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3298 E Pierce Street

INVERNESS, FL 34453
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SqFt19,600

Sqft(Lot)

Acres0.45

Acre(Lot)

One or more photo(s) has been virtually staged. DOUBLE LOT – RARE INVESTMENT OPPORTUNITY IN INVERNESS HIGHLANDS Discover a true double lot totaling 0.45 acres in the desirable Inverness Highlands area of Citrus County. This oversized parcel is equivalent to two standard residential lots and has been approved by Citrus County for multiple development options. Zoned Medium Density Residential (MDR), this property offers exceptional flexibility. You may build two separate single family homes or one duplex, creating the opportunity for two rental incomes from a single acquisition. For investors, this represents a powerful strategy to maximize returns with the efficiency of developing two units on one combined lot. This property also offers the possibility of splitting the lot into two pa rcels and selling them separately, building one home while retaining the second lot as a future resale asset, constructing your primary residence with an oversized homesite, or designing a custom home with room for a pool, workshop, RV storage, detached garage, or expansive outdoor living space. With no HOA restrictions, you have full design freedom and no association limitations. Electricity, cable, high speed internet, and telephone services are available nearby. Well and septic are required, providing greater independence and potentially lower long term operating costs. Located in a peaceful residential neighborhood just minutes from downtown Inverness, this property offers privacy while remaining close to shopping, medical facilities, parks, lakes, and boat ramps. Outdoor enthusiasts will appreciate proximity to the Withlacoochee State Trail, one of the longest paved biking trails in Florida, perfect for cycling, walking, and enjoying nature. Strategically positioned approximately one hour from Orlando, Tampa, and Ocala, with convenient access toward the Florida Turnpike and a short drive to the Gulf Coast, this location offers both accessibility and lifestyle appeal. Citrus County is also known for its relatively low annual property taxes, enhancing long term value and affordability. Whether you are an investor seeking rental income potential, a builder exploring multi unit development, or a homeowner looking for space, flexibility, and long term value, this double lot presents a rare and cost effective opportunity in one of Inverness’s most attractive non HOA communities. Opportunities like this are increasingly limited.

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Detail Ic Property Details

Property Type : Land

Price : $49,000

AD Id : 70609287

MLS Id : MFRO6365923

Lot Size : 0.45 Acre(Lot)

Living Area Size : 19,600

County : Citrus

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Feature Features

  • Water Source

    WaterSource: Public

  • Lot Information

    Lot Dimensions: See Survey / Per Plat Map Lot Square Feet: 19600 Lot Acres: 0.45 Lot Size (SqMt): 1821

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$52000

  • Tax Information

    Tax Block: 8 Tax Book Number: 93 Tax Legal Description: INVERNESS HGLDS UNIT 1 PB 2 PG 93LOTS 1, 2, 3, 4, 5 & 6 BLK 8 Annual Tax: $216.73 Tax Year: 2025 Parcel Number: 19E19S020010 00080 0010

  • Utility Information

    BB/HS Internet Available, Cable Available, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Propane, Telephone Nearby, Utility Pole Sewer: Septic Needed Water Source: Public
  • Location Information

    City: INVERNESS Direction: From Downtown Inverness, take US-41 N (N Florida Ave). Turn right onto E Hampshire St, then left onto N Croft Ave. Continue and turn right onto E Pierce St. The property will be on your right.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9263 E Briar Ct, Inverness, FL, 34453 $15,000 -- -- -- Acres (Lot)--
100 S Secretariat, Inverness, FL, 34453 $35,000 -- -- -- Acres (Lot)--
1411 E Seatle Slew Cir, Inverness, FL, 34453 $30,000 -- -- -- Acres (Lot)--
9368 E Riveroak Lane, Inverness, FL, 34453 $42,000 -- -- 43,874 1.01 Acre(Lot)
9436 E Sleepy Oak Court, Inverness, FL, 34453 $25,000 -- -- 21,760 0.50 Acre(Lot)
9436 E Sleepy Oak Court, Inverness, FL, 34453 $25,000 -- -- -- 0.50 Acre(Lot)
9399 E Briar Court, Inverness, FL, 34453 $30,000 -- -- 9,150 0.21 Acre(Lot)
9399 E Briar Court, Inverness, FL, 34453 $30,000 -- -- -- 0.21 Acre(Lot)
9346 E Sleepy Oak Court, Inverness, FL, 34453 $27,000 -- -- 21,760 0.51 Acre(Lot)
9291 E Riverbluff Court, Inverness, FL, 34453 $35,000 -- -- -- 0.42 Acre(Lot)
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ByOwner last updated this listing 06/09/2026 @ 06:20

MLS: MFRMLS #O6365923 LISTED BY: Julia Ferreira, EMPIRE NETWORK REALTY 407-440-3798 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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