Bring Latitude 98 Qualified Property and Development Opportunities
Real estate brokers often identify opportunities before they reach the broader market. Their local knowledge, owner relationships and understanding of property conditions can help connect Latitude 98 with land, residential assets and specialised real estate that fits our development strategy.
Latitude 98 works with licensed real estate brokers throughout Central Florida who represent landowners, property owners, financial institutions, estates and other parties considering the sale or redevelopment of real estate.
We welcome both publicly marketed and qualified off-market opportunities involving land, existing buildings, distressed assets, small multifamily properties, aviation real estate and special-use projects.
Opportunities We Consider
Latitude 98 may evaluate broker-submitted properties involving:
- Vacant residential land
- Infill lots
- Single-family homes
- Duplexes, triplexes and fourplexes
- Small multifamily properties
- Build-to-rent sites
- Distressed residential assets
- Fire-damaged properties
- Storm-damaged properties
- Code-violation properties
- Estate-owned real estate
- Unfinished developments
- Underused buildings
- Affordable housing sites
- Veteran housing sites
- Airport and aviation properties
- Aircraft hangars and aviation facilities
- Special-use real estate
- Property assemblages
- Properties requiring entitlement or repositioning
Each opportunity is reviewed based on location, site conditions, development feasibility, project fit and current acquisition priorities.
Land and Development Sites
Latitude 98 is interested in land that may support residential, mission-driven or specialised development.
Potential land opportunities may include:
- Buildable residential parcels
- Vacant infill lots
- Small subdivision sites
- Land suitable for duplexes, triplexes or fourplexes
- Build-to-rent development sites
- Affordable housing land
- Veteran housing land
- Public or nonprofit-controlled land
- Airport-adjacent property
- Aviation development sites
- Special-use development parcels
- Underused or obsolete properties with redevelopment potential
Brokers should provide available information regarding zoning, future land use, acreage, access, utilities, wetlands, flood conditions and asking terms.
Houses and Residential Properties
Latitude 98 may consider houses that are appropriate for rehabilitation, resale, long-term ownership or redevelopment.
Potential opportunities include:
- Vacant homes
- Rental properties
- Owner-occupied properties
- Properties with deferred maintenance
- Homes requiring major rehabilitation
- Outdated properties
- Fire- or storm-damaged homes
- Estate-owned houses
- Code-violation properties
- Unfinished residential construction
- Homes located on underused land
- Properties that may support replacement construction
The existence of damage, repairs or code issues does not automatically disqualify a property. Latitude 98 evaluates both the current condition and the property’s potential after improvement.
Duplexes, Triplexes and Fourplexes
Small multifamily properties can support rehabilitation, rental housing, long-term ownership and neighbourhood redevelopment.
Latitude 98 may evaluate:
- Occupied properties
- Partially occupied buildings
- Vacant properties
- Under-rented assets
- Properties with deferred maintenance
- Buildings requiring modernisation
- Properties with code issues
- Small multifamily assets suitable for long-term ownership
- Properties with excess or underused land
- Sites that may support redevelopment
Brokers should provide available rent information, lease details, operating expenses, occupancy status, unit configuration and known repair requirements.
Distressed and Special-Situation Properties
Some opportunities require a purchaser or developer capable of evaluating complicated physical, financial or operational conditions.
Latitude 98 may consider properties involving:
- Significant deferred maintenance
- Long-term vacancy
- Fire or storm damage
- Open permits
- Code-enforcement matters
- Unpermitted improvements
- Unfinished construction
- Estate or probate ownership
- Multiple owners
- Tax or lien issues
- Tenant complications
- Environmental concerns
- Obsolete use
- Failed or stalled development plans
- Properties that have been difficult to sell conventionally
Brokers should disclose known issues early so Latitude 98 can evaluate the opportunity accurately.
Unfinished Developments
Latitude 98 may evaluate partially completed residential and speciality developments.
