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Boca Grande Vacant Waterfront Building Site Analysis |
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| BOCA GRANDE FOR SALE | ||
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Market Overview There are only approximately 125 buildable lots remaining on the Island. Of those, there are only approximately 45 waterfront lots left. There are currently only 20 vacant parcels for sale on the island, half of which are on the water. This means that the island is close to being built out and few opportunities remain. Inland Lot Prices range from $ 489,500 to $ 995,000 Waterfront Lots Range from $1,100,000 to $3,300,000 Recent Sales Range from $ 889,000 to $3,650,000 Boca Grande has been somewhat insulated from the overall market which is quite distressed. This is primarily due to the fact that few people are forced to sell in this market as most people do not even have mortgages. The rental market remains very strong with far more demand than supply. |
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