1 Fitzgerald Way, Inverness, FL 34450

This is a waterfront development opportunity you won’t want to miss! With 70.3 waterfront acres, central water and sewer available. and a prime location within Inverness City Limits! There is nearly 3500’ of waterfront on Little Lake Henderson, part of the 22 mile long chain of interconnecting lakes known as Lake Tsala Apopka. Lake Henderson is a 422 acre pristine waterway with a depth of 12′. The property offers 57.48 acres of Net Usable Uplands and 12.82 acres of pristine wetland preserves, and natural springs. Located inside the LDR1 zoning district of City Limits of Inverness, FL, this zoning allows for up to 5 units/acre (8,500 sf minimum lot and an impervious coverage ratio of 40%, 25% Building Allowance) with a minimum of 1,000 sf of living area. Permissible building types in the LDR1 zoning district include Single Family Detached, Single Family Attached and Multifamily Duplex. Estimated unit density at the subject property with compliance in the LDR1 zoning district could yield a potential of 287 units priced at just $13,560/unit of density, pending municipal approval. Centrally located just 1.4 miles drive time from Historical Downtown Inverness, City Hall, Citrus County CourtHouse, Liberty Park, Wallace Brooks Park and Rails To Trails Recreation Path (46 miles in length). Neighboring cities include Lecanto (11.2 miles), Beverly Hills (13.3 miles), and Inverness (1.4 miles).

General Information

Bedrooms: NULL
Total Square Feet: 3062236.00 Sq. Ft.
Price: $3525000.00
Property Type: Land
Bathrooms: 0
Lot Size: 70.3000 Acres
Year Built: NULL
Style: NULL

Building and Construction

House Style: NULL
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Floor: NULL
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Interior Features

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Garage and Parking

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Pool and Spa


School Information

Elementary School: Inverness Primary
Middle School: Inverness Middle
High School: Citrus High

Other Property Info

City: Inverness
State: FL
Subdivision: Not on List
APN Number: 

HOA Information

HOA Dues:
Fee Includes:

Listing Provider

Courtesy of: Century 21 J.W.Morton R.E.
Data Source:
MLS ID: 812668

Listing Information

Added to Site: 


ID : 54129
Price : $3,525,000
Property Type : Land
Status : Active
Bedrooms : NULL
Bathrooms : 0
Area : 70.3000 Sq. Ft.
Address : 1 Fitzgerald Way
State : FL
Zip Code : 34450
City : Inverness
Country : 812668

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Coldwell Banker Next Generation Realty

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