Potential opportunities may include:
- Abandoned construction projects
- Partially completed homes
- Small multifamily developments
- Expired or inactive permits
- Incomplete site work
- Projects affected by financing problems
- Contractor disputes
- Design or engineering deficiencies
- Budget overruns
- Properties requiring a new development strategy
Available plans, permits, inspection records, contractor information and cost-to-complete estimates should be provided whenever possible.
Affordable and Veteran Housing Opportunities
Brokers may identify land or existing properties suitable for affordable, workforce or veteran housing.
Potential opportunities include:
- Vacant land suitable for affordable housing
- Small multifamily properties
- Scattered-site residential lots
- Infill properties
- Existing buildings suitable for rehabilitation
- Publicly owned or controlled sites
- Nonprofit-owned land
- Properties near transportation and essential services
- Accessible housing opportunities
- Replacement housing sites
- Resilient housing projects
These opportunities may require coordination with municipalities, housing authorities, nonprofits, lenders or other mission-aligned partners.
Airport and Aviation Real Estate
Latitude 98 is interested in qualified aviation and airport-related opportunities that align with its speciality-development strategy.
Potential properties may include:
- Private airports
- Public-use airport opportunities
- Aircraft hangars
- Hangar condominium sites
- FBO facilities
- Aircraft maintenance buildings
- Flight-school facilities
- Aviation commercial space
- Fuel facilities
- Airport-adjacent land
- Runway or taxiway improvement opportunities
- Aviation communities
- Underused airport property
- Airport acquisitions and repositioning opportunities
Aviation submissions should include available information regarding airport status, runway access, property ownership, lease terms, permitted uses, infrastructure and operational restrictions.
Special-Use Real Estate
Latitude 98 may evaluate properties that do not fit a conventional residential development category.
Potential examples include:
- Community facilities
- Educational properties
- Faith-based facilities
- Emergency-resilience facilities
- Adaptive-reuse opportunities
- Specialty storage
- Recreational properties
- Unusual or entitlement-intensive sites
- Buildings requiring conversion
- Mixed-use community properties
- Custom development opportunities
Special-use properties should be submitted with a clear explanation of the existing use, permitted use and proposed opportunity.
Off-Market Opportunities
Latitude 98 welcomes qualified off-market opportunities when the broker has a legitimate relationship with the owner or is authorised to present the property.
For off-market submissions, brokers should identify:
- Whether the broker has a listing agreement
- Whether the broker has written authorisation from the owner
- Whether the property is currently marketed elsewhere
- The owner’s price expectations
- The owner’s preferred timing
- Any confidentiality requirements
- Known property issues
- Whether the owner will consider alternative transaction structures
Latitude 98 will not knowingly interfere with existing brokerage relationships.
Broker Representation and Compensation
Brokers should clearly disclose whom they represent and how they expect to be compensated.
Relevant information may include:
- Listing broker status
- Buyer-representation status
- Transaction broker status
- Referral arrangement
- Commission requested
- Whether compensation is offered through an existing listing
- Whether a separate commission agreement is required
- Any other party expecting compensation
Any commission or referral fee must be documented in writing and comply with applicable licensing laws.
Latitude 98 does not guarantee compensation merely because a property or introduction is submitted.
Information Brokers Should Provide
To support an efficient preliminary review, brokers should provide as much of the following information as available:
- Property address
- Parcel identification number
- County
- Property type
- Asking price
- Current ownership
- Broker’s relationship to the owner
- Listing status
- Approximate acreage
- Building size
- Number of units
- Occupancy status
- Current use
- Zoning
- Future land-use designation
- Road access
- Utility availability
- Flood-zone information
- Wetlands information
- Environmental concerns
- Existing structures
- Known repair needs
- Open permits
- Code violations
- Mortgages or liens, if known
- Survey
- Site plan
- Rent roll
- Operating statements
- Property photographs
- Development plans
- Owner’s preferred timing
- Confidentiality requirements
Providing complete and accurate information helps Latitude 98 evaluate the opportunity more quickly.
