Property
ActiveLand
1/4
$227,000

2612 SHEPHARD STREET

Inverness, FL 34452
0
Beds
0
Baths
0
SqFt
4.36
Acres
STELLAR
#TB8516928
Updated: Jun 9, 2026, 6:08am

Property 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

Property Details

Construction
Building Area Units
Square Feet
Direction Faces
South
Living Area Units
Square Feet
Site & Exterior
Current Use
Residential
Flood Zone Code
x
I D X Participation
Yes
Lot Features
BuildableCity LotLevelOtherOversized Lot
Lot Size Acres
4.36
Lot Size Area
4.3597
Lot Size Dimensions
225 x 135 & 1050 x 510
Lot Size Square Feet
189910
Lot Size Units
Acres
Number Of Lots
18
Public Survey Range
19E
Public Survey Section
13
Road Frontage Type
Street Unpaved
Road Responsibility
Public Maintained Road
Road Surface Type
UnimprovedDirt
Sewer
Public Sewer
Total Acreage
2 to less than 5
Utilities
Cable AvailableElectrical NearbyPublicSewer NearbyTelephone NearbyWater Nearby
Vegetation
Trees
Water Source
PublicSee Remarks
Zoning
LD
Financials
Additional Parcels
Yes
Additional Parcels Description
19E19S130030001200450 thru 19E19S130030001200310,19E19S130030001200290 thru 19E19S130030001200270
Calculated List Price By Calculated Sq Ft
1.2
Contract Status Change Date
2026-06-08
Current Price
227000
Feed Types
BBO
Owner Name
CAVACHIO LLC
Ownership
Fee Simple
Parcel Number
19E19S130030001200430
Price Per Acre
52064
Public Survey Township
19S
Tax Annual Amount
138.23
Tax Block
12
Tax Book Number
6-26
Tax Legal Description
INVERNESS VLG PB 6 PG 26 LOT 43 BLK 12
Tax Lot
43
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
Community Features
Deed Restrictions
M L S Area Major
34452 - Inverness
Subdivision Name
INVERNESS VILLAGE UNIT 03
Schools
Ratings
Elementary
Inverness Primary School
Middle
Inverness Middle School
High
Lecanto High School
Listing provided courtesy of STELLAR via IDX. Updated: Jun 9, 2026, 6:08am.
Walter Penachio

Listing Agent

PALM LIFE REALTY

Call Agent