2612 Shephard St

189,910 / 4.36
Lot Size / Acres

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...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
  1. Listed by Walter Penachio • Brokerage DRE #1021868 • PALM LIFE REALTY
    P: (727)-688-4040 C: (727)-688-4040 walter@palmliferealty.com

Property Details for 2612 Shephard Street

Subdivision Name
INVERNESS VILLAGE UNIT 03
Township
19S
Waterfront
No
LISTING UPDATED: 06/09/2026 03:33 AM

Property Details for 2612 Shephard Street

StatusActive
MLS #TB8516928
Days on Market27
Taxes$138 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size4.36 AC
CountyCitrus County

Location

Listing Courtesy of PALM LIFE REALTY, Walter Penachio
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Building Information for 2612 Shephard Street

Lot Size4.36 AC

Payment Calculator

$1,143 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,131

Property Taxes

$12

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2612 Shephard Street

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Community Features: Deed Restrictions
  • Direction Faces: South
  • Directions: Vacant land - Go to site - Dirt road - Don't get stuck - Drive down at your own risk
  • Elementary School: Inverness Primary School
  • Middle Or Junior School: Inverness Middle School
  • High School: Lecanto High School
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: Street Unpaved
  • Street Number: 2612
  • Street Name: SHEPHARD
  • Street Suffix: STREET
  • State: FL
  • City: INVERNESS
Parking
  • Available For Lease: No
Taxes and HOA Information
  • Association: No
  • 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
Property
Lot Information
  • Additional Parcels Description: 19E19S130030001200450 thru 19E19S130030001200310,19E19S130030001200290 thru 19E19S130030001200270
  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Features: Buildable, City Lot, Level, Other, Oversized Lot
  • Lot Size Dimensions: 225 x 135 & 1050 x 510
  • Parcel Number: 19E19S130030001200430
  • Total Acreage: 2 to less than 5
  • Water Access: No
  • Water Extras: No
  • Zoning: LD
  • Lot Dimensions: 225 x 135 & 1050 x 510
Property and Assessments
  • Flood Zone Code: x
  • Number Of Lots: 18
  • Public Survey Range: 19E
  • Public Survey Section: 13
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electrical Nearby, Public, Sewer Nearby, Telephone Nearby, Water Nearby
  • Water Source: Public, See Remarks
Interior and Exterior Features
Exterior Features
  • Pool: None
  • Pool Private: No
  • Vegetation: Trees
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No

Property History for 2612 Shephard Street

DateEvent & SourcePriceAppreciation
Jun 8, 2026

Listed (Active)

MFRMLS #TB8516928

$227,000
DateEvent & SourcePrice
06/08/2026

Listed (Active)

MFRMLS #TB8516928

$227,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2612 Shephard Street

Taxable ValueLand$7,800Additions-Total$7,800
Tax Record2025$138 ($12 / month)
Home Facts
Beds0Lot Size10,125 SqFtStyleResidentialZoningLD LOW DENSITCountyCITRUSAPN19E-19S-13-0030-00120-043.0

Schools near 2612 Shephard Street

This home is within Citrus.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Pleasant Grove Elementary School
PublicPK to 5

Inverness Middle School
Public6 to 8

Citrus High School
Public9 to 12

Withlacoochee Technical Institute
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2612 Shephard Street is a 4.36 ac of land for sale in Inverness, FL 34452. This property was listed for sale on June 8, 2026 by PALM LIFE REALTY, it's currently listed at $227,000. This listing's school district is Citrus. Nearby schools include Pleasant Grove Elementary School, Inverness Middle School and Citrus High School. 2612 Shephard Street is a 0-bed, 0-bath, 4.36 ac of land on a 189,910 sq. ft. / 4.36 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PALM LIFE REALTY, Walter Penachio

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 06/09/2026 03:33 AM