878 +/- Acres in Indian River County Sold for $5.18 Million by CBC | Saunders Real Estate

FOR IMMEDIATE RELEASE (LAKELAND, FL – April 15, 2014) Coldwell Banker Commercial Saunders Real Estate in Lakeland, FL (CBCSRE) announces the recent sale of Takaho Estates, totaling 878 +/- acres and closing for $5,182,914. The property is located in Vero Beach, Florida in Indian River County. Jeff Cusson, CCIM and William “Boo” Graves, from Coldwell Banker Commercial Saunders Real Estate, represented the seller. Cusson also represented the buyer.

The property has 1.5 +/- miles of road frontage on 82nd Avenue in Vero Beach. The land was previously a citrus grove with approximately 300 acres now leveled for farming and is currently being used for cattle grazing.

Cusson is a 40-year resident of the Treasure Coast, where he has been involved in the management and sale of agricultural real estate in the area for more than 25 years.

Graves has been a Florida real estate broker since 1982, specializing in agricultural land and farmland real estate. Graves covers the east Florida coast, is a native Floridian, and a third-generation Indian River County citrus grower.

About Coldwell Banker Commercial Saunders Real Estate

Coldwell Banker Commercial Saunders Real Estate is regarded as an authority on all types of Florida land, transacting over $1 billion in sales from 1996 through 2013. Expanded in 2013 adding the CBC Saunders Real Estate | Forestry Group with advanced timberland expertise, the Saunders team of foresters and land real estate professionals offers advisory and transactional services through the home office in Lakeland, FL and its network of Coldwell Banker Commercial affiliate offices nationwide and worldwide.

CBC Saunders Real Estate offers a broad range of services to meet the real estate needs of Florida landowners. Through long-held relationships with key government and industry decision makers, the firm provides consulting on government issues both locally and on state and national levels. For more information, please visit SaundersRealEstate.com.