2322 W Main Street, Inverness, FL 34452
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
Listed by: elias kirallah
Office: century 21 j.w.morton r.e.
MLS#:OM722700
Source:MFRMLS
Price summary
- Price:$509,250
About this home
6.41-Acre Multifamily Development Site | Inverness, FL | Zoned R-3 Centrally located within the City of Inverness, this ±6.41-acre development site presents a compelling opportunity for multifamily or alternative residential development in a supply-constrained submarket. The property is zoned R-3 Residential, allowing for up to 10 units per acre with building heights up to three stories, supporting a range of development concepts including garden-style apartments, workforce housing, and senior-oriented residential product. The site benefits from city water and sewer access via a designated easement, supporting current density allowances and providing a pathway for potential increased density through future zoning considerations. Positioned just off SR 44 / Gulf to Lake Highway (±28,000 AADT) and within city limits, the site offers strong accessibility and connectivity to the surrounding region. The property is in close proximity to key demand drivers, including Citrus Memorial Hospital, Publix, and the upcoming Aldi, as well as the Downtown Inverness Square, which features a variety of restaurants, boutiques, and local retail. Nearby recreational amenities such as Whispering Pines Park and the Tsala Apopka Chain of Lakes further enhance the overall livability and appeal of the location. The site is also within a 15-minute drive of Lecanto, Hernando, and Floral City, expanding its reach across the greater Citrus County area. From a rental perspective, the Inverness submarket continues to demonstrate stable performance supported by limited rental supply within a predominantly owner-occupied environment. One-bedroom units ranging from approximately 600 to 800 square feet achieve rents between $900 and $1,150 per month, while two-bedroom units ranging from approximately 850 to 1,100 square feet achieve rents between $1,050 and $1,350 per month. These rent levels align with the area’s income profile and reflect a value-driven tenant base, while the constrained inventory of rental housing supports consistent demand and reliable absorption for new development. The broader market is influenced by a significant concentration of retirement and senior households, creating sustained demand for workforce housing, downsized living, and assisted or independent living concepts, further reinforcing the viability of multiple residential development strategies at the subject property. Citrus County, with a 153,600 +/- residents, with long-term planning capacity for approximately 350,000 residents under the county’s Land Development Code. Continued residential expansion, infrastructure investment, and regional economic development are driving increased demand for healthcare, service, and retail facilities throughout the county....
Contact an agent
Home facts
- Subdivision & Development:FLETCHER HEIGHTS 02
- Listing ID #:OM722700
- Added:159 day(s) ago
- Updated:September 21, 2026 at 08:38 AM
Structure and exterior
- Lot area:6.41 Acres
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$509,250
- Tax amount:$2,603 (2025)
Features and amenities
- Pool features:Public Pool
New listings near 2322 W Main Street
- New
$569,900Active3 beds 4 baths2,850 sq. ft.8531 E Fort Cooper Road, INVERNESS, FL 34450
MLS# OM732337Listed by: SELLSTATE NGR-INVERNESS - New
$229,800Active2 beds 2 baths1,450 sq. ft.620 Whitney Avenue, INVERNESS, FL 34452
MLS# OM732555Listed by: REMAX REALTY ONE - New
$549,900Active5 beds 4 baths3,156 sq. ft.414 Lake Street, INVERNESS, FL 34450
MLS# OM732194Listed by: BHHS-FLORIDA SHOWCASE PROPERTIES - New
$59,900Active0.7 Acres1443 E Saint James Loop, INVERNESS, FL 34453
MLS# OM732537Listed by: TROPIC SHORES REALTY - New
$220,000Active2 beds 2 baths1,326 sq. ft.915 Orchid Avenue, INVERNESS, FL 34452
MLS# TB8547624Listed by: COLDWELL BANKER REALTY - New
$259,900Active3 beds 2 baths1,707 sq. ft.505 Hickory Road, INVERNESS, FL 34450
MLS# OM732467Listed by: COLDWELL BANKER INVESTORS REAL - New
$19,900Active0.22 Acres6136 E Rector Street, INVERNESS, FL 34452
MLS# TB8549516Listed by: RE/MAX CHAMPIONS - New
$19,900Active0.22 Acres1130 Bluebonnet Terrace, INVERNESS, FL 34452
MLS# TB8549520Listed by: RE/MAX CHAMPIONS - New
$261,990Active3 beds 2 baths1,477 sq. ft.446 N Fitzpatrick Avenue, INVERNESS, FL 34453
MLS# C7530917Listed by: WJH BROKERAGE FL LLC - New
$49,000Active0.79 Acres12 N Shadow Wood Drive, INVERNESS, FL 34450
MLS# GC543530Listed by: FLORIDA HOMES REALTY & MORTGAGE