Buying Undeveloped Land: Cash Flow Strategies

Earning Cash from Your Land:

If you’re considering buying undeveloped land in Walton County (or anywhere for that matter), you may want to think about what to do with it during the interim period. It may be your plan to re-sell the property at some point or even begin some form of development. If it’s the former, you may want to consider some strategies to adopt that could provide you with cash flow.

Whatever your approach, it always helps to know your options and to keep them open.  Oftentimes, you really cannot afford to just leave the property idle. In that case, you should definitely consider maximizing your resources to gain as much from your investment as possible. Especially since there are external factors which may cause a delay in development.

Fortunately, there are a few approaches you can take.  Just be sure that, whatever you do, it is as low cost as possible.  After all, cash flow only really works if it is crop_1200_650_db_grayton_dunes_lakes_08_making a profit—if you have to pump a lot of money into a property just so it can generate a little income prior to development, you might as well go ahead and begin development as soon as possible.

Below are a couple of ideas for gaining a little extra cash from your undeveloped property:

Storage for Boats, RVs and/or Trailers: Living in the Santa Rosa Beach area, there are several folks who own boats, RVs or even utility trailers that their HOA’s do not provide storage space for, or in most cases, even allow. Most land owners didn’t decide to go into the storage business one day and rush out to find land for said storage business.  In many, if not most, cases they bought the land on speculation or with the intent of eventually developing it.  However, while waiting for the time to be “right” (i.e. appreciation, financing, etc.) renting storage space on it provides a relatively steady income and allows for some tax breaks since the property is now a business and not just sitting idle.

Parking Areas: One common approach—especially in a busy areas that have bee relatively well developed—is to put up a parking lot.

In developed areas, parking is often at a premium, so you can count on having constant business.  Best of all, constructing parking areas is extremely low cost.  Pour some concrete, install a payment machine, arrange with a tow truck operator to haul away miscreants and you’re done. In some cases, parking areas cash flow so well that the owner of the property may choose to simply keep operating it as an ongoing concern. Planning in Zoning in Walton County may have a few issues with some of our cash flow ideas, so it’s always a great idea to touch base with them to insure you’re staying within code.

Logging:Unless you plan on doing the work yourself, and assuming you already own the land, this is a very low cost operation.  In fact, there should be no cost at all.  You contract with a logging company to do the work and they give you a payment.  In essence, what you are doing is selling timber rights to them.  They harvest the trees and take them to the mill.  If you are buying undeveloped land with the intent of having the property cleared for development anyway, they are actually doing some of your work for you.

Campground or Private Park:If the undeveloped land is large enough, then you may want to consider installing a natural campground. You can keep the natural surroundings, install a few RV hookups or tent camping spots and make considerable income…especially if your land is near the beach.

Another option, would be a private nature preserve or park. Cut a few hiking trails, or designate a few wildlife observation areas and ta dah, you have an income that is actually unobtrusive to the natural surroundings of the undeveloped land.

Hopefully, our ideas will get you brainstorming on offsetting some of the costs of owning that undeveloped land. For more ideas or if you’d like to find a great piece of undeveloped land to enact some of our ideas, drop us a message.

Santa Rosa Beach, Florida

Santa Rosa Beach, Florida offers a variety of price ranged beach houses, upscale dining, and many unique artist colonies .. SRB also provides several entrances to the Point Washington State Forest, a 15,000-acre preserve. SRB is known for it’s natural scenic beauty, turquoise waters and sugar sand beaches, including one of Travel + Leisure magazine’s “Best Beaches on Earth” for families.

Contact our family today for available property’s in our area.

https://www.tripadvisor.com/Tourism-g34617-Santa_Rosa_Beach_Florida-Vacations.html

 

 

Why should you choose Beach to Bay Realty?

Simple .. Beach to Bay Realty professionals know every square foot of our Beautiful Emerald Coast .. Homes are typically one of the biggest investments we make in our lifetime ..  so choosing a Licensed REALTOR® to help you buy or sell that home is a crucial decision ..  It seems as though there are real estate companies popping up everywhere overnight ..  all looking for you business .. so today .. you have more choices than ever .. however .. Here’s why you should choose us ..

