South Florida Ag Reserve Property Closes for $3.075 Million

FOR IMMEDIATE RELEASE

LAKELAND, FL November 1, 2011 – Coldwell Banker Commercial Saunders Real Estate (CBCSRE) in Lakeland, FL, announces the recent closing of the 112 +/- acre row crop farm and vegetable packing property that is located in the fertile Ag Reserve area of Unincorporated Palm Beach County in South Florida. The property was bank-owned and sold for $3,075,000.

The CBCSRE licensed real estate sales associate who handled the deal was David Goodlett.

The REO property of 112 +/- acres has approximately 100 acres of vegetable farm (pepper and tomatoes) with remaining acres used for workshops, covered entrance areas, sheds, shop bays, and storage buildings. The farm is located west of Boynton Beach and will continue its original use as a row crop farm and for vegetable packing.

About Coldwell Banker Commercial Saunders Real Estate

Coldwell Banker Commercial Saunders Real Estate (CBCSRE) is regarded as an authority on all types of Florida land and conservation easements, transacting over $1 billion in sales from 1996 through 2013. Offering land, forestry, and conservation easement real estate services through CBC Saunders Real Estate and the CBC Saunders Real Estate |Forestry Group, the Saunders team of land professionals and foresters offers advisory and transactional services through the home office in Lakeland, FL, the North Florida office in High Springs, FL, and its network of Coldwell Banker Commercial affiliate offices nationwide and worldwide. We provide services to land and commercial clients through both CBCSRE and our commercial real estate brokerage, Coldwell Banker Commercial Saunders Ralston Dantzler Realty.