Gratia Group Featured Lot Package of The Week: Port Charlotte Clean Slate

TeaStreetPortCharlotteFL

This week Gratia Group is excited to announce a newly listed Featured Lot Package of the Week, a great deal in Port Charlotte, Fl.  Located at 2102 Tea Street, Port Charlotte, FL 33948 this undeveloped Port Charlotte land for sale is a perfect find for an investor wanting to build their real estate portfolio.  Listed at only $34,000 this lot is sure to sell fast.

The zone on the Gulf of Mexico from Venice to Port Charlotte is world famous for its fishing, beaches and beautiful climate.  Now it is also one of the best places in the US to find profitable land and waterfront property investment opportunities.  The real estate market meltdown is over and land prices have started to rise quickly after reaching bargain levels across the board, usually down 60% to 90% since August 2005.  Home prices are moving up and home inventories very low, at seller’s market levels.  The Port Charlotte land market has also seen a great upswing.

To learn more about the Gratia Group Featured Lot Package of the Week contact an expert member of the Gratia Group sales team at (239) 333-2221.

Gratia Group Featured Lot Package of the Week: A Great Find in NW Cape Coral

OldBurntstore

It’s a big week for investors as we feature a great lot the highly desirable Northwest Cape Coral, Burntstore area as the Gratia Group Featured Lot Package of the Week.  This Cape Coral land for sale is located at 1255 Old Burnt Store Road Cape Coral, FL 33993 and is situated on a canal with highly sought after Gulf access.

This lot isn’t only located in one of the most up and coming areas in the “Cape”, but also feature gulf access, a rarity in this area.  Lots are selling quickly in the NW Cape and listed at $60,000 this lot is sure to close fast!  Investors have found great success in purchasing property in Cape Coral, particularly the northern section of the largest city in Southwest Florida.  A hot spot for boaters, golfers, fishing enthusiasts and those that love the natural beauty of South Florida, Cape Coral is home to a large population of foreign investors.  Don’t miss out on owning a piece of paradise!  Contact Gratia Group today to find out about this ROI producing Cape Coral lot or others in our land catalog by calling a member of the expert land team at (239) 333-2221.

Foreclosures Decline in Southwest Florida

LeeCollierFlorida

Foreclosure rates have continued to trend downward in Southwest Florida, but they remain among the highest in the U.S., a new report indicates making it a great time for buying Florida land at low prices.  The rate of foreclosures among all outstanding mortgages in Lee fell to 4.31 percent in June, from 7.65 percent a year earlier, per data provider CoreLogic’s recent report.  The foreclosure rate in Charlotte County, dropped to 5.17 percent, from 7.95 percent.

Despite the declines, Lee posted the 16th-highest foreclosure rate in the U.S., while Charlotte came in at 25th among more than 400 metro areas measured.  Florida land sale and exisiting home foreclosure rates were 5 percent in June, but that was down from 8.52 percent a year earlier. The state has dominated foreclosure rolls for much of the past five years.  At the same time, the U.S. rate declined to 1.70 percent, from 2.50 percent over the year.

Foreclosure rates throughout the region have fallen for much of the past year, as the real estate market has recovered and more homeowners have held on to their properties.  The foreclosure rate in Charlotte peaked at 12.23 percent in June 2011, according to CoreLogic.  Lee hit a high of 11.93 percent in February 2010.

The region’s mortgage delinquency rate, which measures mortgage loans that are at least 90 days past due and that could be headed to foreclosure, also has continued to improve.  In Charlotte, 7.61 percent of all mortgage loans were at least 90 days late in June, down from 11.39 percent in the same period in 2013.  In Lee, the delinquency rate fell to 8.74 percent, from 12.28 percent.  Statewide, 9.35 percent of mortgages were at least 90 days delinquent, off from 13.13 percent at the same time last year.  The U.S. rate was just 4.38 percent, a decline from 5.57 percent over the year.

To learn more about the SWFL real estate scene contact a member of The Gratia Group at (239) 333-2221.

