Cheap Buildable Lot in Lakeland

The Lot is currently being used to store an RV, Boat, and 4x4s. The Lot will be clear after closing.  Prior structure was a single family home, and was torn down 14 years ago.  The property has road access and the zoning is RL-4 (residential low, single family or modular home).  This includes Single Families and Manufactured Homes on Solid Foundations only.  The County says absolutely no mobile homes, but you can build a tiny home.  The health department confirmed you can build a 3/2.  There are no HOA, lot fees, or association fees.

It’s pretty clear, based on recent new build comps, that you should get $212/sf – $214/sf, if you stay in the 1,300 sf range.  If it costs you $140/sf to build, and you are paying $35,000 for the lot, you would profit $61,000 or so, minus any costs we haven’t accounted for.  That’s saying you pay $140/sf to build.   I know people are able to get it done cheaper, who have the supply chain situation nailed down.