Saunders Auctions successfully sold the remaining parcels of the Florida Agricultural Portfolio at a real estate auction on October 5, 2021 in Vero Beach, Florida. All bids were received within one (1) hour of the auction opening. A total of 5,612.07 ± acres were sold with bids being submitted in person, over the phone, and online.
Auctions provide a concentrated channel for landowners to sell properties to highly targeted buyers in a very short timeframe. The auctions team at Saunders Auctions works with clients to develop the most appropriate auction structure for their portfolio and then create an aggressive marketing campaign to draw in the most qualified buyers.
If you’re interested in exploring auctions as an alternative to traditional real estate listings, our experts are standing by and available to discuss your goals.
Recent Auction Details
The Florida Agricultural Portfolio offering is a unique opportunity to acquire large-scale agricultural landholdings with significant appreciation potential in one of the fastest-growing areas of the United States. The 9,900-acre collection of 11 parcels spans Indian River, St. Lucie and DeSoto Counties with contiguous tracts as large as 2,622 ± acres. They include a diversified portfolio of citrus groves, farms, and agricultural properties in warm, easily accessed locations. Many of these parcels are in a developmental path with significant upside. Those tracts with directly operated citrus crops benefit from a combination of short and long-term fruit contracts. The facilities are well maintained and include fixed assets such as barns, pumps, irrigation, and drainage systems.
Established groves bring income through both leases and direct farming operations. Historically, the farmland parcels have been leased to a diversified mix of agricultural tenants. Land use optionality is limited only to the imagination: Solar/energy crops, hemp, specialty citrus crops, residential/ranchette development, water farming, conservation, bamboo, vegetable production, ornamental horticulture, carbon credits, recreational uses, plant-based proteins, and more.
We are accelerated marketing specialists that use the auction method for successful real estate sales. Our team of experienced professionals are real estate and auction industry veterans with a track record of proven results.
We offer live onsite and online auctions for all types of real estate including: Commercial Buildings, Agricultural Land, Condominiums, Development Tracts, Apartment Complexes, High-rise Towers, Recreational Property, Municipal Buildings, Warehouse and Distribution Facilities, and more!
Our team comprised of leaders and professionals in the real estate and auction industry handle the successful sale of real estate on both a local and national level, including land types such as ranches, farmland, citrus groves, recreational land, timberland, bulk lots and entitled land, residential development land, and conservation easements.