Outline:
- Introduction: South Tampa and St. Pete are out of vacant land. Builders are buying older homes just for the dirt.
- The 20-30% Rule: Most builders aim to pay 20% to 30% of the projected After Repair Value (ARV) or New Construction Value for the raw land.
- Zoning Matters: How lot size and zoning drastically alters the value.
- Impact Fees and Tap Fees: Why buying an existing teardown is often cheaper for a builder than buying raw land.
- How to Get Offers: Accessing Sean Tennant's network of local builders to get the highest cash offer for your lot.