

Listed by Coldwell Banker Commercial Premier Saint Augustine
$269,000
116 Dr. Martin Luther King Jr Ave
Details
APN 01070-0030
Property Type Land
Sub Type Vacant Land, Other
Acreage 0.370
Zoning Central Business District
Commercial Lot across from the Courthouse
Marketing description
From US-41, turn North onto Dr Martin Luther King Jr Ave in Inverness. Property is located across the street from the Citrus County Courthouse.
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.
Investment 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
Listing Contacts


Listed by Coldwell Banker Commercial Premier Saint Augustine
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Zoning
CBD CommercialCore CommercialCentral Business District
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View all 16 uses
View all 16 uses Last updated May 13, 2026 For deeper zoning details, reports are available at Zoneomics
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