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

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For Sale

$289,900

0.37 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 0.4 acres
    Lot size

Explore this Property

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.
MLS# 255402

Courtesy Of Premier Properties Realty Group, Inc.

(904) 471-5000

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.37 Acres

Map and Directions

Directions to 116 Dr Martin Luther King Jr Ave, Inverness, FL 34450

Home seller CENTURY 21 J W Morton Real Estate, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 J W Morton Real Estate, Inc.

(352) 726-6668
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.