Listing Information
- Sale Price: $35,625.00
- Acres: 0.23
- Parcel ID: 35-43-23-C1-02731.0220
- Annual Taxes: $350.71
Listing Details
Lot Status: Vacant Developed Lot (VDL)
VDL Definition: A Vacant Developed Lot is in a development with existing homes, roads and accessible Utilities*. Raw Land has none of these features.
LEE COUNTY KEY METRICS
• Annual Housing Permits**: 30.7% Year Over Year Increase
• Unemployment: 5.2% (10 year average 7.7%)
• Housing Peak Price Comparison: 2007 Median $279,000 :: 2015 YTD $380,486
FLORIDA KEY METRICS
• Job Growth: Florida is #2 in the nation with 285,000 new jobs reported. (1)
• New Housing Permits Ratio: Florida is 8th in the nation with 85,147 new homes started.(3)
• Migration: Florida is #2 in the nation just behind Texas. 412,392 new residents moved to Florida in 2014.(2)
• Population Growth Trend: 2000C 15,982,378 :: 2015Est 19,897,507 :: 2019Est 21,068,301.
AREA LIFESTYLE
Lee County is the most populous county in Southwest Florida, and with good reason. Beauty, recreation, and business all abound, and the county has a variety of thriving communities.
Cape Coral City: One of Southwest Florida’s best kept secrets, Cape Coral is the largest city in Lee County and Florida’s second largest city in land mass at 114 square miles. Cape Coral’s history is built around the development of some 400 miles of canals (more than in Venice) offering abundant and waterfront living for residents. An active community, Cape Coral has something for everyone including: golf, tennis, fishing, community parks and even Sun Splash Family Water Park. Reasonable labor costs, available land, a qualified workforce and unsurpassed quality of life, will continue to fuel Cape Coral’s residential & commercial growth in the coming years.
*Utilities will vary depending on what the local area standard is. In some area City Water and Sewer is the standard. Other areas will have Well/Septic as the accepted means of supplying basic utility needs. Typically, holding costs on Vacant Developed Lots will be lower on Well/Septic lots. This is generally more suited to the Land Banking Investment Strategy.
Electrical Power is accessible on all lots inventoried on this site.
** New Home Starts (Annual Housing Permits) in layman’s terms, means people are buying more vacant lots. As inventory gets absorbed, prices tend to rise in that market. As employment improves more people can afford to buy a house.