Invest Key West Lower Keys FL Real Estate Vacant Land and Lots

Invest Key West Lower Keys FL Real Estate Vacant Land and Lots

Are you shopping on a real estate budget? Are you a bargain real estate hunter? Are you a real estate investor?  There is a company that will put up a 1,056 square foot finished modular home for $100,000.  If you can find the right lot at the right price you might have your dream Florida Keys property at your dream investment price.

It's almost impossible to find a new home in the $225,000 to $250,000 range in Key West FL and the lower Florida Keys.   There are 2 vacant lots available for $15,000 each.

Lot financing is available.  Call Sophia Kinsey at BB&T bank at 1 800 BANK BBT if you need lot financing on any vacant lot in Florida, the Florida Keys and Key West FL. Sophia is known at the 'Lot Queen' and you'll probably make her laugh if you mention her nickname.  Sophia is smart, beautiful, and a professional.  She is a JOY to work with.  Once you talk to Sophia I'm sure you will love her as much as I do.

Figure in the cost of clearing your lot and minimal landscaping, a p rock driveway, a concrete pad and permits and the total cost may be in the $145,000 range.   The cost will be less if you know how to do more or shop smart.  It could cost more if you hand the project over to someone to manage, are a hands off investor or shop less carefully.  One company might charge $10,000 or $15,000 to clear a lot.  You might find a licensed and insured contractor with equipment to clear a lot for $100 or $200 per hour which might come out to $3,500 to $5,000.  If you know how to pick out plants and arrange them it would cost less than hiring a landscape company.

For a person who knows how to do work on their own another option would be buying an unfinished 3 or 4 bedroom 1,400 square foot modular directly from the manufacture and finishing it.  Finishing it would mean adding a roof, siding, stairs, flooring, the kitchen and the bathrooms.

A new 1,400 square foot 3 bedroom home on a non waterfront lot outside of Key West seems to be selling in the $300,000 to $309,000 range depending upon the neighborhood, finishes and landscaping.   If the home is new, on a small lot, is not in a nice neighborhood or has a poor view it would likely sell in the $268,000 to $275,000 range.   If the lot is larger, in a nicer neighborhood, has beautiful views and beautiful homes around a new home would sell for more.

A new modular in Key West or on a water front lot would sell in the $400,000 range (more for a nicer neighborhood, a better or larger lot, nicer finishes or better water access).

Are you interested?  Call Maya Thomas at 305 522 1398 today to learn about real estate opportunities in the lower Florida Keys, Key West FL and real estate between Key West (mile marker 0) and Big Pine Key (mile marker 33).  Work with a local expert, not a real estate agent who lives 50, 80, 150 or 250 miles from the real estate that you want to buy. For more information about Maya Thomas visit http:www.ShowcasePortfolioProperties.com.