$9,000,000
For Sale

3290 AUBURN STREET

Sebring, FL 33870
926.10 acres | #T3510242
Browse 3 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

926 acres of Income generating Citrus farm !! An amazing opportunity under 11K for one acre. Situated in Sebring in Highlands County Florida. Property includes 7 wells for irrigation. Property is located near high way 98. Many young trees to reset the production. Growing environment and highly productive soil provide for very high production. Verities to include Hamlin, Valencia, Pineapples, and Parson Browns averaging 265 boxes over the past two years. Centrally located in Florida providing good access to processing and packing facilities. Possibility of any and all other fruits and vegetable farming. The property benefits from microjet irrigation. SFWMD permits that allow up to 746 million gallons annually. HUGE TAX BENEFIT WITH CITRUS DEPRECIATION. Reach out for more details. EXISTING CURRENT FRUIT CONTRACT IN PLACE. ABOUT 400k ANNUAL INCOME FROM THE LEASE.

  • Property Details
      • Acres926.1
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility SourceCanal/Lake For Irrigation
      • Utility FeaturesElectricity Available
      • Sewer InformationSeptic Needed
  • Community and Neighborhood Details
      • CountyHighlands
  • Financial Details
      • Original List Price$10,000,000
      • Taxes Annual$5,078
      • Days on Market (Cumulative)256
  • Other
      • MLS #T3510242

Location

William Barnes | BrokerReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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