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$29,000,000
19600 Sr 70, Okeechobee, FL 34974
0 Beds
0 Baths
n/a sqft

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Exceptional opportunity to purchase an operating sod farm with all modern features to produce Grade A sod in a premium location. With market trends growing, development expanding, and low inventory of cleared lots there is a high demand for new homes. The property's sod production net income gives the business an attractive capitalization rate.The property features sod fields that are laser leveled and a canal system designed for irrigation and drainage for optimum production per acre. The farm and its 10+ employees is incorporated of building structures, overhead irrigation, wells, and farm equipment that are synchronized and maintained for growing sod. The farm's infrastructure enables employees' optimum conditions for production. All current inventory of Sod included.
  • Price:
  • $29,000,000
  • Acreage:
  • 1,363.50
  • Listing ID #:
  • RX-10742590
  • Street Address:
  • 19600 Sr 70
  • City:
  • Okeechobee
  • State:
  • Florida
  • Postal Code:
  • 34974
  • County:
  • Okeechobee
  • Community:
  • 5940
  • Listing Status:
  • Active
  • Listing Type:
  • LandDevelopedVacant
  • Building Faces:
  • North
  • Miscellaneous Features:
  • Clearing Required
  • View:
  • Canal, Pond
  • Conforms To Zoning:
  • 69 - Ornamenta
  • Existing Land Use:
  • Agricultural, Mobile Home
  • Land Improvements:
  • Cleared, Ditched, Drainage, Fenced, Irrigation/Sprnklers, Pasture, Septic, Utility Building, Well
  • Lot Description:
  • 50+ Acres, Dirt Road, Paved Road, Private Road, Public Road, Shell Rock Road
  • Road Type:
  • City/County Maint., Country, County Road, Dirt, Gravel / Lime, Private Road, Public, State Road
  • Soil Type:
  • Dirt, Other
  • Price Per Acre:
  • 23468.32
  • Price Per Acre:
  • 21268.79
  • Terms:
  • Cash
  • Location Description:
  • County
  • Property Taxes:
  • $13,458
  • Tax Year:
  • 2020
  • Buildings Included:
  • Mobile Home, Utility Building
  • Waterfront:
  • Yes
  • Waterfront Description:
  • Canal Width 121+, Navigable
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Equestrian Sotheby's International Realty
  • PALMBCH