Does anyone own any lots in Portofino Vista Community?

Does anyone own any lots in Portofino Vista Community?

Member since 2024 · 29 posts · 8 votes

Hello,

I was just wondering if you or anyone you know owns any vacant lots in the Portofino Vista community in St. Cloud, FL?  If so, what has been your experience in formulating an exit strategy?  Do you know anything about the original developer, Prime Homes?  Any insight would be greatly appreciated, thank you so much in advance!

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  • Doug SmithPro Member
    Lender · Tampa, FL · Member since 2013 · 2k+ posts · 2k+ votes
    8mo

    Just curious to understand your question better. There is only one active listing in the townhome community right now...and it's listed as short sale. There have been 2 sales in the last year. What specific challenges are you having?

  • Member since 2024 · 29 posts · 8 votes
    8mo

    I cutrently own 2 adjacent lot and I acquired them through a tax deed auction last year.  That's how most of the lots are owned.  They are hard to sell because you need to own an entire building of lots to build the townhome. Just wanted to connect with others having the same issue.

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