3298 E Pierce St
Description
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,...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.
- Listed by Julia Ferreira • Brokerage DRE #1045941 • EMPIRE NETWORK REALTYP: (407)-271-2086 C: (407)-271-2086 julia@usa-prime.com
Property Details for 3298 East Pierce Street
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Property Details for 3298 East Pierce Street
| Status | Active |
|---|---|
| MLS # | O6365923 |
| Days on Market | 120 |
| Taxes | $217 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Land |
| MLS Type | Land |
| Year Built | - |
| Lot Size | 0.45 AC |
| County | Citrus County |
Location
Building Information for 3298 East Pierce Street
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$274 per month
30 year fixed, 6.46% Interest
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1Property Information for 3298 East Pierce Street
- Building Area Units: Square Feet
- Directions: 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.
- Mls Major Change Type: Price Decrease
- Listing Service: Full Service
- Street Number: 3298
- Street Direction Prefix: E
- Street Name: PIERCE
- Street Suffix: STREET
- State: FL
- City: INVERNESS
- Available For Lease: No
- Association: No
- 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
- Tax Year: 2025
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/O6365923
- Additional Parcels: No
- Current Use: Residential
- Lot Size Dimensions: See Survey / Per Plat Map
- Parcel Number: 19E19S020010 00080 0010
- Total Acreage: 1/4 to less than 1/2
- Water Access: No
- Water Extras: No
- Zoning: MDR
- Lot Dimensions: See Survey / Per Plat Map
- Flood Zone Code: X
- Public Survey Range: 19
- Public Survey Section: 11
- Sewer: Septic Needed
- Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Propane, Street Lights, Telephone Nearby, Utility Pole
- Water Source: Public
- Pool: None
- Pool Private: No
- Waterfront Feet Total: 0
- Living Area Units: Square Feet
- Water View: No
Property History for 3298 East Pierce Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 14, 2026 | Price Change MFRMLS #O6365923 | $50,900 | — |
| Dec 8, 2025 | Listed (Active) MFRMLS #O6365923 | — | |
| Dec 8, 2025 | Temporarily Off Market MFRMLS #O6365923 | — | |
| Dec 8, 2025 | Listed (Active) MFRMLS #O6365923 | $52,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/14/2026 | Price Change MFRMLS #O6365923 | $50,900 |
| 12/08/2025 | Listed (Active) MFRMLS #O6365923 | — |
| 12/08/2025 | Temporarily Off Market MFRMLS #O6365923 | — |
| 12/08/2025 | Listed (Active) MFRMLS #O6365923 | $52,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3298 East Pierce Street
Schools near 3298 East Pierce Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 11 to 12 |
Rating | School | Distance |
|---|---|---|
Hernando Elementary School PublicPK to 5 | ||
Inverness Middle School Public6 to 8 | ||
Citrus High School Public9 to 12 | ||
Withlacoochee Technical Institute Public11 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of EMPIRE NETWORK REALTY, Julia Ferreira
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 04/07/2026 05:09 PM
