Special offer

Hey, Wanna buy some Florida Swamp Land? Many recent buyers did!

By
Real Estate Appraiser with Kathleen Bryce, Inc.

It's been a long time since I've heard the jokes about people being sold Florida Swamp land.  But it sure was a popular theme not so many years ago...  Even Dinsney World was once know as a swamp.

Well I had a very interesting Date of Death Appraisasal that I completed for an estate.  The date of death was 3rd quarter of 2006.    This lot was located in the Middle of Fakahatchee Strand State Preserve.  If you  are not familiar with it Fakahatchee Strand was the setting for Susan Orlean's book "The Orchid Theif" and the movie based on it "Adaptation".  WE ARE TALKING SWAMP LAND FOLKS.

http://www.floridastateparks.org/fakahatcheestrand/  

http://www.friendsoffakahatchee.org/

Would you beleive that I had no trouble finding sales for this report, lots of sales many were flipped several times.  One party buying 4-5 of these lots!  The problem is they can't be used for anything.  You may camp on them but you may not Build any permenent structures, nor may you hunt in the strand.  Further, you need a permit from the state to hike there.

The inset in this picture shows the individual lots.  The white marks are 2006 sales.

Fakahatchee Lands

This goes to show just how crazy the Real Estate Bubble got.  And that people still buy Florida Swamp land

Kat Bryce
http://www.leecountyappraisals.com

Rebecca Schrader
Competitive Insurance of Dundee - Dundee, FL

Kathleen,

These scams became wide spread and now known as a common figure of speech...they are decades old, but still recurring real estate scams...people were often gullible of falling for them and paying large amounts of money for a worthless item: SWAMPLAND!

HOWEVER....LET'S NOT FORGET THE MOST FAMOUS SWAMPLAND OF ALL...WALT DISNEY WORLD RESORT!!!!

Sep 22, 2008 02:51 AM
Jacinta da Silva
Atlanta Communities - Marietta, GA

that is too funny... but i guess land is land

Sep 22, 2008 02:55 AM
Kathleen "Kat" Bryce
Kathleen Bryce, Inc. - Fort Myers, FL

He he...  I didn't even finish this post... 

Track back to see the final result.

Sep 22, 2008 02:59 AM