What to know if buying vacant Land in the Venice Area
There is still land available in Sarasota-, Manatee- and Charlotte County. Don’t expect to get a nice premium lot for a decent price on the barrier islands. The land is scarce on islands, and whatever is left will have a “premium” price tag attached to it. In Sarasota, land is more expensive than land in Venice. In the Gulf Cove (Englewood) or Rotonda area, you can still get decently priced lots. North Port and Port Charlotte has reasonable lots as well. But prices still vary from location to location. Expect to pay a premium for waterfront lots. Lots in gated communities include already the premium for the infrastructure of the community.
Hire a builder of your choice and build your dream home. But hire somebody who is familiar with the area. Your buddy from New York may be an excellent builder, but what does he know about the Gulf Cove? Before he has made himself familiar with all the obstacles you may be old as Methuselah.
Just pay attention to a few things to make your project successful:
- Location, location, location is everything. If you do not pay attention to the location, you may later be in trouble.
- When buying waterfront: mangroves or dunes are usually protected. You may never get a permit to build a dock or seawall.
- Some trees may also be protected by law. You really cannot chop everything down. You may need a permit if you want to get rid of that huge oak tree. You may get permission, but only if you agree to plant a new one.
- Pay attention to the elevation of the property. If it is very low and in a flood zone, the flood insurance premium can “hurt” you later. If you are financing, a flood insurance may be mandatory.
- Check the impact fees (you don’t need a surprise do you?). When on septic and well – are there plans for public water and sewer in the drawer? A mandatory hook-up can cost quite a bit of money.
• Setbacks and easements are equally important. Are there areas on the lot where you can not build? The setbacks will have an impact on the size and style of your new home.
• Are there any other restrictions? You want to build a workshop or a shelter for your boat? Better check with the building department first before you start digging.
Is that all you need to know? Probably not, but that is at least something to begin with.
A word about “Pets”
We are living in a lush subtropical environment where wildlife is always in the picture too. But among other endangered species, Scrub Jays and Gopher Tortoises are always protected. If they are on the lot, you may have to deal with nerve wrecking restrictions – or need to buy a second lot for them. Check with local government if your dream lot is in a scrub jay area before you make a decision. We have written a Blog about Scrub Jays and what to know before you buy vacant land.Find your perfect lot here