116 Dr Martin Luther King Jr Avenue, Inverness, FL 34450

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!

Additional Information
County: Citrus
Subdivision: Town of Inverness

Property/Construction Information
Lot Size (Acres): 0.3700
Architectural Style:
Appliances:
Flooring:
Lot Features: Flat
Pool: 0
Living Area (Sq. Ft.):

School Zoning
Elementary School: Inverness Primary
Middle School: Inverness Middle
High School: Citrus High

Listing Information
Listing ID: 842024
Listing Status: Active
Days On Market: 5
Listing Agent: Louis Newman
Listing Agency: Keller Williams Realty – Elite Partners II
Listing Agent ID: agentnewmlo2
Listing Agency ID: agency11890