Priced far below appraised value, this is one of the best values for a large tract of land in all of Florida. The tract includes approximately 2,314 acres in Taylor County, Florida just southeast of the town of Perry. Substantial quantities of pre-merchantable timber can provide cash-flow in coming years to minimize carrying costs while the land appreciates. The property has gone through an entitlement process to divide it into 130 individually deeded tracts of approximately 15 to 25 acres. Similar smaller tracts in this area are selling for approximately $7,000 to $10,000 per acre. A management strategy that includes selling these smaller tracts over the next few years and selective harvesting of timber could provide a significant return on investment for a savvy investor. The property can be sold in tracts of 744 acres, 797 acres and 773 acres or additional land can be assembled to provide up to 8,000 acres. The property has been substantially discounted to only 62% of the appraised value and a motivated seller says bring all offers.

Contact:

Michael Bull, CCIM

404.876.1640 x101

Michael@BullRealty.com

Darrell Chapman

404-876-1640

Darrell@BullRealty.com