David Shippey REALTOR®
116 Dr Martin Luther King Jr Avenue, Inverness, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 116 Dr Martin Luther King Jr Avenue, Inverness, Florida is OM695872.
The price for 116 Dr Martin Luther King Jr Avenue, Inverness, Florida is $299,900.
The status of 116 Dr Martin Luther King Jr Avenue, Inverness, Florida is Active.
The subdivision of 116 Dr Martin Luther King Jr Avenue, Inverness, Florida is Inverness Town.
The home located at 116 Dr Martin Luther King Jr Avenue, Inverness, Florida was built in 2025.
Related Searches: Chain of Lakes Winter Haven Florida