Land Loans

Financing for purchasing land in Florida — improved and unimproved lots, acreage, and land for future construction.

Key Features

• Improved land (utilities, road access): 20% down, better rates
• Unimproved/raw land: 30-50% down, higher rates
• Shorter terms than home mortgages (5-20 years typical)
• Can convert to construction loan when ready to build
• Some lenders offer land-home combination packages
• Local banks and credit unions often best for FL land loans

Who Is This For?

• Buyers purchasing a lot to build on later
• Investors acquiring Florida land for development
• Farmers and ranchers purchasing agricultural land

Florida-Specific Considerations

• Florida land values vary enormously by county and location
• Wetland and environmental restrictions common (DEP permits required)
• Flood zone designation affects land value and future building costs
• Agricultural land may qualify for favorable tax treatment
• Impact fees and utility connection costs can be significant in rural FL