2380 Shepherd Avenue

Rare opportunity to own 6.25 acres in the rapidly growing Narcoossee Corridor of St. Cloud. This property has access from 2 roads Shepherd ave, and Carson street (via county easement). This lot includes a 3 bedroom, 2 bath manufactured home built in 1984, that has been kept in great shape, ideal for rental income or use during construction of a custom home, save on impact fees and know all your utilities are on site. 400 ft deep well. There is also a metal barn, sold AS-IS and with land only value. Currently zoned AC in the Eastern portion on the land and R-2 on the West 2 acre lot, the property holds a Future Land Use designation of Low Density Residential, and the county has suggested rezoning to Urban Fringe. Located just minutes from Lake Nona’s Medical City/Laureate Park and surrounded by new growth, very little large private lots lefts. 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 value (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) 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. Why buy a 0 lot property in Lake Nona when you can have your own private oasis in the middle of the city?. This lot offers a strong foundation for long-term investment. Since financing land is a little more difficult, owner financing is available.