How is Agricultural land selling in Fla. per acre?????

In Selling Property - Asked by Roger L. - Nov 11, 2008
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Answer(s)

Jeremy H.
Broker/Agent
Jacksonville, FL

I have had an abnormally large interest in "ag" land as of late. Most of it is from out of state investors looking to park money for awhile. I haven't been able to close much, however. That is due the buyer/seller not coming to terms.
Let me know if I can help.
Jeremy Hill
904-962-0992

Nov 13, 2008
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Curtis P.
Appraiser
Indialantic, FL

We had seen sales of up to $10,000 per acre during the boom. Orlando Sentinel today reports a sale of Econ Basin land at $4,500 per acre. 100% wetland sales are being purchased for speculation, the high was $4,500 per acre, with some mixed wetland/upland sales at $2,500 per acre. This is from a Brevard County / Central Florida perspective. Hope this helps.

Nov 13, 2008
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Bjorn R.
Broker/Agent
Fort Myers, FL

How about income producing citrus groves?? Park money and have some good cash flow at the same time. Here in SW Florida we saw citrus land sales go over $20,000 per acre for a decent grove. Many good groves are still asking around that figure as well. However there are some good deals right now if you can buy under $10,000 per acre on a good crop producing grove. We have one available if there is any interest.

Nov 13, 2008
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