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.
Lot/land
Price cut: $1.1K (2/14)
$50,900
3298 E Pierce St, Inverness, FL 34453
--beds
0baths
0.45Acres
Unimproved Land
Built in ----
0.45 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 113 days |
- 25 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: February 14, 2026 at 06:13pm
Listing Provided by:
Julia Ferreira 407-271-2086,
EMPIRE NETWORK REALTY 407-440-3798
Source: Stellar MLS,MLS#: O6365923
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.45 Acres
Details
- Parcel number: 19E19S020010 00080 0010
- Zoning: MDR
- Special conditions: None
Utilities & green energy
- Sewer: Septic Needed
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Propane, Street Lights, Telephone Nearby, Utility Pole
Community & HOA
Community
- Pet fee: $0 monthly
HOA
- Has HOA: No
Location
- Region: Inverness
Financial & listing details
- Tax assessed value: $11,160
- Annual tax amount: $216
- Date on market: 12/8/2025
- Cumulative days on market: 77 days
- Listing terms: Cash,Other
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,734/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/14/2026 | Price change | $50,900-2.1% |
Source: | ||
| 12/8/2025 | Listed for sale | $52,000+419.5% |
Source: | ||
| 5/9/2024 | Sold | $10,010 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $104 +14.5% | $4,287 +10% |
| 2023 | $91 +26.5% | $3,897 +10% |
| 2022 | $72 +26.5% | $3,543 +10% |
| 2021 | $57 +8% | $3,221 -18.7% |
| 2020 | $53 +8.9% | $3,960 +48.8% |
| 2019 | $48 +2.1% | $2,662 -28.2% |
| 2018 | $47 | $3,710 +68.6% |
| 2017 | $47 +29.2% | $2,200 |
| 2016 | $37 -3.5% | $2,200 -36.6% |
| 2015 | $38 -33.4% | $3,470 +20.1% |
| 2014 | $57 +8.1% | $2,890 -5.6% |
| 2013 | $53 +4% | $3,060 -5.3% |
| 2012 | $51 -64.7% | $3,230 -1% |
| 2011 | $144 +0.2% | $3,264 -1.2% |
| 2010 | $144 -27.2% | $3,305 -48.9% |
| 2009 | $197 -45.2% | $6,464 -61.1% |
| 2008 | $360 -21.9% | $16,605 -29.3% |
| 2007 | $462 -10.8% | $23,500 -9.6% |
| 2006 | $517 +102% | $26,000 +185.7% |
| 2005 | $256 +354.2% | $9,100 +203.3% |
| 2004 | $56 +3.3% | $3,000 |
| 2003 | $55 -4.7% | $3,000 -3.2% |
| 2002 | $57 +0.7% | $3,100 |
| 2000 | $57 | $3,100 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 34453
Nearby schools
GreatSchools rating
- NACitrus Virtual Instruction ProgramGrades: K-12Distance: 2.2 mi
- 4/10Inverness Middle SchoolGrades: 6-8Distance: 1.4 mi
- 4/10Citrus High SchoolGrades: 9-12Distance: 2.4 mi
Local experts in 34453
- Florida
- Citrus County
- Inverness
- 34453
- 3298 E Pierce St







