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  1. Mobile: 352.650.7063
  2. Office: 352.688.1303
  3. kgrey@pparealty.com
  2. Kelli Grey
  3. Preferred Property Associates Inc
  4. "Treating People the Way I Like to be treated.......it's that simple"

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

Priced at Only: $299,900

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116 Dr Martin Luther King Jr Avenue
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  • MLS#: OM695872 ( Land )
  • Street Address: 116 Dr Martin Luther King Jr Avenue
  • Viewed: 124
  • Price: $299,900
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 60
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!
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Land Information
  • Lot Features: Buildable, Central Business District, City Limits, Level, Sidewalk, Street Lights, Paved
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Street Lights, Water Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Current Use: Commercial
  • Legal Description: TOWN OF INVERNESS PB 1 PG 36 LOT 3 BLK 107
  • Area Major: 34450 - Inverness
  • Parcel Number: 20E-19S-17-0050-01070-0030
  • View: City
  • Views: 124
  • Zoning Code: CBD

Contact Info

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Headshot for Associate Kelli Grey
  1. Kelli Grey
  2. Preferred Property Associates Inc
  3. "Treating People the Way I Like to be treated.......it's that simple"
  4. Mobile: 352.650.7063
  5. Office: 352.688.1303
  6. kgrey@pparealty.com
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