$147,500 Sarasota, Five high and dry acres in Myakka Valley Ranches in Sarasota, Florida

Five high and dry acres in Myakka Valley Ranches, Sarasota's biggest equestrian subdivision. Why buy an old house with all kinds of problems when you can build something that suits your taste? Seller says he can build a home for you, starting at around $100 per square foot! Since there are very few building lots available in Myakka Valley, this one can only go up in value. HOA dues are only $390 per year, and you don't have to build on it, which means you can hang on to the lot until it appreciates, or until you are ready to build your dream home. The lot is heavily wooded with occasional open areas, and can offer you a lot of privacy. The subdivision has ca. 280 families, and has a saddle club, women's forum, and a book club. Myakka River State Park is located just to the east, while Sarasota's famous beaches are 30 minutes away. Shopping, restaurants, and good schools are all in the area. The 7-acre lot to the east is also for sale. Please, see MLS no. Axxxx860.