3298 E PIERCE STREET, Inverness, FL 34453

Property Description

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 parcels 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.

Listing Status:

Active

Date Added:

December 8, 2025

Data Last Updated:

May 18, 2026 at 1:21PM

Listing Office:

EMPIRE NETWORK REALTY : 407-440-3798

Listing Agent:

Julia Ferreira : 407-271-2086

MLS ID:

O6365923

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Citrus

Lot

• Zoning: MDRINVERNESS HGLDS UNIT 1 PB 2 PG 93LOTS 12345 & 6 BLK 819E19S020010 00080 0010
• View: Trees/Woods
• Current Use: Residential

Utilities

• Utilities: BB/HS Internet AvailableCable AvailableElectricity AvailableFiber OpticsFire HydrantPhone AvailablePropaneTelephone NearbyUtility Pole
• Water: Public
• Sewer: Septic Needed

Financial

• Source: Stellar MLS
• Ownership: Fee Simple