2612 Shephard Street, INVERNESS, FL

$227,000

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4.36

Acres

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

Community Information

Address 2612 Shephard Street
Area Inverness
Subdivision INVERNESS VILLAGE UNIT 03
City INVERNESS
County Citrus
State FL
Zip Code 34452-9601

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

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

School Information

Elementary Inverness Primary School
Middle Inverness Middle School
High Lecanto High School

Additional Information

Date Listed June 8th, 2026
Days on Market 96
Zoning LD
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePALM LIFE REALTY

Listing Map

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