Featured Property of the Week from Gratia Group: Double Lot with Great View in SW Cape Coral

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Gratia Group is happy to release a new Featured Property of the Week, a double lot with great views in SW Cape Coral.  This Cape Coral land for sale located at 4601 SW 26th Place Cape Coral, FL 33914 is in one of the most popular areas of the Cape for investment purchases.  Located on a highly desirable Gulf Access canal and a corner lot, this parcel is priced great for the area at $259,000 and will sell fast!

Southwest Cape Coral is one of the most up and coming areas of Cape Coral and land and lots for sale in this area sell fast as development in the region is on the rise.  The SW Cape is home to make parks, schools and shopping making it a very hot area for families and couples.  Located just a short drive from the nightlife of downtown Cape Coral and Fort Myers, the area is quite a convenient choice when purchasing Cape Coral lots.

To learn more about the Gratia Group Feature Property of the Week contact a member of the Gratia Group expert land sales team at (239) 222-3331.

 

Determining Land Value

Land Values

The question of value is something that people selling and buying lots and acreage for sale struggle with.  What makes one piece of land more valuable than another?  You must consider this question: is the land a better value because it has more features, or is it a better value because it’s cheaper?  Some additional questions and considerations about property value should be: is this parcel more valuable because it’s closer to a city, or is this other property better because it has a beautiful view?  What if a piece of land has neither of these things, but it is close to land your family already owns?

 

The simplest explanation of the market value of a home site is that it is worth whatever people are willing to pay.  If someone is willing to pay $10,000 for a piece of property, that property is worth $10,000 and it is assumed that all properties around the first parcel are also worth around $10,000.  A few months later, a property several miles away may sell for $5,000.  The parcels between these properties are re-valued at $7,500, between the two prices.  This system of basing land values on nearby, comparable sales is something that real estate agents frequently use to place a value on a piece of land.  But this is really little more than an educated guess.

 

Local governments also involve themselves with property values.  They look at the market value of the property based on the last time it sold or on comparable sales in the area.  They then use that market value to come up with an assessed value.  The assessed value is often a percentage of the full market value.  This assessed value is what the county uses to determine how much they will charge in property taxes on that piece of property.  Sometimes the county looks at the market values every year and adjusts the assessed value accordingly, and sometimes they will only re-evaluate a property when it sells.  The assessed value might lag far behind rapidly changing market values an area.

 

When you are looking to buy a piece of property, it is good to look at all these types of value: market value, assessed value and comparable sales.  They can all be important tools for figuring out what a piece of land is worth. But it is even more important to look at what the land will be worth to you, personally.  Finding a piece of land that you will use and enjoy is much more important than looking at a particular price range.

 

To find the perfect piece of land contact a member of the Gratia Group Land Sales Team at (239) 333-2221.

 

 

 

 

 

Gratia Group’s Feature Land Package of the Week Takes Buyers to Rotonda West

Rotonda West

This week’s Gratia Group Featured Land Package of the week is a beautiful canal lot in the ever popular Rotonda West.  Located at 1123 Rotonda Circle Rotonda West, FL 33947, this lot is priced well for the area at only $35,000.

Rotonda West is a peaceful, planned community situated near the beautiful Gulf of Mexico in Southwest Florida and a great place for buying land in Florida.  It is located between Sarasota and Fort Myers.  The community contains 8,000 home sites with over 5,000 homes completed and is experiencing rapid growth.  Residents are predominantly full-time homeowners and their families, as well as tenants and those who winter in the community.

There are six golf courses operated by Rotonda Golf and Country Club.  Thirty miles of picturesque canals, lakes and ponds wind through the community and offer fishing and boating opportunities for its residents.  Many exotic and beautiful birds call Rotonda West home, as it is a designated Bird Sanctuary.  Nearby recreation facilities, beaches, theaters, sporting events, and fine restaurants are available for all those that buy FL land for sale in this real estate hot spot.

To learn more about the Gratia Group Featured Lot Package of the Week, any of our available Rotonda West Lots or any of our many land parcels available throughout Southwest Florida, contact a member of our Land Sales Team at (239) 333-2221.

