Land Value In Pinecrest … Vacant land selling between $17-$21 a square foot
Vacant land is selling … listed between $17 and $21 dollars a square foot in Pinecrest. Acre lots can be had for under $750,000. .. and 15,000 square foot lots can occasionally be found for as little as $350,000 … although most tend to be listed for, and sell above that.
Perceived value drives price. While quiet streets appeal to a number of home buyers … highly trafficked areas and intersections can (and do) appeal to others.
Adjacent to Pinecrest Park on the corner of SW 82 and SW 124th is a vacant lot, listed for sale by Victor Mills and Marie Montgomery. It has already been cleared and is ready to build. It’s priced at just under $14 a square foot ($650,000 for 43,560 square feet).
After a hiatus on building, Pinecrest is now seeing and increase in new construction. Much of what is being built is luxury building… the single family, high-end homes, on a rather mega-scale. With vacant land opportunities such that they are now, more builders and individual home owners are looking at the available land for sale in Pinecrest.
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Marie and Victor’s listing on SW 82 ave and SW 124 st in Pinecrest OFFICIALLY dropped it’s price: Now listed for $570K for a builders acre! Oh my gosh!