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About This Home

This land at 116 DR MARTIN LUTHER KING JR AVE in Inverness, FL is listed for $269,000 (0.37 acres).

Agent Description

Positioned in the heart of Downtown Inverness, this vacant commercial parcel offers unmatched visibility directly adjacent to the Citrus County Sheriffs 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 courthouseideal for rooftop venues or penthouse concepts This rare downtown opportunity combines flexible zoning, walkable amenities, and outstanding development potential.

Key Features

  • 0.37 acre lot

Location

116 DR MARTIN LUTHER KING JR AVE

Inverness, FL 34450

Questions & Answers

This 0-bedroom, 0-bathroom land at 116 DR MARTIN LUTHER KING JR AVE is listed at $269,000. The estimated monthly payment is $1,166 based on 20% down at 6.5% interest.

Key features include: 0.37 acre lot.

This property is listed by Rich O'Brien and can be reached at 9048142080 or rich.obrien@thepremierproperties.com.

RO

Rich O'Brien

Agent at Premier Properties

(904) 814-2080

Listed by Premier Properties · View on Broker Site

MLS# 255402· Source: listhub· Updated today

Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

116 DR MARTIN LUTHER KING JR AVE, Inverness, FL 34450

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