Under contract-accepting backup offers. This 213-acre property, located in Hardee County, just southeast of Zolfo Springs, offers a prime opportunity for agricultural investment with possible seller financing available. With a rich history of high production in early and Valencia varieties, the land is equipped with two 12" Cat diesel-powered wells that provide reliable water distribution through a micro sprinkler system featuring blue and green jets, delivering flow rates of 2,700 and 2,200 GPM for efficient low-volume irrigation. The property features excellent Smyrna, Myakka, and Immokalee soils, which are ideal for transitioning to row crops, nursery operations, or other agricultural uses, thanks to their superior drainage and fertility. Additionally, being located within an Opportunity Zone provides significant tax advantages for investors. With its strong history as a quality grove, this land is well-suited for conversion to other agricultural operations, making it a versatile and valuable investment.
0 Johnston Rd, Zolfo Springs, FL, 33890
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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