The Top 10 Counties to Buy Land for Sale in Florida
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From coastal areas to rural farmland, the Sunshine State offers a diverse range of options for those looking to profit from the state's plentiful parcels. With a growing economy, a growing population, an influx of new retirees, and increased demand for residential housing, Florida's land offers many opportunities for new and experienced investors.
Despite the state's opportunity, the question remains: Where exactly should you buy?
Here, we'll explore the top ten counties in Florida that are the most conducive to both residential and commercial investment potential in 2024.
Our data is a combination of our own platform's land listing data in corroboration with freely available commercial real estate information published by various sources.
Let's get started.
Why Buy Land for Sale in Florida?
Florida's population continues to grow at a significant pace: It's estimated that the state's population will hit 23 million by April 2024.
With rapid population growth comes higher demand for housing, commercial spaces, and infrastructure, making land a valuable asset for development. Owning land in areas where people want to live, such as beachfront or near major cities, presents an opportunity for substantial returns on investment.
Florida's tourism industry is also thriving, attracting millions of visitors annually. Its beautiful beaches, warm climate, and numerous attractions make it a favorite vacation destination. Investing in land that can be developed into hotels, resorts, or other tourist accommodations can generate high rental income throughout the year.
Additionally, Florida offers a business-friendly environment, attracting many entrepreneurs and corporations. The state boasts no income tax, affordable living costs, and ample opportunities for various industries. Purchasing land in promising areas for commercial development can yield long-term gains as businesses seek to establish their presence in the state.
#1 – Miami-Dade County
Miami-Dade County is a prime choice for land investment due to its booming economy and strong real estate market. With its vibrant cultural scene, gorgeous beaches, and thriving business environment, this county is highly desirable.
Land prices in Miami-Dade County, FL vary considerably depending on location and size. Prime coastal properties can range from $1 to $10 million per acre, while inland parcels can go for $100,000 to $500,000 per acre. The average land price in Miami-Dade County is around $250,000 per acre.
#2 – Broward County
Broward County, located just north of Miami, is a hotspot for land investment as well. The county offers a diverse range of opportunities, including residential, commercial, and agricultural properties.
With a strong job market and excellent educational institutions, Broward County is a great location for those looking to build their dream property.
Land prices in Broward County, FL vary depending on the location and size of the property. As of 2021, residential land prices range from approximately $50,000 for smaller lots in less developed areas to over $10 million for prime waterfront or large acreage properties in exclusive neighborhoods.
#3 – Palm Beach County
Palm Beach County, home to some of the most affluent communities in Florida, is another top choice for land buyers. Whether you are interested in upscale residential developments or agricultural land, this county offers prime opportunities.
Palm Beach County's strong tourism industry and growing population contribute to its attractiveness as an investment location.
Land prices in Palm Beach County, FL vary greatly depending on location and size. As of 2021, the median price per acre is approximately $450,000 in premium areas like Palm Beach Island and Wellington, while in less desired areas, prices range between $50,000 to $150,000 per acre.
#4 – Orange County
Orange County, known for its world-renowned theme parks and entertainment options, is an excellent choice for land buyers seeking a combination of recreational and investment opportunities. The demand for residential and commercial properties is high due to the county's strong and diverse economy.
Land prices in Orange County, FL can vary depending on factors such as location, size, and zoning regulations. As of 2021, the average price for a vacant lot in this area ranges from around $100,000 to over $500,000. Prices may fluctuate based on market conditions and demand.
#5 – Hillsborough County
Hillsborough County, located on the Gulf Coast, is a rapidly growing region with a diverse economy that includes technology, healthcare, and agriculture. Land prices have been increasing steadily, providing promising investment prospects for buyers. The county's proximity to Tampa and its vibrant urban scene make it all the more enticing.
In Hillsborough County, FL, land prices vary depending on the specific location and size. As of 2021, the average price per acre ranges from approximately $20,000 to $200,000. Factors such as proximity to urban areas, zoning regulations, and potential development opportunities influence the market value of land in this county.
#6 – Pinellas County
Pinellas County, home to the popular city of St. Petersburg, offers a unique mix of beautiful beaches and a thriving arts and culture scene. The county's waterfront properties and vibrant downtown areas make it an attractive location for land buyers. With its strong tourism industry and increasing job opportunities, Pinellas County presents a promising investment landscape.
Pinellas County, FL features a range of land prices that cater to various budgets and preferences. The median land price in the county is around $200,000 per acre, with higher-demand areas like waterfront locations or prime commercial lots commanding premium prices of $500,000 per acre or more.
Conversely, more rural or less desirable areas may have land selling for under $100,000 per acre.
#7 – Duval County
Duval County, home to the vibrant city of Jacksonville, is another top choice for land buyers in Florida. The county's diverse economy, affordable land prices, and strong job market make it an attractive location for investors.
With its growing population and robust development, Duval County offers excellent long-term investment potential.
Land prices in Duval County, FL vary based on location and size. As of 2021, the average price per acre ranges from $10,000 to $75,000. Urban areas and waterfront properties tend to command higher prices, while rural land and inland properties are typically more affordable.
#8 – Lee County
Lee County, situated in southwest Florida, is a desirable location for land buyers due to its stunning beaches and outdoor recreational opportunities. The county's strong tourism industry and rapidly growing population make it a promising investment choice. Land prices have been steadily increasing, making Lee County an appealing option for investors.
Lee County, located in Southwest Florida, offers a range of land prices to suit various budgets and needs. As of 2021, residential lots start from around $30,000, while larger parcels suitable for commercial development can range from $100,000 to several million, depending on location and size.
#9 – Sarasota County
Sarasota County, with its beautiful Gulf Coast beaches and vibrant cultural scene, is an ideal choice for land buyers seeking an upscale lifestyle. The county's strong real estate market and increasing demand for residential and commercial properties make it a sound investment opportunity.
Land prices in Sarasota County, FL vary depending on factors such as location, size, and zoning. As of 2021, the average price per acre ranges from $10,000 to $50,000 in rural areas, while it can go up to $200,000 in more developed parts of the county like Sarasota city.
#10 – Collier County
Collier County, located in southwest Florida, offers a mix of natural beauty and luxury living. With its pristine beaches and abundant outdoor activities, the county is an attractive location for land buyers.
Collier County, FL, known for its beautiful coastal landscape and vibrant communities, offers a wide range of land prices to accommodate various budgets and needs.
From luxurious waterfront properties ranging between $1 to $10 million to more affordable inland lots going for anywhere between $50,000 and $500,000, there's something for everyone seeking to invest in this stunning region.
Consider Working With Professionals Before Buying
Florida offers a plethora of opportunities for land buyers. The top ten counties outlined here provide a snapshot of the most promising investment locations.
Remember to conduct thorough research and consult with a broker and real estate attorney before making any investment decisions. Working with such professionals will help you avoid making common mistakes in the buying process and provide peace of mind.
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