To a Floridian, that's a deal. 43 acres for 1/2 a mil. Most houses in our neighborhood have been selling for 350-500 thousand and they're just on a 100 x 100 lot. Taxes for somebody just buying in will be at least 6,000 a year, and insurance rates (if you can get insurance) is steadily rising.
Still, I read an article that said they expected the growth of population in Florida to skyrocket in the next few years.
Go figure!
Folks that bought years ago, as we did, are okay because our taxes are capped, and we paid very little for our home so our mortgage is paid off. But if we wanted to move and stay in the area, we'd be hit with high taxes on the new home. So many folks that "cash out" choose to move out of state to avoid the higher taxes on a new home.
My house is old but it is in pretty good shape but the land is beautiful. Our plan was to live in the house until we built a new one and then rent out the old house but once it was paid for I refused to go back in debt. LOL We have approximately 30 acres in hay fields (cleared) and the rest in hardwood. The land is very gently rolling with a gradual climb. At the top you can see the whole valley for miles. When we bought this farm in 1989 we paid $78,000 for it. It's been paid off for several years. People in Florida are begging for property like this.
My property taxes on the land, house, and a large 30X20 metal building are only $600 a year. :-)