New Construction Building Costs

[Lamar Washington]

To all Developers/Home Builders and any other interested value add Investors, I'm wondering how much is it currently costing you to build per sqft in your market? 

I'm getting ready to start the entitlement process on a 2.5 ace lot of raw land in the central Florida Area. The plan is to  subdivide the lot into 10 quarter acre single family lots. I'm unsure what would be the best exit strategy after the lot is fully entitled...

A. wholesale the 10 single family lots to a Builder

or

B. Build 10 New Single Family Homes and sell them for profit

I would love to hear your thoughts and what you would do with this opportunity. Any and all input is greatly appreciated! 

[Samuel L.]

I am in Orlando and I have been getting bids at 250-350/sq foot depending on quality of finishes.