941-661-2577
abroslat@gmail.com
Over 2,000 Lots Sold
5123 Melbourne St. Unit 6105
Port Charlotte, FL 33980
Phone: 941-661-2577
Fax: 941 552 6039
Contact Page
This site is primarilyly about, Land, Building Lots and Income Producing Residential Property in the zone of Southwest Florida from Venice to Punta Gorda including Port Charlotte, North Port, Rotonda, Englwood and South Gulf Cove.
Update:The $700 million, 785 room Sunseeker Resort is finished and open December 15. See the link for details
www.sunseekerresorts.com
This Allegiant Airlines hotel on Charlotte Harbor with it's 1,200 employees is a game changer for this area.
The torrid housing market of 2021, 2022 with very low months of inventory is over. The continued high interest rates have pushed this zone into a buyer's market.
We are currently in the aftermath of a land boom in this area with prices up 200 to 300% from 2019 but down 25% from 2121 and early 2022. Dollar volumes of land sales in Charlotte + Sarasota Counties sales were over $50 million per month in 2021 for a total of $690MM. In comparison with the period 2016 to 2019 the annual totals in 2021 were three times higher. Until Ian and the rise in interest rates, 2022 was a good year but not like 2021. October, 2022 thru April, 2024 saw Land sales Volumes down 2/3's from the prior year's levels. Sale volumes and prices have been stable for the year. Note that prices are still more than 100% above 2019 prices. Houses prices also doubled during the 2021-22 boom and are still at around 90% of their cycle high prices.
The ongoing life style effects of the pandemic are still making investments in Florida single family homes, especially those with rental potential, and land for single family homes where people want to live, to be great long term investments.
This area has many opportunities to invest in standard building lots or Gulf of Mexico access waterfront building lots plus houses to either fix and flip or to rent either long or short term. I do over 200 transactions a year with investors. My goal is to help you make money.
For an investor in 2024, Florida land is a very attractive alternative to bank CD's, bonds, and the volatile stock market. Also, land requires very little management time compared to rental property. Florida's population is growing by 400,000/year and WELL LOCATED land will continue to increase in value. In this area there are over 10,000 Gulf of Mexico access waterfront lots available and over 130,000 platted standard building lots. Many of these lots are buildable lots that are appreciating nicely if they are in the most desirable zones. There are several tabs on the left to help you learn about this market.
For a rental investor the demand for rental housing is very strong for price points up to $2,500/month. Short term rentals can generate twice the gross income of long term rentals with 75% occupancy rates but have much higher operating expenses. I can help you find deals that provide attractive returns plus appreciation potential. Please click on the rental investor tab on the left for more info.
For flip and distressed property investors, there are deals that work if you are willing to move quickly and are a cash buyer. This is the most competitive market for investors, but it can be highly rewarding. Please click on the flip/distressed investor tab on the left for more info.
The zone on the Gulf of Mexico from Venice to Port Charlotte is world famous for it's fishing, beaches and beautiful climate. Now it is also one of the best places in the USA to find profitable investment opportunities.
If Land / building lots is your primary interest, please check out the links on the left on land investing.
Well located building lots in North Port are now selling for $18,000 to $20,000, Gulf of Mexico access powerboat lots without seawalls sell for prices starting in the low $80's, sailboat lots with seawalls start at prices in the $130's. Compared to other parts of Florida or the rest of the USA, ocean access building lots continue to be a real bargain.
Do you want distressed property bargains for lots or houses in Venice, North Port, Port Charlotte, or Rotonda? Please drop me an email at abroslat@gmail.com for up to date list of Short Sales and Foreclosures for distressed land and homes. The availability of such properties is very limited and the best sell in less than a week. |
Waterfront lots / land? For additional info on waterfront and dry lots in South Gulf Cove, go to www.SouthGulfCoveFloridaLots.com. If you are interested in North Port, please go to www.NorthPortRE.com. |
Your complete satisfaction is my #1 goal because if you're satisfied, you will refer me to your friends. |
Arthur Broslat
REALTOR®
Best Buys and Market Update e-mails
Sign up for my e-mail market updates and best Land and Investment Property BUY recommendations. The properties are in the zone of North Port and Port Charlotte, including Englewood, Cape Haze, Rotonda and South Gulf Cove.
These e-mails will give you up to date information about this specialized market. Just click on the link on the left.