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$227,000

2612 SHEPHARD STREET, INVERNESS, FL 34452

Active120 days on market

Beds

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Baths

0

Sq Ft

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Year Built

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Lot Size

4.36 acres

Garage

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About This Property

4.36 acres | 18 Platted (.25 Acre Each) SFR Addressed Lots | Portfolio Sale | This offering presents the opportunity to acquire eighteen platted residential lots within Inverness Village Unit 3 in Inverness, Florida, positioned directly behind the recently completed Clearwood Street development. The adjacent corridor has already demonstrated proven builder absorption and validated end-buyer demand, with new construction homes achieving sales in the mid-$330,000 range and twenty-two lots acquired in a bulk transaction by a national homebuilder. The portfolio is offered for $227,000 and represents the next logical phase of development within a proven residential submarket. Public water and sewer capacity has been confirmed by the City of Inverness, with new hydrants and lift stations installed to serve the adjacent Clearwood buildout. While the roadway is currently unpaved and individual lot connections have not yet been completed, these conditions are reflected in the pricing and create a value-driven entry point for builders seeking scalable inventory at a lower land basis. Zoned LD/R1 (Low Density Residential), the lots are fully platted and positioned for phased single-family construction consistent with surrounding development. The combination of verified nearby sales, confirmed utility capacity, and municipal cooperation provides a compelling development platform for production builders, regional operators, or investors pursuing a controlled residential rollout strategy. Investment highlights: 18 Platted Residential Lots Offered as One Portfolio | Proven Exit Values with New Construction Sales | New Hydrants and Sewer Lift Stations Installed at End of Road | Adjacent to Clearwood Street Development | Public Water and Sewer Capacity Confirmed by City of Inverness | City Indicated Cooperation with Shared Roadway/Infrastructure Assessments

Property Overview

Property TypeLand
MLS #TB8516928
StatusActive
FacesSouth
SubdivisionINVERNESS VILLAGE UNIT 03
CountyCitrus
OwnershipFee Simple

Interior Features

Exterior & Lot

Lot Size4.36 acres (189,910 sq ft)
Lot Dimensions225 x 135 & 1050 x 510
Lot FeaturesBuildable, City Lot, Level, Other, Oversized Lot
Road SurfaceUnimproved, Dirt
0

Utilities

WaterPublic, See Remarks
SewerPublic Sewer
UtilitiesCable Available, Electrical Nearby, Public, Sewer Nearby, Telephone Nearby, Water Nearby

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$227,000
Annual Taxes$138 (2025)
FinancingCash, Conventional, Owner May Carry, Private Financing Available
ZoningLD
Parcel #19E19S130030001200430

Schools

ElementaryInverness Primary School
MiddleInverness Middle School
HighLecanto High School

Directions

Vacant land - Go to site - Dirt road - Don't get stuck - Drive down at your own risk

Location

2612 SHEPHARD STREET, INVERNESS, FL 34452

Listing Information

OfficePALM LIFE REALTY
ListedJune 8, 2026

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Home Price

$227,000

20% ($45,400)
6.75%

Loan Term

Principal & Interest$1,178
Property Tax (est.)$208
Insurance (est.)$150
Total Monthly$1,536
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Nearby Schools

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: June 9, 2026.

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