Through a clearly defined and communicated process .. we can and will help you accomplish your real estate goals.

CUSTOMER SATISFACTION ..   Approximately 70% of Beach to Bay Realty business comes from repeat and referral clients.

PROVEN TRACK RECORD  .. Our people are our strength .. it took years to put together the full experience we have in the Real Estate .. Lending .. and .. Construction industries.

EXPERIENCE ..  Beach to Bay professionals lead the industry in terms of experience.

BRAND RECOGNITION .. The Beach to Bay Realty name is highly visible throughout the Emerald Coast due to professional and extensive marketing.

REFERRAL NETWORK ..  We ‘re a part of a global real estate franchise network that spreads across all the states and multiple countries.

INTERNET EXPOSURE  .. When you list with Beach to Bay you maximize your homes web exposure via the internet .. social media .. and .. referrals.

OFFICE LOCATION AND ATMOSPHERE  ..  Located in the heart of 30A  gives  you direct exposure to walk-in buyers .. as well as a professional marketing “headquarters.”

PROACTIVE AND CUSTOM MARKETING PROGRAM  ..  Presents Your Home To The Largest Group Of The Likeliest Local And Global Buyers.

OPEN HOUSE PROGRAM AND FIRST ACCESS  ..  Your property is exposed to over 2000 buyers through a database that is updated weekly.

INCREASED PROBABLITY FOR SUCCESS  .. Puts you in the best position to accomplish your objectives.

Repeat and referral clients are the lifeblood of the real estate business ..  we at Beach to Bay Realty are proud of the return and referral  business we have built over the last 35 plus years .. if you’re looking for a true local agency .. you’ve found it with us.  Call or stop by our office anytime ..  we work twenty four seven to make your dreams come true.

Santa Rosa Ridge

377 Ridge Rd1

$565,000

New listing in one of the most sought after communities in Santa Rosa Beach .. known for it’s large lots and no association fees ..  Santa Rosa Ridge is located on one of the highest dunes in South Walton, just off Scenic 30-A. Country living within walking distance of the Emerald waters of the Gulf of Mexico. Shopping, dining and art galleries are all within a few minutes drive. Almost a full acre located on a small, serene lake. Sit on your screened in porch and watch the wildlife. Quality workmanship of steel frame, brick exterior, metal roof with a/c storage room in attic. New Carrier 3.5 ton HVAC. Wood decks on two sides, outdoor shower. Yard building for storing garden tools and beach toys. Hurricane shutters. Two car garage and covered front porch. Side deck for enjoying the evening breeze at sunset. Santa Rosa Golf Club is just across the road.

Give our team a call to see this spectacular home today!     ..    Beach to Bay Realty     850.231.1090

377 Ridge Rd2

 

 

Area: 30A West
Sub Area: 1705 – South of 30A
Project Name/Subdivision: Santa Rosa Ridge
Unit #:
Bedrooms: 4
Full Baths: 3
Half Baths: 1
Apx SqFt(Htd/Cooled): 2695
Year Built: 2000
MLS #750040

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fun in the Sun in Sowal ..

Headed to the beach ?   Check out (below) the link to Jill Tanner’s article on some of our best outdoor bars … whether walking .. boating .. or paddling ..  here’s your map to fun!

While in town .. be sure to give us a call or stop by our Beach to Bay Realty office for your up to date real estate info ..  we’d love to see you.

Now ..  get out and have some fun in the sun!

http://sowal.com/story/stroll-boat-paddle-or-walk-to-these-popular-outdoor-bars

279 Graytontrails Road

279 Graytontrails Road
Grayton Beach Home

Extraordinary beauty and unparalleled privacy abound at this unique estate in Grayton Beach located at 279 Graytontrails Road. Nestled on approx 200 feet of frontage on Western Lake. Every detail of this property has been custom designed from the gated entrance leading to a stone bridge over a scenic pond to the private free-form swimming pool with waterfalls and Jacuzzi overlooking the lake. – See more details