Address19600 Sr 70, Okeechobee, FL, 34974

Price$29,000,000

  • Land

    Exceptional opportunity to purchase an operating sod farm with all modern features to produce Grade A sod in a premium location. With market trends growing, development expanding, and low inventory of cleared lots there is a high demand for new homes. The property's sod production net income gives the business an attractive capitalization rate.The property features sod fields that are laser leveled and a canal system designed for irrigation and drainage for optimum production per acre. The farm and its 10+ employees is incorporated of building structures, overhead irrigation, wells, and farm equipment that are synchronized and maintained for growing sod. The farm's infrastructure enables employees' optimum conditions for production. All current inventory of Sod included.

    Essential Information

    • MLS® #RX-10742590
    • Price$29,000,000
    • HOA Fees$0
    • Taxes$13,458 (2020)
    • Acres1,363.50
    • TypeLand
    • Sub-TypeAgricultural
    • StyleNo
    • StatusActive

    Community Information

    • Address19600 Sr 70
    • Area5940
    • SubdivisionN/A
    • CityOkeechobee
    • CountyOkeechobee
    • StateFL
    • Zip Code34974

    Amenities

    • ViewCanal, Pond
    • Is WaterfrontYes

    Exterior

    Additional Information

    • Days on Website152
    • Zoning69 - ORNAMENTA

    Listing Details

    Utilities

    Electric, Irrigated Water, Phone Line, Septic Sewer, Well Water

    Waterfront

    Canal Width 121+, Navigable

    Lot Description

    50+ Acres, Dirt Road, Paved Road, Private Road, Public Road, Shell Rock Road

    Office

    Equestrian Sotheby's International Realty

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