Kat's Blog

Hey, Wanna buy some Florida Swamp Land? Many recent buyers did!
September 26th, 2008 10:03 AM

It's been a long time since I've heard the jokes about people being sold Florida Swamp land.  But it sure was a popular theme not so many years ago...  Even Dinsney World was once know as a swamp.

Well I had a very interesting Date of Death Appraisasal that I completed for an estate.  The date of death was 3rd quarter of 2006.    This lot was located in the Middle of Fakahatchee Strand State Preserve.  If you  are not familiar with it Fakahatchee Strand was the setting for Susan Orlean's book "The Orchid Theif" and the movie based on it "Adaptation".  WE ARE TALKING SWAMP LAND FOLKS.

http://www.floridastateparks.org/fakahatcheestrand/  

http://www.friendsoffakahatchee.org/

Would you beleive that I had no trouble finding sales for this report, lots of sales many were flipped several times.  One party buying 4-5 of these lots!  The problem is they can't be used for anything.  You may camp on them but you may not Build any permenent structures, nor may you hunt in the strand.  Further, you need a permit from the state to hike there.

The inset in this picture shows the individual lots.  The white marks are 2006 sales.

This goes to show just how crazy the Real Estate Bubble got.  And that people still buy Florida Swamp land

Kat Bryce
http://www.leecountyappraisals.com


Posted by Kathleen Bryce on September 26th, 2008 10:03 AMPost a Comment (0)

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