About this home
SELLER FINANCING WITH 25% DOWN! This 160 acres of prime farmland is located in Hendry County’s Gerber Groves Water District. Seller will consider dividing, but prefers to sell tracts in 40 acre tracts or more. These parcels all face north (rear - south) with a canal running directly behind the south end. Gerber Groves Water District collects fees with property taxes and these fees go towards maintaining the farming community: roads, canals and water district pumps. Gerber Groves properties benefit from being part of the Gerber Groves Water Control Drainage District with water usage and drainage in place for all Gerber Grove land owners as part of the district’s South Florida Water Management District agricultural subdivision permit. Taxes are paid with property taxes on annual basis. Gerber Groves is located south of LaBelle and north of Felda and Immokalee in a popular farming area with some agricultural offices, packing houses and homes. It is in close proximity to State Highway 29 and in a central location for moving all varieties of crops. Why Gerber Groves? Gerber Groves offers exceptional farmland with the added benefit of a well-managed water control system, vital for successful agricultural operations. This property is located in Section One of Gerber Groves. Section One is the most desired section best for farming purposes. This property is perfectly positioned for efficiency and productivity, making it an ideal investment for serious farmers and investors. Don’t miss this rare opportunity to secure high-quality farmland with flexible financing and additional perks. Seller Financing! 25% Down, 8%, 30 yr am, 5 year balloon.
Listing last checked: Listing updated:
Listed by Sherri Denning, K.C. Stanley Lynn · Southern Heritage Real Estate · MLS #2026029401
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Details at a glance
Interior1 property facts
- Cooling
- SeeRemarks
Building1 property facts
- Style
- Acreage
Land & utilities3 property facts
- Lot size
- 160 acres
- Water
- AssessmentPaid
- Sewer
- None
Financial3 property facts
- Annual taxes
- $4,600
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $2,200,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$11,508 / monthAdjust
- Principal & interest
- $11,124
- Property tax
- $383
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $4,600. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$2,500,000 · Jul 26, 2024
- Sld
$550,000 · Sold $475,000 · Jul 23, 2024
- Sld
$227,647 · Sold $200,000 · Feb 11, 2014
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