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$11,000
Sold on 11/17/23
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$77 |
|
On the market:
64 days
|
View full details, 15 photos, school info, and price history
Nestled in the tranquil Chase Ct, Mount Dora, FL 32757, is a beautiful 0.11-acre plot of land that presents a remarkable investment opportunity.
Why Invest in Florida?
Growth Potential: Florida is one of the fastest-growing states in the U.S., with a steady influx of new residents each year. This consistent growth can lead to increased demand for both residential and commercial land, potentially driving up property values over time.
Favorable Climate: Florida's warm, sunny climate attracts millions of tourists each year, and many choose to retire there. The demand for vacation properties and retirement homes can make land investment particularly lucrative.
No State Income Tax: Florida is one of the few states with no income tax, which can make the returns on your investment more profitable when compared to states that tax income.
Real Estate Friendly State: Florida is generally considered a real estate friendly state with procedures that are relatively straightforward, making the process of buying and selling land less complicated compared to some other states.
This property is ripe for development, with neighboring lots selling for $23,000 and up, but you can claim this one for only $16,995 cash price! Want a financing option? Get this land for just $3,799 down and choose from three flexible payment plans:
$455.31 per month for 48 months
$391.33 per month for 60 months
$349.26 per month for 72 months
Listing courtesy of Lorraine Castro, UPTOWN REALTY GROUP