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Lake Placid Producing Orange Grove 36 acres

29 Stuart Rd, Lake Placid, Florida 33852
Sold: $499,000
Lake Placid Producing Orange Grove 36 acres

Property Details

Property Type
Land
Building Type
Freestanding
Land Size
36 acres
Zoning
Agricultural

Property Description

This 36± acres property is an income-producing orange grove located just two miles from the heart of Downtown Lake Placid, Florida. In 2012, Reader’s Digest named Lake Placid “America’s Most Interesting Town.” Downtown Lake Placid offers shopping and dining amenities as well as 27 freshwater lakes in the area with endless recreational opportunities! The property’s current zoning would allow for 7 single-family residential homesites or 1unit/5 acres. The eastern 21± acres is currently planted in Valencia Oranges and the western 14± acres is primarily planted in Hamlin oranges (1/3 of the acreage being reset with Valencias). Production numbers are available by request. The grove currently has a fruit contract in place that can be terminated at closing. Call today to inquire about this phenomenal opportunity to own a piece of Florida’s Heartland!

ZONING: Au-Ag District
FLU: Ag
ROAD FRONTAGE: 2,000’± on Lost Lake Dr; 2,000’± on Stuart Rd
UTILITIES: The City of Lake Placid is slated to run sewer and water down Lost Lake Drive east within in the next two years, which would put utilities 3,430’± from site

Location