Ya that's the trend.
You can sell for a gain. But replacing is another story.
Had an offer yesterday on the hunting property parcels. Not just the best one this time.
Of course they are speculating wildly. likely due to other speculators getting lucky now and then.
IF I'm right , 5 times my cost per acre across my border on the side sold last. At least that's what was being asked.
I'd offered on a portion of the other side and been told by a neighbor it sold since. Waiting to hear who bought it.
My offer wasn't a price per acre yet. Suggesting no split was/is planned.
Still not enough to buy in the keys yet though.
Here we go!
Flip the 12 foot boat upside down over a hammock ...
82192 Old Hwy, Upper Matecumbe Key FL, is a Single Family home that contains 1082 sq ft and was built in 1953.This home last sold for $199,000 in October 2013. The Rent Zestimate for this Single Family is $3,085/mo, which has increased by $3,085/mo in the last 30 days.
www.zillow.com