116 Dr Martin Luther King Jr Avenue, Inverness, FL 34450
Land 
Built in —— 
0.37acre lot
—— car garage 
$——/sqft 
Listed 3 months ago
Property 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!
- Listing Status:
- Active
- Listing Office:
- Keller Williams Realty - Elite Partners II : (352) 419-0200
- MLS ID:
- 842024
- Road/Access: City Street
- Originating MLS: CITRUS
- County: Citrus
This listing courtesy of Keller Williams Realty - Elite Partners II
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Inverness Primary School
206 S Line Ave, Inverness, FL, 34452
Grades PK-5
0.59 miles away
Inverness Middle School
1950 Highway 41 N, Inverness, FL, 34450
Grades 6-8
1.01 miles away
Citrus High School
600 W Highland Blvd, Inverness, FL, 34452
Grades 9-12
0.59 miles away
