About This Home

This land at 116 Dr Martin Luther King Jr Ave in Inverness, FL is listed for $269,000 (0.37 acres).

Key Features

  • 0.37 acre lot
Listing 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.

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 courthouse-ideal for rooftop venues or penthouse concepts This rare downtown opportunity combines flexible zoning, walkable amenities, and outstanding development potential.

Location

116 Dr Martin Luther King Jr Ave

Inverness, FL 34450

Not Available-Other

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 $1,438 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.37 acre lot.

This property is listed by Richard O'Brien.

RO

Richard O'Brien

Agent at Premier Properties Realty Group, Inc.

Listed by Premier Properties Realty Group, Inc. · Broker phone: (904) 471-5000 · View on Broker Site · Broker website

MLS# 255402· Source: St. Augustine & St. John's County Board of Realtors· 405 days on PropertySimple

Copyright © 2026 St. Augustine & St. John's County Board of 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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