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For Sale

Green Island Ranch

$140,000,000

St. Cloud, Florida

5,977 ± AC

PROPERTY DETAILS

Property Type: Land, Land Investment, Ranch, Residential Development

Location: St. Cloud, Florida

Frontage: 2.5 + miles of lake frontage on Lake Tohopekaliga

County: Osceola

Price Per Acre: $23,423

Zoning: Opportunity to develop up to 17,000 residential units with additional commercial and mixed-use projects


Green Island Ranch is one of the most extensive tracts in Osceola County, spanning 5,977 ± acres. This scenic property is incredibly unique due to its size, history, and location within one of the fastest-growing regions in the United States and because it is an entitled mixed-use development for up to 17,000 residential units.

For over 100 years, this working ranch has been in the Partin family’s ownership and, at one time, was the largest ranch east of the Mississippi at 60,000 acres. This family holds an esteemed position in Florida’s history since the first patriarch arrived in 1847.  The Partins introduced Brahman cattle and quarterhorses to Florida. Later, their quadrille horsemanship performances morphed into the famous Silver Spurs Rodeo. It is truly a rare moment to be able to purchase a property of such distinction.

The development potential of Green Island Ranch is expansive and open to the unique interpretation of the buyer. In 2008, a Development Regional Impact (DRI) plan for 13,000 residential units with additional commercial and mixed-use projects was approved. In place until 2030, this DRI offers a clear path to rapid development. However, since the sellers received the DRI approval, the Osceola County Commission also added the South Lake Toho Element to the Osceola County Comprehensive Plan. This more recent plan supports development of up to 17,000 residential units in a higher density residential market than the approved DRI. The county’s comprehensive plan includes supportive recreational amenities in conjunction with non-residential uses to create a flexible live, work, and play environment. Please refer to pages 8-13 of this document for detailed information about these two development approaches.

Green Island Ranch is situated amid incredible demographic growth in Central Florida near Orlando, Disney World, and the region’s numerous popular destinations. Florida is more than just a place to visit, though. About 900 people per day continue to move into the state, driving demand for residential property and commercial projects that support new communities.

Another exceptional quality of Green Island Ranch is its proximity to a new expressway which is part of a sizable regional connectivity project, and the Florida Turnpike also runs through the property with an exit just six miles away.

This property truly offers a rare opportunity to develop a large, historic tract with highlydesirable location and connectivity in one of the fastest-growing areas in the nation.

History and Current Use

Owned by the Geech Partin family siblings, Green Island Ranch has been in the family for over 100 years. The Partin family heritage in Florida began in 1847 when Hugh Gilmore Partin traveled into Florida on foot from Georgia, venturing deep into what is now Seminole, Osceola, and Orange counties.

The family grew and prospered in Florida. Hugh’s grandson, Henry O. Partin, founded the Heart Bar Ranch in Kissimmee, the largest ranch east of the Mississippi in its prime encompassing 60,000 acres. They established Florida’s first herd of Brahman cattle and brought the first quarterhorse to the state.

In 1943, Henry O. Partin started a riding club that featured a unique quadrille performance which was a unique type of square dance on horseback. The popularity of the quadrille would later morph into the now world-famous Silver Spurs Rodeo, an iconic event in Osceola County.

Today, the Partin family heritage continues at Green Island Ranch, a working cattle ranch and sod farm with standing timber for harvest.

 

Dean Saunders, ALC, CCIM

Founder, Managing Director & Senior Advisor

863.774.3522

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