Investor - Smart Buyer Alert ...CLOSE to town West of Wilson at Vanderbilt Beach Rd extension. WOW! Timing is everything: 2.5 Acres priced below recent neighbors' lot $300k +- sales...Patience may save you a bit of your hard-earned cash. Price today at $ 179k for 2.5 acres for future development, requires investment of +-+50k for .30 mitigation credits to build equals only $ 229k & your investment may earn your $50,000 in equity on your land value. How & Why?? Other lots sold for $262k-$300k ...If you buy 481 14th Ave NW for $179k and add the $50k investment for mitigation credits, you will have invested only about $229k, while others are paying $300k+. You win because the senior seller lacks the time or energy to complete the six-month to year-long process required to win in the long run. PS: There is an opportunity to purchase multiple lots on the same street 2.5, 2.27, 5 & even 15 acres joined together. Perfect for your family to live close by, invest together or for an active builder project. Possible seller financing.
Courtesy of Downing Frye Realty Inc..
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.