Showing posts with label Florida real estate. Show all posts
Showing posts with label Florida real estate. Show all posts

Friday, May 28, 2010

Lake Walk in the Water…a Florida Land to be Remembered

As a place to experience old Florida, the Lake Walk in the Water Ranch is a 2,235 acre site with over 7,000 feet along the south shore of Lake Weohyakapka. “Walk in the water” is the translation of the Indian word “Weohyakapka.” The sand bottom lake is 7,500 acres in size and is widely known for great fishing.

A cultural resource assessment completed by the current owners a few years ago documents that the ranch was actively used for turpentine production. Herty cups were clay pots designed to be attached to pine trees in order to collect the turpentine. Several fragments were found on the site. Shards of several other types of pottery were discovered during the site inspection that indicated the site was also used extensively in the distant past for collecting fish, shellfish, and other wildlife.

In addition to the various artifacts that were discovered near the lake, an artesian well that most likely was used during the turpentine days was found. I have seen some of the pieces of old Herty cups by that well.

A more “colorful” part of the history of this tract is evidenced by the very long, grass airstrip that still exists. Back in the ‘70s, the property was owned by a group that decided to maximize their investment by getting into the importing business. Although the profit potential was pretty high, the federal government didn’t think this was an “appropriate use” and confiscated the property giving the owners an “all-expense-paid long-term vacation.”

After the Feds didn’t need the property any longer, they sold it to a local family. That family used it for many years as a part of a wild game hunting business and cattle production. The property is currently being offered for sale by the present owners.

Today the property has been fenced and cross-fenced and is primarily used for cattle production. About 1,400 acres of the tract have been planted with improved grasses. Various ponds and a small creek provide water for the cattle. About 35 acres have been developed with a good quality citrus grove that adds to the overall tract income.

The 400 or so acres of native woods, pine and palmetto flatwoods provide a great habitat for the numerous turkey, deer, quail and all types of wildlife that call this property home. In addition, a large area in the northwest corner of the tract looks like a quail plantation in south Georgia and has been set up as a perfect place to hunt quail.

Our State has done a great job preserving the lands that characterize native Florida. Whether to preserve natural resources, or protect habitat for Florida wildlife species, that effort has largely been led by Florida cattlemen. Just as important though, the owners of today’s ranches are not only actively using their land to support their families, they are preserving a valuable part of our Florida history. I have heard it said that farmers and ranchers are the first environmentalists. I believe that to be true.

Read entire article:

"Lake Walk in the Water ... a Florida Land to be Remembered" as published by The Florida Cattleman and Livestock Journal May 2010.

About this listing:

Online listing information
PDF of Flyer

Call 863-648-1528
www.saundersrealestate.com

About the author, Richard Dempsey:

Richard is a Realtor® with Coldwell Banker Commercial Saunders Real Estate and is currently the President of the Lakeland Association of Realtors® (LAR). He specializes in large acreage tracts, citrus groves, and development properties.

Wednesday, May 19, 2010

Upscale Lakeland Estate and Hunting Tract Right Here in Lakeland

Who knew that Lakeland had such a grand estate and hunting ranch oasis right in its own backyard?

A gorgeous 7,560 SF under roof (6,232 SF living area) grand estate home sits on 120 +/- acres of Florida's best scenery. This is a beautiful home with everything you want...including the furniture!

For the hunter, there are plenty of deer and turkey on the property. The owner is a builder and spared no expense in the construction, upgrades, and amenities!



For more information call 863-648-1528 and ask for Clay Taylor.
Please visit our web site at www.saundersrealestate.com!

Wednesday, April 8, 2009

Dean Saunders Receives Global and Regional Real Estate Industry Sales Awards

Dean Saunders has recently received recognition for sales performance in 2008, taking home multiple awards from regional industry organizations, as well as Coldwell Banker Commercial Affiliates.

Dean was recently awarded the Number One Global Sales Professional in the entire CBC affiliate network, worldwide.

He continues to lead Coldwell Banker Commercial Saunders Real Estate to the Commercial Elite top 15 companies in the CBC global network each year.

