Florida is home to millions of acres of agricultural land alongside vacant, undeveloped acreage that can be sold for real estate development or recreational purposes like hunting or fishing. Whether you own land that’s been in your family for generations or have acquired property as a result of a divorce, selling unwanted land can be an excellent way to make some extra cash and free yourself up from an unwieldy investment. However, navigating the process of selling vacant Florida land requires distinct strategies geared towards optimizing the sales transaction and securing top dollar.
One of the key pieces of information your prospective buyer will need for your Florida land sale is the Parcel Number, a unique identifier assigned to every parcel in the state. You can find the Parcel Number for your property by visiting your county’s government website and navigating to its Parcel Search page. Each county in Florida allows the general public to search its Parcel Numbers online for free.
A thorough and accurate survey of your land will provide an important foundation for your property’s sale, helping buyers understand its boundaries and allowing them to visualize the potential uses for their purchase. Conducting a survey can be done by a licensed surveyor, and it typically costs between $300 to $500 for a typical property. It’s also a good idea to consider having your property surveyed before listing it for sale, as a comprehensive survey may help speed up the closing process and reduce delays related to title issues.
As with any property sale, it’s important to establish a clear and concise contract with your buyer. The purchase and sale agreement will spell out all the terms of your deal, including the price, closing date, and any contingencies that you might want to include. A knowledgeable and experienced real estate attorney can assist you in crafting a strong purchase and sale agreement for your Florida land sale.
Another factor to consider when selling your Sell raw land in FL is addressing any mineral rights associated with it. It’s often a benefit to be transparent with your buyers about existing leases and oil/gas royalties, as they can be an attractive feature for prospective buyers. Conducting research on the current market for various minerals can aid in setting a realistic asking price.
Depending on your circumstances, you can sell Florida land for fast cash by avoiding the traditional real estate process and working directly with a local cash buyer. These companies specialize in buying land and can offer you a quick and easy solution for your unwanted property. They can provide you with a fair, all-cash offer and close on your sale in as little as 30 days. To learn more about the benefits of selling Florida land to a local cash buyer, click here.