Tag: vacant land

Vacant Land

September 6th, 2023

There are quite a few cheap vacant land properties in central florida.

The cheapest properties are on non paved roads in flood zones. Many of these are not buildable. In fact there are over 3000 properties below $20k, most of them are substandard.

Many of these properties are virtually worthless in terms of utility.

A buyer that is looking to buy a lot of land, without concern for usage, could buy a lot of acreage. There are over 100 properties 1 acre or more for under $10,000.

For me, vacant land and all properties need to have 2 criteria (unless we are talking waterfront, which is a whole other topic).

Paved Roads and non flood zones.

For a buyer, looking to use the land to put a home on, of course it depends on the size of the property, the area, and the price.

1 acre properties are in high demand. In many counties, agriculture zoning of 1 acre or more allows animals, horse properties are a big deal and command a premium.

There are around 400 properties 1 acre or more for $100k or less. (paved and non flood zones).

For years we saw good 1 acre properties available for $50k and less. Around 3 years ago, the desirable 1 acres properties began to sell for around $75k. Today I am seeing desirable 1 acres properties selling for over $100k.

For buyers looking to shop, I recommend getting on a zoom call with me to get a market overview, to narrow down criteria, and to create a list of properties that meet the buyers needs.

Randy 727-409-4663 (409-home).

Randal Jenkins

Rocket Mortgage NMLS #205-3417

Florida Real Estate Partners

4823 Ebbtide Lane 206

Port Richey Fl 34668

727-409-4663
Cheap Vacant Land

April 26th, 2023

When searching for vacant land, inexpensive vacant land, you are going to find all the cheapies.

There is good reason why these properties are so cheap. And there are better reasons you do not want to get involved.

Flood zones, dirt roads, swamp, and paving liens, to start with.

Dirt roads will likely become paved roads in the future…. maybe. If you own property on a dirt road and they pave it, you will be responsible for your portion of the paving. This is one reason why property on paved roads is more expensive. They paid for the road.

Flood zones. Run away. Flood insurance prices is going to go through the roof. Resale of properties in flood zone is going to be very difficult in the future. Prices of flood zone properties will be impacted. If flood insurance was $200- $300 a month and it goes to $500 a month. How much will the property value go down? Who knows, but what if dozens of your neighbors also realize they can’t afford the premium and all put their properties on the market. The excess supply will drive prices down.

Swamp? Enough said.

If you call me to talk vacant land, I will stress paved roads and non-flood zones.

Unfortunately, none of those properties will be on the list of cheapies.

If you would like to receive timely emails of properties in your criteria reach out to me.

Randy 727-409-4663

Tag: vacant land

Vacant Land

Cheap Vacant Land