Coldwell Banker Commercial Awards:
• #1 Sales Professional Global
• #1 Sales Professional Domestic (USA)
• #1 Sales Professional in the State of Florida
• #1 Sales Professional by Specialty - Land
• #1 Sales Professional in Company Overall - Dean Saunders
• Circle of Distinction Award – Platinum
• Commercial Elite Office (Top 15 CBC offices worldwide)

CFCAR Awards (Central Florida Commercial Association of Realtors)
• Hallmark Award - #7 Top 10 Overall Producers
• Hallmark Award - #2 Top 10 Land Producer
• Hallmark Award – Top Producer – Polk County

FGCAR Awards (Florida Gulf Coast Commercial Association of Realtors)
• Pinnacle Award - #1 Top Producer, National / LAND

Monday, November 17, 2008

Coldwell Banker Commercial Southeastern US Q3 Market Report

Here is your copy of the Southeastern US 3rd Quarter Coldwell Banker Commercial ViewPoint
Commercial Real Estate Market Report:
Download Here.

Florida Notes:

Market Conditions Kill Ritz-Carlton Project in Tampa
Developers of Ritz-Carlton Tampa Bay blame market conditions and timing for placing the $420 million project on hold. The developers were apparently unable to obtain financing even though they planned to provide $90 million of their own money for the project.

Florida Real Estate Experts Staying Calm
Florida real estate experts are not panicking in response to the national economic crisis, according to a recent survey by the University of Florida. Florida’s housing crisis is worse than in other states, Archer said. But respondents to the survey think the state will benefit the same way it has in the past, by capitalizing on retirees. But the recent drops in the stock market and the tightening of credit will probably delay the plans of retiring baby boomers, Archer said.

The sale of Winter Garden Village, Winter Garden, FL
A 1.14 million SF regional shopping center, located in Winter Garden, FL has been sold.

110,600 SF Industrial Property in Orlando Under New Ownership
The 110,600 SF industrial property in Orlando has just come under new ownership, courtesy of Monmouth Real Estate Investment Corp.'s acquisition from FE Orlando Investment L.P

215,000 SF Coral Gables, FL Office Project Has First Space Commitment

Rockefeller Group Business Centers Inc. has become the first business to commit to space on the tenant roster at Ponce de Leon Towers, a 215,000 SF office project in Coral Gables, FL.

Southeast Commercial Market Notes:

Southeast Has Retail Edge - Region fairing better than the rest of the country.According to developers and brokers in the Southeast, retail development in this part of the country is handling the slumping development market with more tenacity than the rest of the United States.

Southeast OFFICE - Summary of Market

  • Miami was ranked in the top five for the Southeast for Retail Vacancy and Rent Growth for this quarter.
  • The number of Office transactions that occurred in the Southeast for this quarter continued its downward slope as well as transaction dollar volume.
  • Out of the 359 Office transactions in the US for this quarter, only 83 (less than 25%) occurred in the Southeast.

Southeast APARTMENT - Summary of Market

  • Columbia was ranked in the top five for the Southeast for Apartment Inventory and Rent Growth for this quarter.
  • The number of Apartment transactions that occurred in the Southeast for this quarter continued its downward slope but transaction dollar volume remained flat.
  • Out of the 77 Apartment transactions in the Southeast for this quarter, 33 (over 40%) occurred in Atlanta.

Southeast RETAIL - Summary of Market

  • Baltimore was ranked in the top five for the Southeast for Retail Vacancy and Inventory Growth for this quarter.
  • The number of Retail transactions that occurred in the Southeast for this quarter continued its downward slop, how-ever transaction dollar volume increased slightly.
  • Out of the 272 Retail transactions in the US for this quarter, 56 (only 20%) occurred in the Southeast

Wednesday, October 22, 2008

Tax Advantages for Landowners Who Sell a Florida Conservation Easement

This article may also be found in its entirety here:
CBCMarketConnect.com
LandThink.com
The pathway to conservation easements
is not always a straight linebut,
more often than not,
is worth the trip.
[Dean Saunders, ALC]

Most landowners are interested in tax advantages when considering a conservation easement. Landowners may receive income tax advantages that include gifting, tax deferred exchanges, and gains used against the basis value. Tax advantages can also assist in the transfer of property from generation to generation and can lower estate taxes for heirs by maintaining the agricultural classification of the land.

