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Max. Swap Value: $700,000
Swap For Location(s):
 Any State, California, Colorado, Florida, Georgia, Georgia, North Carolina, Oregon
> Bend, Portland, Hood River, St Augustine
Will swap for:
 Business
 Everything Else
 Land
 Multifamily or Commercial
 Residential
 Sailboat
 Transportation
We can trade-up, but only if you would take our other properties up to the value of yours (see my profile).
Beach or waterfront property, house, multi unit, commercial, or vacation property in NE Florida, a luxury ca or SUV, Airstream RV, VW Rialta, Mercedes, Sprinter or similar small motorhome. Will consider combinations.
We have other similar lots for trade.
Value: $200,000
Total loans: $0
City: Hastings
State or Country: Florida
Zip: 32145
US Metro?:
Jacksonville, FL
Location features - Equestrian,
- Rural,
- Waterfront,
- Waterview
Description: Take your pick or swap for all: 7 interior 1.25 acre lots of which 4 are on paved road,
plus 2 canal front 1.5-1.7 acre each,
plus a light-commercial piece on a county road next to this subdivision. Total size is just over 12 acres.
Lots are not consecutive except 1 double lot parcel, they are in the same subdivision of Flagler Estates, all have maintained road access, power. Lots are zoned open rural, which allows any kind of residential housing or a small home based business, gardens, horses, The area is rural, but within 20 miles of 3 cities and shopping.
Only 20 miles to the beach at Crescent Beach, FL - about 25-30 min.
Environmental survey on file, lots are buildable!
Click on the images to view photo tour of most lots.
The business opportunity:
Sell these lots with owner financing and earn substantial interest, up to 15% APY. I sold many of these lots over the boom years, up to $40K per interior lot and $80K per creek front. They are still selling with seller financing, but slow, I only sold 4 in the past 2 years.
Example: If you sell them even at current deflated prices with owner financing terms for 30 years at 10% interest and get about $30,000 in total down payments, the monthly payments will total $2,370 for 360 months (a total of $883,000)
If at 12% interest, then monthly payments total $1,030,000
Banks do not finance land easily, so seller financing is about the only option for many. Some people started buying these lots just to grow fruits and vegetables and the location could not be better: 20-25 min. to Crescent Beach, St Augustine, Palm Coast, 40-50 min. to Jacksonville. This might be one of the least expensive per acre prices on either US coasts within 20 miles from the beach. There are more than 2,000 residents in this subdivision.
These are my best remaining lots, most have environmental studies done with pre-approval for building. I intended to keep them for retirement if not sold or traded. This package deal is considerably reduced in price: during '05-'06 the 7 interior lots would have sold for $40,000 apiece, and canal ones up to $80,000 apiece, so the portfolio would be worth around $500K
Swap Type:
 I can add other assets
 I own free and clear
 I will offer owner financing
 swap even
 upsizing
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Phone: 904-687-1983
View Se N's profile and other listings
If no phone number is listed then seller decided not to disclose this information. Please email seller via the public or private swap proposal tools below.
This trade viewed 4549 times. Last modified: 08/08/2010
Swap pending? Update listing status.
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