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!
Status:
Active
Type:
Lot / Acreage
Subdivision:
INVERNESS TOWN
Lot Size:
100 x 162
Acreage:
0.37
Est. Taxes:
$2,161
Current Use
Commercial
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Street Lights, Water Available
Lot Description:
Buildable, Central Business District, City Lot, Level, Sidewalk, Street Lights
View Description:
City
Days on Market:
1
MLS #:
OM695872
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of KELLER WILLIAMS REALTY-ELITE Phone: 352-419-0200