A Generational Transfer may benefit a landowner by lowering the value of the property for estate tax purposes. This happens because after the rights to develop it are sold, the highest and best use of the land is usually agricultural.

Gifting is a using the conservation easement as a donation to the government or to a qualified conservation organization. Gifting is treated as a charitable contribution and results in lower Federal income tax.

A Tax-deferred Exchange is an option allowed by the IRS for landowners who owe capital gains taxes because of the sale of property. This defers paying the tax by purchasing another piece of property instead of paying the tax. Known by several terms, a tax-deferred exchange is often referred to as a Like-kind Exchange or a 1031 Exchange.

The IRS allows a tax exchange for owners who have a capital gain because of the sale of a conservation easement. In my award-winning booklet, “We Create Solutions for Landowners: A Primer on Conservation Easements,” see case study #1 for an example of how this might work for you.

Gains Used Against Basis includes basis as the amount you paid for the property, plus the value of any capital improvements, less any depreciation claimed. If you sell a conservation easement, the IRS will allow you to reduce your basis by the amount of the conservation easement, which may result in you not paying any capital gains taxes. In my award-winning booklet, “We Create Solutions for Landowners: A Primer on Conservation Easements,” see case study #2 that uses this tax advantage.

To take advantage of a Federal income tax deduction, a conservation easement must be perpetual and given to a specific division of the government or a qualified conservation organization. Annually, the division or organization monitors the property to assure that the easement is not being violated.

For more information on conservation easements, land, commercial, and industrial properties; and land and resource management, please visit
www.saundersrealestate.com or call Dean Saunders at 1-877-518-LAND.

~Dean Saunders, ALC (Accredited Land Consultant), is considered in the industry as an expert on process of conservation easements and understands the needs and processes of the government agencies involved. The company, Coldwell Banker Commercial Saunders Real Estate, is located in Lakeland, FL and offers real estate services for land, commercial, industrial and conservation properties, as well as land and resource management.

Tuesday, September 16, 2008

44 +/- Acres Sold to Rooms To Go for $3M by CBC Saunders Real Estate Will Bring Jobs to Florida's Polk County

Click to View Complimentary Articles:
GlobeSt.com
Tampa Bay Business Journal

Clay Taylor, Realtor® and Sales Associate with Coldwell Banker Commercial Saunders Real Estate (CBCSRE), closed a $3M deal for 44+/- acres of prime industrial land in Lakeland, Polk County, Florida that become a strategic location for Lakeland’s sixth largest employer*, Rooms To Go (RTG).
The tracts were sold in August 2008 with plans to expand the RTG warehouse footprint by over 700,000 SF. The approximately $16 million expansion for one of the nation's leading furniture distributors will be the largest warehouse in Polk County.

The two parcels of land come with a rich history of farming, cattle, and direct family ownership for the Tanner family for over 67 years, with extended family ownership since around 1906. Jerry Tanner remarks, “To sell long-held family land can be emotional and complicated but Saunders Real Estate more than met our expectations and far exceeded them in many instances. We are very pleased.”

The new warehouse will help the Polk County economy by bringing in construction jobs and permanent employment for this new facility.

*http://www.lakelandedc.com/MajorEmployers/toptenservices.html

Monday, September 8, 2008

Long-term Opportunity is Still in Florida's Real Estate


What we see today in Florida real estate is a market correction. We have experienced over-exuberant expectations in returns that have been fueled by inexperienced investors in the housing segment. This has created challenges in capital markets. As lenders overreact, less money is available for deals and we see that fewer deals happen. During this time, property values may decline while cap rates increase

Because people like to live and play in Florida, the state remains a preferred destination long-term. Even though the Florida real estate market generally trends up, right now we are experiencing a trough in the cycle.