| DEER RUN RD DEER RUN RD Other City - In The State Of Florida, FL 32344 |
| Price: $749,000 |
| Type of Property: Unimproved Agri/Recreatn/Moblhome | Area: 5940 Florida Other |
| Style of Property: Income (Timber) |
| ID#: 1011400002 | Zoning_Information: AG-PINE-TIMBER |
| Tax Amount: 135 |
| Status: Active & Available | Tax Year: 2022 |
Approximate Lot Size: 67.4 ac
|
| County: Other Florida County |
| Folio Number: 30-1N-4E-0000-0011-0000 |
| Listed Date year/month/day: 2023-06-07 |
| Legal:47.8 AC, SW 1/4, & SE SE 1/4 OF SW 1/4-ORB 257 P137 |& 323 P199 & 199 & 471 P, 176 & 557 P 540 & 715 P 338 |
***SUPERB PASSIVE INVESTMENT*** Prime N Fl timber tract. 67+ ac (multi-folios). Owner advise $100,000+ existing marketable timber. Timberland often seen as a portfolio diversifier as it tends HEDGE against inflation. The NCREIF posted 4th quarter & annual returns for their Timberland Index, (representing 464 investment-grade timberland properties with market value of $24.5 billion) at 4.89% return for the 4TH quarter of 2022. Of the 1.3 billion ac of private agricultural land in the United States, foreign entities fully or partially own roughly 40 million ac valued at $74 billion in 2021. The top 5 U.S. 0wners of farmland (total ac) in the US are Bill Gates, 242,000. Ted Turner 200,000. Stewart & Lynda Resnick1 92,000. Offutt Family 190,000. The Fanjul Family 152,000. contact listing agent |
