55 Ellie Lane, Venus, FL 33960

$2,162,370

Property Description

308+ acre cattle ranch with a home and cattle pens is fenced with some cross fencing. This ranch has a mixture of Bahia grass and native range land. There are some nice wildlife habitats for deer, turkeys, hogs, and quail. The wax myrtle may also have landscape marketing potential. Frontage on both Ellie lane with 5,200 feet to the south and Lott Grade with 5,200 feet to the north offer another opportunity for dividing into smaller tracks. Soil texture is well suited for growing sod, pasture, hay, watermelon, Blueberry, and Citrus. At only $7,000 / acre, this is an excellent value in today's Florida real estate market. Immediate cash flow potential: cattle, sod, whole sale wax myrtles, hunting lease (deer, hog, turkey), air B&B @$1,500 per week (with existing home with at least 29 more to be added providing $540k PGI),Current Home is 3 bedroom 2 bath block/stucco construction with metal roof & carport 1188 LSF 1,568 TSF

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Listing courtesy of ADVANTAGE REALTY 1.