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Bay Grove – Florida Agricultural Portfolio

$2,150,000

Arcadia, Florida

316 Acres

PROPERTY DETAILS

Property Type: Farms & Nurseries, Land, Residential Development

Location: County Road 763 South East, Arcadia, Florida 34266

County: DeSoto

Price Per Acre: $6,789

PIN: 33-38-25-0000-0024-000 and 33-38-25-0000-0015-0000

Zoning: Agricultural Zoning 1 DU per 10 Acres


Bay Grove is a 316-acre grove located in Arcadia, Florida with approximately 100% uplands. This grove receives most of its water from four 10-12 inch wells and a distribution system with micro-sprinklers. Bay Grove is one of several included in a larger portfolio of 11,100.9 ± acres spanning across DeSoto, St. Lucie, and Indian River Counties.

This grove was originally planted in 1989 and 1990. Two-row beds help organize the 295 net tree acres with 202 acres Valencia, 27 acres of Hamlins, and 72 acres of fallow land. The balance of ditches and roads helps support the citrus areas. Bay Grove is turn-key and provides a solid foundation for current income production with long term appreciation.

Description: Turn-key grove and provides a solid foundation for current income production
295 net tree acres with 202 acres Valencia, 27 acres of Hamlins and 72 acres of fallow land
3,500 FT on CR 763
Uplands/Wetlands: 316 acres uplands ± acres uplands

Driving Directions: • From US 17 and SR 70 in Arcadia, travel South on US 17 4.9 miles to CR 760A.
• Proceed east on CR 760A 3.8 miles to CR 763.
• Proceed south on CR 763 1.5 miles.
• Gate is on the east side of CR 763

Dean Saunders

Managing Director, Owner

863.774.3522

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Brian Beasley

Senior Advisor

863.774.3527

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Jeff Cusson

Senior Advisor

772.332.9070

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