Active

$227,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRTB8516928
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
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
Financial Considerations
Price:
$227,000
HOA Fee:
N/A
Tax Amount:
$138.23
Price per SqFt:
$1.2
Tax Legal Description:
INVERNESS VLG PB 6 PG 26 LOT 43 BLK 12
Exterior Features
Lot Size:
189910
Lot Features:
Buildable, City Limits, Level, Other, Oversized Lot, Unpaved
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    2612 SHEPHARD ST
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

img
  • Featured
  • Active

2911 SW 24TH AVE

  • 0
  • 0 m²
avt
Daniel Dourado
$ 499,000
img
  • Featured
  • Active

401 NW 170TH ST

  • 0
  • 0 m²
avt
Daniel Dourado
$ 1,315,000
avt
Daniel Dourado
$ 350,000
img
  • Featured
  • Active

1926 LAKE DISSTON DR

  • 0
  • 0 m²
avt
Daniel Dourado
$ 249,000
avt
Daniel Dourado
$ 499,900
img
  • Featured
  • Active

4018 EAGLE NEST DR

  • 0
  • 0 m²
avt
Daniel Dourado
$ 249,900
avt
Daniel Dourado
$ 1,995,000
avt
Daniel Dourado
$ 3,999,900
img
  • Featured
  • Active

S APOPKA VINELAND RD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 643,500
img
  • Featured
  • Active

S APOPKA VINELAND RD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 1,287,000
avt
Daniel Dourado
$ 1,950,000
img
  • Featured
  • Active

5028 W LEONA ST

  • 0
  • 0 m²
avt
Daniel Dourado
$ 6,495,000