Price $40k (obo) - contact us today.
Overview of the Property:
This vacant land parcel on Neighborly Ct in North Port, FL, is a cleared 4,791.6 sq. ft. lot (0.11acres) situated in the highly desirable Holiday Park community. This 55+ community offers an array of amenities and is known for its vibrant social scene. The property provides an excellent opportunity for real estate investors or buyers looking to build their dream home in a growing area.
Key Amenities and Features:
Holiday Park offers residents access to numerous amenities that enhance quality of life:
Recreational Facilities: Two heated pools, tennis courts, pickleball courts, bocce ball, shuffleboard, and a clubhouse.
Convenience: On-site laundry facilities and a library.
Social Opportunities: A pet-friendly environment with frequent community events.
Proximity to Essentials: Close to shopping centers, restaurants, healthcare facilities, entertainment options, and stunning area beaches.
Why North Port is a Prime Investment Location
North Port is one of Florida's fastest-growing cities and offers several compelling reasons for investment:
Rapid Population Growth: With an annual growth rate of 2.66%, North Port ranks as the second-fastest-growing city in the U.S., driving housing demand.
Affordable Real Estate Market: Average home values are lower than the state average, attracting both buyers and renters.
Strong Rental Demand: The influx of retirees, families, and professionals ensures a steady pool of tenants for rental properties.
Long-Term Value Appreciation: Property values in North Port have risen by over 80% since 2018, demonstrating consistent market growth.
Strategic Location: Positioned between Sarasota and Fort Myers, North Port offers easy access to Gulf Coast beaches and major urban centers.
Advantages of Investing in Vacant Land
Investing in vacant land offers unique benefits:
Low Maintenance Costs: Unlike properties with structures, vacant land requires minimal upkeep.
Flexibility for Development or Resale: Buyers can build custom homes or flip the land for profit after minor improvements such as clearing or fencing.
Path of Development Potential: As North Port continues to grow, vacant land parcels like this one may experience significant appreciation due to increased demand.
Conclusion
This vacant land parcel on Neighborly Ct represents an excellent opportunity for buyers seeking affordability and growth potential in a thriving market. Its location within the Holiday Park community ensures access to premium amenities while benefiting from North Port's rapid expansion and rising property values. Whether you're looking to develop or hold for long-term appreciation, this property is positioned to deliver strong returns.
Looking for serious Cash Buyers - please contact us asap.
Our company currently holds an equitable interest in this property and are looking to sell at a lower price prior to listing with our Agent.
**All information believed to be correct at time of posting - please make sure to complete your own due diligence**