2612 SHEPHARD ST, INVERNESS, FL, 34452
$227,000
Land
Lot Size
189,910 Sqft
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 Details
Property Features Property Features
MLS ID: MFRTB8516928 Year Built:
Community Features: Deed Restrictions Country: US
County Or Parish: Citrus Current Use: Residential
Direction Faces: South Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, Owner Financing, Private Financing Available Lot Features: Buildable, City Limits, Level, Other, Oversized Lot, Unpaved
Possession: Close Of Escrow Property Type: Land
Road Responsibility: Public Maintained Road Road Surface Type: Dirt, Unimproved
Sewer: Public Sewer Showing Requirements: Call Listing Agent, Go Direct, Other, See Remarks, ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Cable Available, Electrical Nearby, Public, Sewer Nearby, Telephone Nearby, Water Nearby
Vegetation: Wooded Water Source: Public, See Remarks
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