Florida Vacant Residential Building Lot Opportunities

The slow real estate market that we are currently experiencing is presenting some excellent opportunities to invest in vacant residential building lots in Florida. Real estate investment groups are beginning to seriously look at opportunities to purchase blocks of lots in good locations in Citrus, Marion, Hernando and other surrounding central Florida counties because lot prices have fallen down to a point close to where they were before the recent real estate “boom”. For instance, one investment group bought a block of lots in north Citrus County for under $10,000 per lot, prepared a video presentation, took them to an auctioneer up north who sold them for between $30,000 and $35,000 per lot.

We currently have lots available in the following locations at very reasonable prices. These lots are all platted and on paved streets in established communities.

Citrus County

    Citrus Springs:
  • 100 lots available at $8,600. per lot
  • 70 lots available at $10,500. per lot
  • 50 lots available at $9,000. per lot

All Citrus Springs lots are platted and located on paved streets. The typical lot is approximately 80 ft. by 120 ft. in size. During the real estate “boom” lots in Citrus Springs were selling for between $30,000 & $40,000.

  • Beverly Hills:116 lots available at $32,000. per lot

These lots are located in a new platted subdivision with the infrastructure in place. (paved streets and water/sewer) The average size lot is approximately one quarter acre.

Hernando County

  • Spring Hill: 100 lots available at $17,500. per lot

All Spring Hill lots are platted and located on paved streets. The typical lot is approximately 80 ft. by 120 ft. in size. During the real estate “boom” lots in Spring Hill were selling for between $50,000 and $60,000.

Marion County

  • Silver Springs Shores: 90 lots available at $9,900 per lot

All Silver Springs Shores lots are platted and located on paved streets. The typical lot is 80 ft. by 120 ft. in size. During the real estate “boom” lots in Spring Hill were selling for between $40,000 and $50,000.

  • West Ocala area: 165 lots available at $45,000 per lot

This is a new gated platted subdivision located in a high growth area south of Route 200 in Marion County. All the infrastructure is in place. (paved streets, water/sewer) Typical lot size is approximately one quarter acre.

There are a lot of opportunities available to purchase vacant platted lots in established communities and new subdivisions throughout Citrus, Marion and Hernando Counties. There are also some very good opportunities to purchase large tracts of raw land that are zoned for residential and commercial development.