west coast looking
 

looking to purchase a piece of property somewhat close to the water.Anywhere south of clearwater,the only area that comes up reasonbly priced is charlotte county.A few people have mentioned north port or south gulf cove anyone with info on this area i would appreciate.Looking for investment& possible future home,thanks.

What do you consider reasonably priced?

Keep in mind when you purchase a house near the water, you are buying the land and the building is considered an improvement.

Don't be surprised to see an oceanfront shack going for over a million dollars.

Are you interested in canal property? I know there are a few lots available for sale along the canals in South Gulf Cove. They are asking around $250K and I do not know the sizes of the lots offhand. There are only a few undeveloped wet lots left in SGC.

the lot im looking at is not directly on the water,its across the street.The waterfront lots go for 150 to 250 thousand,across the street they go for 40 thousand.I would like to know if this area is a good investment.Also how is this area.

It has become very built up recently. This area was a great investment for my parents. They bought there about 10 or 12 years ago, but when they bought it was not very developed. They have told me that it has become too built up for them now, and they are looking to buy someplace else now. New homes are going in every week. I would think any undeveloped lot in SGC would be a good investment, since there are not too many left. Also, I have heard that they are in the process of changing the homeowner's association there from a voluntary membership to one where it is required of all residents and property owners. I do not know if this would make a difference to you or not.

If you can find a lot across from the water, deep water access that is for $40,000, I suggest you buy ten lots and hang on to them.

Property that is close to the ocean or deep water access isn't much cheaper than waterfront and in some cases may be more expensive. Lots off the beach or canal tend to be larger and insurance is much cheaper.

I suggest you look into insurance also. Nationwide and State Farm stopped writing policies in my area.

in response to here today gone to maui.Thankyou for your info,are we talking about the same area,because the title company says the area is only 10%developed.Also looking at the plot map there are not a lot of homes,I assume its starting to grow,thanks

Yes, we are talking about the same place. My parents had painted a different picture of SCG to me, since they live on waterfront lot and these are the ones being built up first. From talking to my mother one would assume that the entire place is built out.

I got these figure this morning from the head of the architectural review board in SCG. There are a total of 15000 lots, Currently there are 800 homes built with 100 new homes completed last year. This may not seem like a lot to you, but if you built in an area where there were 10 homes on the street and now you have homes all around you, it is a lot! lol This is why my parents are looking to move out of SCG.

Every lot in SCG has been sold, so any lot you find for sale is being sold by a private party.

The gentleman from the architectural review board at SGC has offered for you to contact him with any questions, and he told me to post his email address, but I am hesitant to do this, since I believe the email he gave me is his person primary email. If you would like to contact him, send me a message at [email protected] and I will forward your message to him.

It is a really nice area, especially if you are a boater.