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Updated about 9 years ago on . Most recent reply

User Stats

70
Posts
8
Votes
Jared S.
  • Professional
  • Central FL, FL
8
Votes |
70
Posts

House I want is on 5 acres, can I subdivide?

Jared S.
  • Professional
  • Central FL, FL
Posted

So a house I like is pretty nice but not great. It's priced at 265k.  It's in Central FL in a growing area but yet still somewhat rural (for now anyway).   So even tho the house is just ok, we are intrigued by the 5 acres it sits on.  Not sure why but the house with the land is 265k, but in closer in areas to two , acres can be as high as 180k per acre.  So this seems like a decent deal.

Is subdividing the lot into 1 acre or 1/2 acre lots doable?  How can I know if I could sell the, and if they are desirable?  Why hasn't anyone else thought of this, as the property/house has been for sale for over 60 days?

I work in the business, but on the production side.  I have no idea about land or acquisitions.  Should I ask someone at work that works in the land dept as a first step?  Any help would be appreciated.

Most Popular Reply

Account Closed
  • Frederick, MD
256
Votes |
654
Posts
Account Closed
  • Frederick, MD
Replied

Yes, check with the (land) jurisdictional zoning folks to ask that question.  It's not simply the acreage of a parcel, what can be done with it is affected by many things... road frontage, environmental factors, easements, etc.

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