This Property is Off-Market
Fernery Seville, Florida (Reduced and Motivated)Us Highway 17 , Seville , FL 32190 | Volusia County, FL
|Listing Status:||Off Market|
|Cropland Acres:||Contact seller|
DescriptionDrastically Reduced This beautiful 51+ Lakefront acres has been subdivided into 10+ acre parcels to give the new owner the opportunity to sell 5 separate lots which 4 have lakefrontage or it would make a great site for a family income producing estate. There is an ongoing Fernery operation that covers approximately 60% of the property that has a 3 year renewable agreement with the reputable Fern Trust Coop (see their website). The Fernery is fully equipped to continue it's present operation of averaging a $58k annual NOI. It is irrigated by twin 3208CAT Diesel Engines drawing from a large spring fed lake that fronts approximately 1100' of the property. There is an additional working Diesel Engine ready to operate should be needed. Most of the remaining approximate 40% of the land is in grassy pasture that could be cut for hay or cattle grazed for extra income and/or would make a great Ranch type home setting with spacious lake frontage. Entertainment activities such a water skiing and fishing would be at your door step.
Map of Fernery Seville, Florida (Reduced and Motivated)
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This Property is Off-Market. Last modified on 9/30/2015