2380 Shepherd Ave - Residential LAND FOR SALE


Saint Cloud, FL 34771 272,381 SF
$530,000 USD
407-489-9324
2380 Shepherd Ave, Saint Cloud, FL for Sale
$530,000 USD
Residential LAND - FOR SALE
1/6
272,381 SF

2380 Shepherd Ave
Saint Cloud, FL 34771


HIGHLIGHTS

  • luxury home proximity
  • Large lot with recreational lands
  • Privacy

OVERVIEW

DISCOUNT ENTRY Investment / Development Opportunity 6.33 Acres in a Million-Dollar Estate NARCOSSEE Corridor St. Cloud, FL Located in one of St. Cloud’s emerging luxury corridors just outside of Orlando, 10 mins from Lake Nona, 6 mins to Sunbridge, this 6.33-acre parcel presents a rare opportunity for developers, builders, and strategic investors seeking value land with significant upside potential. The property features approximately ±1 acre of upland (buildable area), with the remaining acreage consisting of natural wetlands—ideal for recreational use, conservation, or future mitigation to expand usable land. For the right buyer, this creates a clear path to unlock additional value through entitlement strategy and site planning. Existing Improvements = Immediate Cost Advantage: Existing structure on site (potential impact fee credit / redevelopment benefit) 400-ft deep well already installed Utilities connected Usable 3 bedroom, 2 bathrooms structure onsite (no value given) These features may significantly reduce impact fees, infrastructure costs, and build timelines, making this an ideal private custom home site or phased development play Proven Value & Strong Comparable Sales: Recent nearby sales highlight the upside once land is optimized or developed: 5050 Moore Street – Sold for $1,400,000 Sold as vacant land to developer (2024) Underwood Ave (mitigated wetlands) – Sold for $1,675,000 (2025) 5237 Moore Street – Sold as vacant land value for $1,185,000 (Nov 2025) 5200 Carson St, St. Cloud – Previously part of this subject parent parcel 2 acres (approx. half uplands / half wetlands) 3,700 sq ft custom home Sold for $1,212,000 (June 2025) (This directly supports the feasibility of developing a high-value custom estate even with partial wetlands) Location & Luxury Positioning: Situated in a million-dollar-plus homesite area Backs to and has walking access via county easement from Carson street to a luxury subdivision with current listings ranging approximately $1.9M to $3.4M Strong demand for large estate lots and custom homes in this immediate area due to proximity with Lake Nona and Sunbridge and there being few options for luxury states on large private lots. Investment Thesis: Priced at $530,000 to reflect current usable acreage Significant upside through: Wetland mitigation / reconfiguration Custom luxury home development Long-term land banking in a high-growth corridor Clear comp support showing $1.1M–$1.6M+ stabilized values, with adjacent luxury pushing even higher Bottom line: This is a strategically discounted acreage opportunity with existing infrastructure, proven million dollar comps, and direct adjacency to luxury development, ideal for a builder or investor looking to create value in a rapidly appreciating market. Or someone who just wants to be in a very private setting in the city but feeling like they are in their own private oasis.

FOR SALE DETAILS

PRICE

$530,000 USD

PRICE/ACRE

$84,759/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Shepherd Ave

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Single Family Residence

LAND ACRES

6.25 AC

LAND SF

272,381 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Cable, Telephone

ZONING

OAR2

APN/PARCEL ID

17-25-31-4260-0102-0010

ASK ABOUT THIS PROPERTY

Sandra MadrigalI Homes Real EstateMore Info
407-489-9324

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Sandra MadrigalI Homes Real EstateMore Info
407-489-9324

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.