Bay Grove - Florida Agricultural Portfolio
County Road 763, Arcadia, Florida 34266
Sold: $1,550,000
Property Details
Property Type
Land
Building Type
Freestanding
Land Size
316 acres
Zoning
Agricultural Zoning 1 DU per 1
Property Description
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.
- 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