Thinking about buying a lot or need a nice rental?

Many visitors to the West Palm Beach area or Palms West Communities of Wellington, Royal Palm Beach, Loxahatchee or The Acreage, know exactly which community they want to live in, but aren't certain of the type home they will build or which builder they will choose to build it.

Others aren't ready to move to our area yet, but they plan to one day in the future, perhaps after retirement or when the children are ready to go away to college.

Still others are ready to move here but can't find the right new home, so they elect to build exactly what they want. The problem is that it will take eight months to more than a year for a builder to obtain necessary permits and build the new home.

Other families want to live in one of our communities for a year before they decide to build or buy.

The Markey Team can help in all the above situations. Our office handles a lot of rentals for seasonal visitors, equestrians and polo people and families waiting for a new home to be completed.

We know where the nice rentals are and we know what rentals should be priced at.

Generally plan on paying 1 percent of the value of a home for a year's lease. A $150,000 home then would rent for about $1,500 a month (pretty hard to find!). A $125,000 home will rent for about $1,250 a month; a $300,000 home for $2,500 a month. etc. Newer homes will rent for about $200 a month higher than an older one. Pools add to the rental price but only because they raise the value of the house.

During the polo/equestrian season, homes rent for two to three times value or double to triple the amounts quoted above. If you need to rent, contact us well before the season or you'll be hunting a home with a desperate bunch of renters who need a place.

If you need stalls for your horses, better call us early so we can obtain a good monthly rate for you.

If you need a lot, we have every available lot in our computer and will be pleased show you some fine lots or all sizes and in all price ranges.

There are very few vacant lots left in Wellington and Royal Palm Beach. Once in a while a Royal Palm Beach lot will be listed but will cost over $200,000. The same is true of Wellington with the few lots remaining costing from around $250,000 for a quarter-acre and to a million for acre and larger Wellington lots.

1.1-Acre and larger lots are available in The Acreage and Loxahatchee but there are more buyers than sellers. Good buildable Lots in those communities are now selling from around $200,000 to $250,000 and we predict those prices will continue to rise. If you want to live in the country on an acre or larger site, you had better buy quickly as the number of available lots are disappearing. Our lot listings usually sell quickly. If you have a lot to sell we can sell it for you and our commission is very competitive. E-mail or call us now for new discounted lot commissions.

We sell a lot of Acreage and Loxahatchee lots, so let us lead you in a safe direction! Remember that the seller pays our commission.

 

Just Listed Large Acreage Lot $169,900 1.3 acres (MLS No. R2740207) on 77th east of Apache, north of Key Lime. This corner lot has great trees, and a canal on the side. It's priced to sell, so take a look then give us a call: Janice Markey at 561-791-8998 or e-mail her at Janice@PalmsWestRealty.com

$179,900 for 1.15 acres 1.15 acres on 67th. (MLS No. 2650415) central location near everything and surrounded by newer homes. The lot is high and dry and ready to sell. Owner wants this sold and has listed it at just $200,000. To see this property take Orange Blvd. to Grapeview, then south to 67th and head west to the fifth lot on the north side. Call Brian or Janice Markey at 561-791-8998 or e-mail Janice@PalmsWestRealty.com.

2.78 acres Mandarin at 93rd $289,000 This lot is huge and located on paved mandarin. The lot is surrounded by empty lots and great homes. Some fill will be required on north end. If you would like any additional information on this property please call Janice Markey at 561-791-8998 or e-mail her at Janice@PalmsWestRealty.com.  For more information about this or any property, call 561-439-1717 or e-mail BMarkey@PalmsWestRealty.com