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

$289,900

—

Bed

—

Bath

-

Sq Ft

0.37

Acres (Lot)

Land

Active

Listed by

Rich O'Brien
Coldwell Banker Premier Properties

904-471-5000

Last updated:

March 5, 2026, 03:49 PM

MLS#

255402

Source:

FL SASJCBR

Company Logo

About This Land

116 Dr Martin Luther King Jr Ave

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.37

MLS #:

255402

Last Updated:

March 5, 2026, 03:49 PM

Added:

5 month(s) ago

Finances & Disclosures

Finances

Price:

$289,900

116 Dr Martin Luther King Jr Ave
office logo

Rich O'Brien

(904) 814-2080

(904) 814-2080

Contact
Source:FL SASJCBR
The information being provided by St Augustine And St Johns County Board Of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 St Augustine And St Johns County Board Of REALTORS® All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.