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Bluffs Of St. Teresa

Us 98 : St. Teresa, FL 32346

Franklin County, Florida

17,080 Acres
$50,000,000
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Farm Description

Situated among rolling hills along the scenic shore of the Gulf of Mexico, the Bluffs of Saint Teresa is over 17,000 acres of magnificent land with characteristics that are truly unique. There is nothing like it in Florida or on the northern Gulf coast today.

The Bluffs of St. Teresa represents what early Florida visitors called paradise, and for a savvy land buyer, offers a rare opportunity to invest in it. Florida’s allure, from its early days to the present, begins with three fundamental traits that set it apart from every other state - our abundant sunshine, year-round beautiful weather, and easy access to water. While these qualities are in ample supply at the Bluffs of St. Teresa, they are just the beginning of its story.

This property is secluded, yet accessible to the Big Bend area of Florida’s eastern panhandle and shares a contiguous border with Bald Point State Park on the Gulf of Mexico. US 98 fronts the acreage for a total of 9 miles and the capitol city of Tallahassee is a short 45 minute drive away. The beaches of Alligator Point, communities of Panacea, and St. Teresa are all just minutes from this property.

There is an astounding 17 miles of frontage on some of Florida’s most beautiful waterways, including 2 miles on the Gulf of Mexico, over 6 miles on Ochlockonee Bay and 8.5 miles on the lazy winding Ochlockonee River. No large, single property available in the state of Florida today can lay claim to this same feature.

The majority of the acreage is uplands - high and dry - with sandy soils and picturesque bluffs that quickly rise to 20 feet in some areas. The soils are well drained, ensuring opportunity for residential and commercial development. The Bluffs of St. Teresa is currently managed for timber production with most of the uplands planted to pine. Continuation of the forestry program can produce an uninterrupted revenue stream until the property is developed. However, the fundamental attraction of this land is its sheer beauty, uniqueness, and future potential.

An investor with vision will also see this property’s long-term appreciation and wealth preservation as solid reasons to invest in its future. The Bluffs of St. Teresa, located in paradise and accessible, with uncommon attributes and future potential make it difficult to imagine a piece of land with more appeal.

Maps & Files

More Farm Details

Agricultural Zoning
Flat Terrain
Paved Road Access
FARMFLIP ID
97870
Posted on FARMFLIP
723 Days Ago
Last Updated
102 Days Ago

Price History

6/9/17
$50,000,000
$-12,000,000
-19.4%
2/16/16
$62,000,000
$9,000,000
17.0%
2/12/16
$53,000,000
$-9,000,000
-14.5%
Farm features, descriptions, details, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by FARMFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the advertiser directly regarding this listing.