# 2612 SHEPHARD STREET, Inverness, FL 34452

> **TL;DR:** land, $227,000. Est. $984/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $227,000 |
| Lot Size | 189,922 sqft (4.36 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $984 |
| **Total** | **$984** |

## Nearby Schools

- **Elementary:** Inverness Primary School
- **Middle:** Inverness Middle School
- **High:** Lecanto High School

## Property Highlights

- 4.36 acre lot

## Description

### 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

## Location

- **Address:** 2612 SHEPHARD STREET, Inverness, FL 34452
- **County:** Citrus
- **Neighborhood:** INVERNESS VILLAGE UNIT 03
- **Coordinates:** 28.841018, -82.364663
- **Google Maps:** https://www.google.com/maps?q=28.841018,-82.364663

## Listing Agent

- **Name:** Walter Penachio
- **Brokerage:** PALM LIFE REALTY
- **Phone:** 7276884040
- **Email:** walter@palmliferealty.com

## Primary Photo

![2612 SHEPHARD STREET - Primary Photo](http://lh.rdcpix.com/a644ed9fb5d1f2233fa2165590c39847l-f142915559r.jpg)

*4 total photos available on [listing page](https://www.propertysimple.com/listing/2612-shephard-street-inverness-fl-34452-b8516928)*

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**MLS#:** TB8516928 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/2612-shephard-street-inverness-fl-34452-b8516928)

---

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