2612 SHEPHARD ST, Inverness, FL 34452
2612 SHEPHARD ST, Inverness, FL 34452
2612 SHEPHARD ST, Inverness, FL 34452
2612 SHEPHARD ST, Inverness, FL 34452
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$ 227,000
Est. payment | /mo

4.36 Acres Lot


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$ 227,000
Est. payment | /mo
Save

4.36 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Inverness Village Unit 03

MLS Listing ID TB8516928

HOA Y/N No

Annual Tax Amount $138

Lot Size 4.360 Acres

Acres 4.36

Lot Dimensions 225 x 135 & 1050 x 510

Property Sub-Type Residential

Source Stellar MLS

Property Description

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

Location

State FL

County Citrus

Community Inverness Village Unit 03

Area 34452 - Inverness

Zoning LD

Exterior

Community Features Deed Restrictions

Utilities Available Cable Available, Electrical Nearby, Public, Sewer Nearby, Telephone Nearby, Water Nearby

Building

Lot Description Buildable, City Limits, Level, Other, Oversized Lot, Unpaved

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public, See Remarks

Schools

Elementary Schools Inverness Primary School

Middle Schools Inverness Middle School

High Schools Lecanto High School

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Owner Financing, Private Financing Available

Listing Terms Cash, Conventional, Owner Financing, Private Financing Available

Special Listing Condition None

Stellar MLS
Listed by Walter Penachio PALM LIFE REALTY

Schools and Properties Nearby

Esteban Clavell

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2612 SHEPHARD ST