Thread: Florida Ghost Town Residential Real Estate

Master Planned Florida Ghost Town Residential Real Estate

http://www.youtube.com/watch?v=q0VTusp3 ... re=related

If you build it, they will come! Old rule that does not hold water today. I found out there are 5 homes for sale out of the handful shown, from 185K - around 350K. This is a Florida master planned community that has seen little building going on for the last 2 or 3 years. The roads are in, the trees are wiped away, the watershed pond is dug. There is a few homes but not much building going on. The only building I see is the $5M 2 story, Residence Club with Pool, tennis courts, and dog park as promised to the home owners. All 4 or 5 homeowners must have raised hell! It should have been one of the first things completed. Looks like you can have your pick of lots available. So come on down to Florida and get your 1/2 priced home today!
If I was the developer I would make them 2 acre or more size lots, change and expand the dog park to horse riding area. I would take some of the land and have a community farming area. You would only need to sell to about a quarter or less people since it is large lots. I think this is what people will be looking for in the future. Your ideas to fix this mess?

Real Estate Collapse - Land of the Dispossessed Part 1

http://www.youtube.com/watch?v=u4v5RllA ... re=related


Real Estate Collapse - Land of the Dispossessed Part 2


http://www.youtube.com/watch?v=i2vbtNte ... re=related