Contact Julie Ann Ludovico
Contacting Julie Ann Ludovico
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Request more information
Property Photos
116 Dr Martin Luther King Jr AvenueListing photo id 1 for 116 Dr Martin Luther King Jr Avenue Listing photo id 2 for 116 Dr Martin Luther King Jr Avenue Listing photo id 3 for 116 Dr Martin Luther King Jr Avenue Listing photo id 4 for 116 Dr Martin Luther King Jr Avenue Listing photo id 5 for 116 Dr Martin Luther King Jr Avenue Listing photo id 6 for 116 Dr Martin Luther King Jr Avenue Listing photo id 7 for 116 Dr Martin Luther King Jr Avenue Listing photo id 8 for 116 Dr Martin Luther King Jr Avenue Listing photo id 9 for 116 Dr Martin Luther King Jr Avenue Listing photo id 10 for 116 Dr Martin Luther King Jr Avenue Listing photo id 11 for 116 Dr Martin Luther King Jr Avenue Listing photo id 12 for 116 Dr Martin Luther King Jr Avenue Listing photo id 13 for 116 Dr Martin Luther King Jr Avenue
  • MLS#: 842024 ( Land )
  • Street Address: 116 Dr Martin Luther King Jr Avenue
  • Viewed: 4
  • Price: $299,900
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 6
  • Additional Information
  • County: CITRUS
  • City: Inverness
  • Zipcode: 34450
  • Subdivision: Town Of Inverness
  • Elementary School: Inverness Primary
  • Middle School: Inverness Middle
  • High School: Citrus High
  • Provided by: Keller Williams Realty - Elite Partners II
  • REALTOR® Association of Citrus County
  • DMCA Notice
  • 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!
Request More Information
  • All fields are required.
Features
Possible Terms
  1. Cash
  2. Conventional
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
High School
  1. Citrus High
Insurance Expense
  1. 0.00
Legal Description
  1. TOWN OF INVERNESS PB 1 PG 36 LOT 3 BLK 107
Living Area
  1. 0.00
Lot Features
  1. Flat
Middle School
  1. Inverness Middle
Area Major
  1. 07
Net Operating Income
  1. 0.00
Occupant Type
  1. Vacant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 1756367
Pet Deposit
  1. 0.00
Possession
  1. Closing
Possible Use
  1. Commercial
Property Type
  1. Land
Road Frontage Type
  1. CityStreet
School Elementary
  1. Inverness Primary
Security Deposit
  1. 0.00
Sewer
  1. PublicSewer
Tax Year
  1. 2024
The Range
  1. 0.00
Trash Expense
  1. 0.00
Utilities
  1. HighSpeedInternetAvailable
Water Source
  1. Public
Zoning Code
  1. CBD