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

> **TL;DR:** land, $269,000. Est. $1,166/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $269,000 |
| Lot Size | 16,117 sqft (0.37 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,166 |
| **Total** | **$1,166** |

## Property Highlights

- 0.37 acre lot

## Description

### 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.

## Location

- **Address:** 116 DR MARTIN LUTHER KING JR AVE, Inverness, FL 34450
- **County:** Citrus County
- **Coordinates:** 28.837061, -82.328534
- **Google Maps:** https://www.google.com/maps?q=28.837061,-82.328534

## Listing Agent

- **Name:** Rich O'Brien
- **Brokerage:** Premier Properties
- **Phone:** 9048142080
- **Email:** rich.obrien@thepremierproperties.com

## Primary Photo

![116 DR MARTIN LUTHER KING JR AVE - Primary Photo](http://lh.rdcpix.com/27076ab46e026c35065287e88bac8a0cl-f1185065254r.jpg)

*4 total photos available on [listing page](https://www.propertysimple.com/listing/116-dr-martin-luther-king-jr-ave-inverness-fl-34450-17220602)*

---

**MLS#:** 255402 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/116-dr-martin-luther-king-jr-ave-inverness-fl-34450-17220602)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "116 DR MARTIN LUTHER KING JR AVE, Inverness, FL 34450",
  "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 la",
  "url": "https://www.propertysimple.com/listing/116-dr-martin-luther-king-jr-ave-inverness-fl-34450-17220602",
  "image": "http://lh.rdcpix.com/27076ab46e026c35065287e88bac8a0cl-f1185065254r.jpg",
  "datePosted": "2026-06-19",
  "price": 269000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "116 DR MARTIN LUTHER KING JR AVE",
    "addressLocality": "Inverness",
    "addressRegion": "FL",
    "postalCode": "34450",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 28.837061,
    "longitude": -82.328534
  },
  "yearBuilt": null
}
```