The Gratia Group Featured Lot Package of the Week- Freshwater Canal Living in South Cape Coral

1027 SW 15TH PL CAPE CORAL FL 33991Investors or home builders looking for Florida land for sale, will love the Gratia Group Featured Property of the Week, a beautiful lot located in South Cape Coral.  This lot, listed for only $10,900 is situated on a freshwater canal and will meet all your boating, fishing and water sport needs!  Located in the highly desirable Southwest Cape Coral, land is beginning to become scarce, this Featured Lot is sure to sell quickly!   1027 SW 15th Place in Cape Coral will make a perfect addition to any investment portfolio or is a beautiful lot to build your Florida dream home.

Own a piece of tropical paradise when you purchase this lot.  Located just minutes from white sand beaches and the Gulf of Mexico, this parcel epitomizes “Florida Living.”  To learn more about this beautiful Cape Coral lot for sale or other lots available throughout Southwest Florida, contact the region’s land sale expert, Gratia Group at (239) 333-2221.

Gratia Group Featured Lot Package of the Week: Something for Everyone

All investors will find a lot this week with the Gratia Group Featured Lots of the Week, as we offer something for everyone, with two featured lots at separate price points!  These lots do not need to be sold together and appeal to both the deal seeker and those looking for a dream lot.

The first Featured Lot of the Week is our budget friendly choice and is being listed at $12,500.  Located at 1008 NE 34th Terrace in Cape Coral, this dry lot is located in the rural NE Cape.  Enjoy the scenic, natural beauty of the NE Cape, while still being only minutes from major roadways, shopping, schools and parks.

Our second Featured Lot of the Week is a great place to build your dream home!  Located at 601 SW 40th Terrace in Cape Coral, this lot is listed for $59,900 and features highly desirable Gulf access.  SW Cape Coral lots are becoming scarce as the area is close to downtown, beaches and Ft. Myers.  Situated on a canal, this gulf access lot will sell quickly!

To learn more about either of the Gratia Group Featured Lots of the Week, contact an expert member of the Gratia Group Sales Team at (239) 333-2221.

Collier and Lee Counties See Continue Uptrend in Property Values

The property value upswing continues.  Both Lee and Collier counties are reporting expected boosts to property values in almost all areas of the counties, according to numbers released Friday.

And both had increases in nearly every area — cities, unincorporated areas and fire districts — for the first time since the recession. Only one fire district in Collier experienced a decline.

For the second year in a row, Lee County had its property values increase after several recession-era years of decreases.

Across the county, property values for 2014 are estimated to increase 5.48 percent from last year’s final appraisals.

That translates to an increase of about $2.99 billion, from about $54.6 billion in 2013 to $57.6 billion estimated for 2014.

Collier County’s property values increased by 6 percent in 2014, up by $3.7 billion to $64.3 billion from $60.7 billion, according to the Collier Property Appraiser’s Office.

The increase represents the largest annual jump since before the recession and continues an upward trend for the counties.

It’s a very good sign. There are a lot of investors and people coming in and buying, and they’re using their own money, not the banks.

And these numbers could still change for the better. Last year, Naples’ estimated 4 percent turned into a 7 percent final increase, and this year that if numbers change at all, it should be for the positive.

To buy land or real estate in Lee and Collier Counties and take advantage of the great upswing in property values, contact a member of the Gratia Group Team at (239) 333-2221.

 

Two Great NE Cape Lots: The Gratia Group Lot Package of the Week

NW14Gratia Group is proud to present a newly listed Featured Lot Package of the Week.  The Featured Package is a wonderful opportunity for investors looking to cash in on a piece of the lucrative NW Cape Coral real estate market.  The two lots are located at:

825 NE 23RD ST CAPE CORAL FL 33909
1708 NE 14TH ST CAPE CORAL FL 33909

 

Listed at $10,800 & $11,200 respectively, these lots must sell together.  NW Cape Coral freshwater canal lots are hard to come by, so these lots are expected to close quickly.

Come invest in one of the hottest areas of Florida, Lee County.  The region is best known for world-class fishing, beaches and a warm sunny tropical lifestyle.  Cape Coral is a large family oriented community just minutes away from Fort Myers that offers beautiful parks and a wonderful school system.

To learn more about the Gratia Group Featured Lot of the Week contact a member of the Gratia Group Land Sales Team at (239) 333-2221.