Sold Price: $3,200 per Acre
Property Size: 3,588 Acres
Location: Near White Springs, FL
Category: Hunting & Recreational Land, Hunting and Fishing, Riding and Abundant Nature, Waterfront Land, Year-Round Recreational Property with Fishing
Improvements: 658 acres deep freshwater lakes, Excellent improved road system, Dove Field, Barn
Tax: $10,051.74 in 2018
Property Description
Arguably the most diverse mixed use development property in Florida encompassing 3,588 +/- manicured acres with 658 acres of deep freshwater lakes specifically designed for optimal trophy bass habitat. The fishing opportunity on this property could not be re-created for any reasonable amount of money and offers the incredibly rare opportunity to own a plantation with quality hunting and unparalleled bass fishing, making it a year-round plantation. No other property in the Country can offer the combination of world-class trophy bass fishing, quality hunting and proximity to major metropolitan population centers. Located just north of the intersection of I-10 and I-75 this property is easily accessed from anywhere in north and central Florida and is only 4 hours south of Atlanta. Lake City Regional Airport can land any private plane and has some commercial flights and is just 16 miles away.
The investment potential here is really two different opportunities. 2,000 acres of this property have been re-zoned to Mixed-Use allowing up to 2,050 residential units and various densities of development while 1,500 acres already have a conservation easement in place. The Property adjoins Big Shoals State Park in the Suwannee Valley Corridor and is a high profile candidate for further conservation and tax deductions. A thoughtfully designed development along its miles of shorelines and natural, well-managed uplands is also a possibility, or a combination of both conservation and development. The Property is 45% uplands, 37% wetlands and 18% lakes. The lakes on the property range in size from 24 – 330 acres.
The hunting opportunity should not be underestimated, this property boasts significant populations of migrating waterfowl due to the incredible water on and surrounding the property along with excellent turkey and dove hunting and even some wild quail. The deer hunting is also very good. The old farm site contains numerous old southern live oaks and pecan trees and would be a great site to build your lodge, it does contain an enclosed pole barn at present time with utilities and overlooks one of the lakes.
Portions of this property are a reclaimed phosphate mine, however great care and attention to detail were given to the reclamation. The Seller has significant experience with restoration of wildlife habitat on these types of properties and no detail was overlooked in the process. Timber stands on the property are growing remarkably well and encompass 1,464 acres of the property. Full timber inventory data available upon request.
Broker Comments:
Suwannee Valley is such an incredible property. The recreational opportunity is year round and the lakes separate it from any other in the Southeast. Florida continues to be an outstanding state for business and families and this property is situated at the intersection of 2 of the busiest interstates in the Country along with mixed use zoning, conservation potential and 5 beautiful lakes comprising 658 acres of freshwater. I enjoyed working with the Sellers and this property so much, it will be sad to see it go!
Hunter Brant
President and Broker Oakwood Realty Group