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Welcome to the Fairhomes Land Investor Information website. Please read the information carefully before using this site. By continuing on this site you acknowledge that you have read and agreed to the following: Forward Looking Statements – Statements prepared by Fairhomes Land and made on the Fairhomes Land Investor Information website that are not historical facts are forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. For the purpose of establishing the Seller’s compliance with Federal Interstate Land Sale Full Disclosure Act 15 USC 1701 (“ILSA”) in the sale of lots to buyers, the enquirer confirms that they are a builder, investor or developer licensed to do business in the state of Florida and is engaged in a bona fide land sale business and is purchasing the property for the sole purpose of either constructing a residential home or selling the same in the normal course of its business. The enquirer further represents and warrants to the Seller that the enquirer is in the above referenced business sale of land sales and/or building residential homes and selling the same as an activity of continuity, regularity and permanency. The enquirer is a knowledgeable and sophisticated investor, developer or builder of real estate properties.
Tel: +1 (905) 415-9267 or +350 200 400 48

Encouraging profits in 2012 third quarter

14th Nov, 2012back

239 The St Joe Company is the biggest landowner in Northwest Florida, in addition to being one of the biggest land developers in the Sunshine State. It is good news for everyone that reports nationwide are saying that St Joe has been able to reverse its negative pattern and show a profit in the third quarter of this year.  The company is reporting a solid profit of $15.3 million in 2012's third quarter, in contrast to the net loss of $2.4 million recorded for the same time period in 2011.


Revenue for this year's third quarter rose to $55.9 million, in comparison to just $26.7 million in last year's third quarter. The increase in revenue included $18.3 million that resulted from two rural land sales.  The firm recorded $116.8 million in revenue for the nine months ending on 30th September 2012, in contrast to the $125.5 million for the same period last year.  The 2011 figure includes a one-time only timber deed transaction that added $54.5 million to the revenue figure of the first nine months of last year.  Removing both the timber deed transaction and the rural land sales reveals that the revenue of this year was $98.5 million, in contrast to the $71.0 million generated by 2011's first nine months. 


"We had a good third quarter fueled by improvements in all of our business lines," says the chief executive officer of St Joe's, Park Brady.  "The rural land sales were opportunistic sales of property that were not strategic to our business focus.  Despite a slow economy, our residential development, resorts and timber businesses all showed improvement compared to last year." He went on to

add that market opportunities would continue to be sought in resort and primary home communities.

Between 1976 and 2006 the value of building plots in Florida rose from an average of $15,000 to $250,000

The Lincoln Institute of Land Policy