About 2612 Shephard Street
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
Features of 2612 Shephard Street
| MLS® # | TB8516928 |
|---|---|
| Price | $227,000 |
| Acres | 4.36 |
| Type | Land |
| Sub-Type | Land |
| Status | Active |
Listing Details
| Office | PALM LIFE REALTY |
|---|
Listing Map
Neighborhood Information for 2612 Shephard Street
Stable Population, Low Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Withlacoochee Technical College Public - to |
1 Miles | |
|
Pleasant Grove Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
1 Miles | |
|
|
Inverness Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
|
Citrus High School Public - 9Th Grade to 12Th Grade - Closest High School |
2 Miles | |
|
Inverness Primary School Public - Preschool to 5Th Grade |
2 Miles | |
|
|
Solid Rock Christian Academy Private - Preschool to 12Th Grade |
2 Miles | |
|
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Solid Rock Christian Academy Private - Preschool to 12Th Grade |
2 Miles |
School data provided by GreatSchools