Florida is a popular state for buyers of land, either to build homes or use for agricultural purposes. Prices per acre for Florida farmland remain competitive compared to other states, presenting opportunities for investors. Selling land on your own is not as simple as simply posting a For Sale sign, however. A variety of steps must be taken to ensure the process is successful and legal.

Land prices vary considerably by location in Florida, with coastal areas and urban centers commanding premium pricing versus rural northern Florida. Buyers also consider zoning, terrain and elevation when determining value. Using a specialized online platform like Landmodo can help connect your parcel of land with a qualified buyer.

Obtaining the property’s Parcel Number is a key first step in selling Florida land for sale by owner. Each county’s property appraiser assigns each parcel a unique Parcel Number that can be looked up in the public records online for free. Once you know the Parcel Number, you can begin researching recent comparable land sales to determine an accurate price for your property.

The next step in preparing to Florida owner land sale is obtaining a real estate license. The license allows you to represent a seller as an agent and helps protect you from liability if a sale is not handled correctly. A local realtor can assist you in securing a license, but it is also possible to go through the licensing process on your own.

Advertise the land for sale in your local newspaper and on websites devoted to real estate. Posting an ad on Craigslist and Facebook Marketplace can also be useful for connecting with prospective buyers. Be sure to include detailed photos, a clear description of the land and contact information.

When you’ve found a potential buyer, negotiate terms for the sale and sign an agreement. A lawyer can help you draft a contract that is fair to both parties and complies with the law.

Owner financing is a common way to sell land in Florida. This type of arrangement allows a buyer to pay monthly installments toward the total purchase price, and the seller reserves the right to charge interest on late or missed payments. However, be aware that this transaction is subject to federal and state regulations, including usury laws and truth-in-lending laws.

When you’re ready to close the deal, work closely with title and buyer’s representatives to coordinate document signing, funds transfer and closing date. Make one final inspection to make sure everything is as promised and advise a tax professional about capital gains taxes if applicable. After closing, transfer the deed to the new buyer and record the change with the county. Taking these steps will ensure that your Florida land sale is both successful and legal.