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About This Home

This land at 2612 SHEPHARD STREET in Inverness, FL is listed for $227,000 (4.36 acres).

Agent 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

Key Features

  • 4.36 acre lot

Location

2612 SHEPHARD STREET

Inverness, FL 34452

INVERNESS VILLAGE UNIT 03

Features & Amenities

Exterior Features

LevelUnpaved

Questions & Answers

This 0-bedroom, 0-bathroom land at 2612 SHEPHARD STREET is listed at $227,000. The estimated monthly payment is $984 based on 20% down at 6.5% interest.

Key features include: 4.36 acre lot. Exterior Features: Level, Unpaved.

This property is listed by Walter Penachio and can be reached at 7276884040 or walter@palmliferealty.com.

WP

Walter Penachio

Agent at PALM LIFE REALTY

(727) 688-4040

Listed by PALM LIFE REALTY · View on Broker Site

MLS# TB8516928· Source: listhub· Updated 1 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2612 SHEPHARD STREET, Inverness, FL 34452

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