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33424432
33424266

2612 Shephard Street, Inverness, FL 34452

WP
BK3043989
Palm Life Realty
Listed by Palm Life Realty
$227,000
33 days on market
Updated 33 days ago

2612 Shephard St - 4.36 AC | 18 SFR LOTS | RARE OPPORTUNITY

Details
Property Type Land
Sub Type Residential
Pads 18
Tenancy Vacant
Price Per Acre $52,000
Acreage 4.360
Zoning LD/R1
Investment Type Value Add
Sale Condition N/A

4.36 acres | 18 Platted (.25 Acre Each) SFR Addressed Lots | Portfolio Sale

Marketing description

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

Listing Contacts

WP
BK3043989
Palm Life Realty
Listed by Palm Life Realty

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Zoning

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LD/R1 ResidentialSingle FamilyLow Density Residential District
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Last updated May 13, 2026 For deeper zoning details, reports are available at Zoneomics

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