Why Should You Buy Raw Land In Florida?

In the last decade, the idea of buying raw, undeveloped land has become increasingly more popular — and for good reason. While raw land was once viewed as a long-term investment for a person who intends to build on the land, undeveloped land is now viewed as a valuable investment — even if you personally do not have plans of developing it yourself. 

Raw land, by definition, is a plot of land that has not been developed or prepared for construction. In short, the land is almost completely untouched. While purchasing raw real estate might seem like more of a burden than anything else, it can be an incredibly lucrative investment if you have done your research. 

In Florida, undeveloped real estate is a hot commodity. That said, some properties are more desirable than others due to their location, composition, and zoning. If you are planning to purchase undeveloped land in Florida, there are a few ways that you can go about managing your investment:

Subdivide The Land for Sales

One of the first ways that you can make money off of your raw land investment is to subdivide the property for land sales. Subdivided land can be more valuable than one large property due to the marketability of the properties and the opportunities that land subdivision creates for developers. 

Develop It

Another way that you can make money off of your land investment in Florida is to develop the land yourself. As cities and municipalities expand, the land surrounding them becomes more valuable — and whoever owns the land is poised to make a large return on their investment by developing residential properties or commercial properties. 

Buy It & Hold It

While buying undeveloped land with the intent to not develop it might seem odd, there is a way that you can make money on your investment without building. Because of inflation, undeveloped properties in desirable locations will almost certainly increase in value as time progresses. That said, if you are considering buying and holding undeveloped land in Florida, it is important to know that it will be a long-term investment. 

Lease It

The last way to make money off of your raw land investment is to lease the land to a business on a monthly or annual basis. A land lease allows individuals or businesses to rent your undeveloped land rather than purchasing it — benefitting you as the landowner and them as the renter. 

Looking for Raw Land In Florida?

If you are looking for undeveloped real estate listings in  Florida, we urge you to check out our listings, here at AGT Properties. Offering undeveloped land listings in Jackson County, Lee County, Levy County, Marion County, and St. Johns County, our team is here to connect you with valuable investment properties. If you are interested in learning more about investing in raw, undeveloped real estate, we urge you to get in touch with a member of our team today.