Coldwell Banker Commercial Saunders Real Estate recently closed two transactions of 2,283 +/- total acres in the two Florida counties of Indian River and Okeechobee. Representing nearly $10M in cash transactions by buyers, the ranch and grove sales show that the land market is becoming more active.
Coldwell Banker Commercial Saunders Real Estate associates who handled the 1992 +/- acre ranch deal in Okeechobee County are Jeff Cusson and Richard Dempsey, ALC. Real Estate Associate Jeff Cusson handled the Vero Beach Ranchette deal in Indian River County.
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| Richard Dempsey, ALC |
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| Jeff Cusson |
At 1992 +/- acres, an Okeechobee County ranch recently sold for $8,172,000. The transaction was a cash deal for investment and family retreat. The property sale Included over a mile of frontage on US 98, a 3,500 SF home, guest home, stables and various personal property.
Vero Beach Ranchette – Indian River County, Florida
In Vero Beach, 291 +/- acres on 82nd Ave. sold for $1.6M. It was formerly a citrus grove and is zoned one unit per five acres with 2000 ft. of frontage on Ranch Road (82nd Ave). This also was a cash purchase for an investment and future family use.
For more information, please call Jeff or Richard at 863-648-1528!
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