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2612 SHEPHARD STREET

Lots/Land For Sale
$227,000

BTC: 3.53639787

ETH: 128.76218136

14 days
0 room(s)

Overview

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

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
4.36 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Highlights

Annual tax
$138
2025
All facts and features
  • Lot

    • Lot: 4.36 Acres

    Other Property Information

    • Parcel Number: 19E19S130030001200430

    • Zoning: LD

  • Type and style

    • Property Type: Land

  • Utility

    • Cable Available

    • Electrical Nearby

    • Public

    • Sewer Nearby

    • Telephone Nearby

    • Water Nearby

  • Other financial information

    • Annual tax amount: $138

  • Source details

    • MLS ID: TB8516928

    Other facts

    • Lot Features: Buildable / City Lot / Level / Other / Oversized Lot

    • Direction Faces: South

    • Water Source: Public / See Remarks

    • Lot Size Dimensions: 225 x 135 & 1050 x 510

    • Subdivision Name: INVERNESS VILLAGE UNIT 03

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PALM LIFE REALTY