Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

14
Posts
7
Votes
Anna Smith
7
Votes |
14
Posts

Due diligence + Loan/Investor for FL development (land/wetland)

Anna Smith
Posted

Hello,

I have 3.7 acres of land under contract that I need to do my due diligence on. Part of the land from a 2018 survey shows wetlands on the front of the property. Visually it looks dry though and not wet at all. Only 2 acres are uplands but I was hoping to develop all of the 3.7 acres. Who may I contact to find out cost and timelines for mitigating wetlands in FL and how to mitigate (dig a lake?).

My goal is to rezone (agricultural with residential use to residential) and subdivide the land as it is on a busy/main street with major residential single family and multi family developments around it. I spoke with the zoning manager and rezoning is possible for me to build 2-3 single family homes per acre to make a small development/HOA with ~10 homes.

This is my first land purchase (we are contractors) so I need advice on what due diligence to do on it and who to call about the wetland mitigation. The property is in Naples, FL. I also need some advice on how to find a bank or an investor for the loan for land and/or land construction. Need to close 4/1/22. Any help/suggestions/advice would be very appreciated. 

Thank you!

Anna

Most Popular Reply

User Stats

2
Posts
5
Votes
David M.
  • Investor
  • Ballston Spa, NY
5
Votes |
2
Posts
David M.
  • Investor
  • Ballston Spa, NY
Replied

As Mason said, an environmental engineer would be the contact for that.

Loading replies...