Broker Submission Standards
Latitude 98 asks brokers to submit opportunities that are reasonably aligned with our development strategy.
A strong submission should include:
- A clearly identified property
- Reliable ownership information
- Realistic pricing
- Available zoning and site information
- Known property issues
- Relevant supporting documents
- The broker’s role in the transaction
- The owner’s general objectives
- A concise explanation of why the property may fit Latitude 98
Mass property lists without sufficient information may not receive the same level of review as complete, project-specific submissions.
How We Review Broker-Submitted Opportunities
Initial Screening
Latitude 98 reviews the basic property information, location, pricing and alignment with current development objectives.
Preliminary Property Analysis
We consider zoning, access, utilities, physical condition, market potential and possible development strategies.
Broker Discussion
When the opportunity appears relevant, Latitude 98 may contact the broker to clarify property details, ownership expectations and available documentation.
Site and Document Review
The process may include a site visit and review of surveys, leases, environmental records, plans, permits, financial information and title-related documents.
Feasibility Evaluation
Latitude 98 evaluates whether the property is suitable for acquisition, rehabilitation, development, long-term ownership or another project strategy.
Negotiation and Due Diligence
Any proposed transaction remains subject to negotiation, inspections, title review, financing, internal approval and final documentation.
What Latitude 98 Looks for in a Brokerage Relationship
Latitude 98 values brokers who provide:
- Accurate information
- Clear communication
- Realistic owner expectations
- Appropriate confidentiality
- Complete disclosure of known issues
- Professional documentation
- Timely access to the property
- Respect for existing relationships
- Understanding of development transactions
- Opportunities that match our stated criteria
- A long-term relationship mindset
Strong brokerage relationships are built through trust, consistency and professional conduct.
What Brokers Can Expect From Latitude 98
Brokers working with Latitude 98 can expect:
- A professional review of qualified opportunities
- Direct communication
- Respect for documented brokerage relationships
- Requests for additional information when needed
- Property-specific evaluation
- Confidential handling of sensitive information
- Honest feedback regarding potential fit
- Clear discussion of next steps when an opportunity advances
Not every property will align with Latitude 98’s development strategy, and not every submission will result in an offer or transaction.
Acquisition and Partnership Structures
Depending on the property, Latitude 98 may consider arrangements such as:
- Direct acquisition
- Option agreement
- Seller financing
- Ground lease
- Joint venture
- Development partnership
- Contribution of land to a project
- Acquisition following entitlement or due diligence
These are examples of arrangements that may be considered. Latitude 98 does not promise that every structure will be offered or accepted for every property.
Confidential Opportunities
Certain property owners may require confidentiality before releasing financial, operational or development information.
Latitude 98 may consider reasonable confidentiality arrangements when:
- The property is not publicly marketed
- The owner operates an active business at the site
- Tenant or resident information is involved
- Development plans are commercially sensitive
- Public disclosure could affect operations or negotiations
Confidentiality requirements should be disclosed before sensitive documents are submitted.
No Guarantee of Acquisition
Submitting a property does not create:
- An agency relationship
- A brokerage agreement
- A commission obligation
- A promise to make an offer
- A commitment to purchase
- A development partnership
- A joint venture
- An obligation to reimburse expenses
- An exclusive relationship
Any acquisition, brokerage compensation or partnership must be established through separate written agreements.
Building Long-Term Broker Relationships
Latitude 98 seeks relationships with brokers who understand residential development, distressed-property acquisition, small multifamily real estate, public-purpose housing and specialised assets.
A broker may initially introduce one property and later become a trusted source for multiple development opportunities.
The Latitude 98 website strategy identifies real estate brokers as an important partnership audience and recommends a dedicated pathway for submitting land, distressed assets, small multifamily properties, aviation real estate and other development opportunities.