Timberland investment with excellent recreational potential or investment/recreational tract sales. Property is located just north of DeFuniak Springs, Florida on State Highway 83, approximately 16 miles from downtown. The property is also less than 4 miles from the Florida/Alabama state line.
The property has paved road frontage on several county roads. There are numerous internal woods roads. This is good quality timber growing land located in a very active timber market area. The property was previously being offered for sale subject to the seller reserving the remaining merchantable planted pine and a small stand of merchantable natural pine. It is now being offered for sale without this reservation. Clear-cut timber sales have been ongoing since late 2008 with the majority of the sales now completed or almost complete. Reforestation of these harvested acres has not begun. No additional timber sales are being advertised at this time. There is a small brick home located on the property and a 38 acre fishing/duck hunting lake.
The Glendale Tract is now available for a reduced price of $5,670,000.
Approximate percentages and acres by land use:
Plantable --- 66% --- 3,334 acres
Bottomland & Lake --- 32% --- 1,610 acres
Open & Utility --- >1% --- 65 acres
Approximate percentages and acres by land type:
Planted Cutover or Sold --- 36% --- 1,785 acres
Bottomland --- 31% --- 1,572 acres
Planted & Natural --- 20% --- 986 acres
Premerchantable Planted --- 8% --- 402 acres
Natural Lowland Cutover --- 3% --- 161 acres
Open & Utility --- 1% --- 65 acres
Lake --- >1% --- 38 acres
A soil map is located at the end of the photos of the property.
We have provided information about this property solely for the convenience of the prospective buyer. Neither the seller nor the agent or their representatives guarantee or warrant any of the information.
For more information, contact:
F&W Forestry Services, Inc.
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