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Promoted item:OCEANFRONT ACREAGE - SPANISH SHIP BAY

OCEANFRONT ACREAGE - SPANISH SHIP BAY

    • 25 watching
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  • 8h 56m
  • Item location
  • Canada
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  • US $165,000.00
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  • Quantity 1Available
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1d 10h 31m left
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PRICED TO SELL! Financing available!
7d 12h 34m left
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This is a CASH SALE! Not for Payments!
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INCLUDES 200AMP ELECTRIC SERVICE ALL BATHROOM FIXTURES
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Undeveloped Subdivision Lot, River Ranch Acres, Florida
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$400.00
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26d 22h 56m left
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About Acreage

There are a number of reasons why an individual might want to purchase acreage, such as investment, farming, or development. Farm land can actually be a sound financial investment in itself. Organic farming has become one of the most popular uses for land in the past couple of decades. Statistics have shown that over half of the American population buys some type of organic food monthly. Using acreage to open an organic farm can be both lucrative and rewarding. Another great investment opportunity is to purchase acreage and build apartment buildings. In many locations, 30 percent or more of the population lives in apartment buildings or rental properties. Acreage can turn into a valuable investment opportunity if the housing market is properly tapped. Investors in acreage are also building housing in areas surrounding growing cities. The demand for open space is a driving force behind the exponential growth of real estate in suburban areas. However, before purchasing acreage for a housing development, the local economy should be carefully considered. Determining if industry is moving in or out of the area--or if the population has steadily increased in recent years--can be a good way to predict the potential for home sales.Whether you are interested in developing apartments or single-family homes, make sure to consider the local zoning restrictions. Every city has its own unique housing codes. Access to public utilities is a major consideration when developing any type of acreage for habitation. Even if you intend to use the acreage for farming, finding the sources of utilities is crucial to successful development.