LOT SIZE 4.360 acres
MLS#TB8516928
STATUSActive
PROPERTY TYPELand - Residential
SUBDIVISIONINVERNESS VILLAGE
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 Features
Property Type: Land - Residential
Lot Size: 4.36 Acres
Taxes: $138
Feature Descriptions
Community Features: Deed Restrictions
Directions: Vacant land - Go to site - Dirt road - Don't get stuck - Drive down at your own risk
Flood Zone Code: x
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Owner Financing, Private Financing Available
Lot: Buildable, City Limits, Level, Other, Oversized Lot, Unpaved
Lot Dimensions: 4.36
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: Call Listing Agent, Go Direct, Other, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: Cable Available, Electrical Nearby, Public, Sewer Nearby, Telephone Nearby, Water Nearby
Vegetation: Wooded
Water: Public, See Remarks
Water Access Y/N: No
Zoning: LD
Local Schools
High School: Lecanto High School
Middle School: Inverness Middle School
Elementary School: Inverness Primary School
Listed By / Shown By
Listed By
Agency Name: PALM LIFE REALTY
Agency Contact: 888-877-4040
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 582.91 per month $505.20 Principal & Interest $11.50 Property Tax $66.21 Homeowner's InsuranceChange Payment Information
2612 Shephard Street | MLS# TB8516928
This land located at 2612 Shephard Street , Inverness, FL 34452 is currently listed for sale with an asking price of $227,000. The property has approximately 4.36 Acres. Search Inverness real estate on www.realtymarkllc.com today.