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Auction Information
Auctioneer Higgenbotham Auctioneers 800-257-4161
Auction Date Nov 17 Auction
CR 482N & CR 489
Lake Panasoffkee, FL
Time 03:00PM
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Auction Listing
AuctionZip Auctioneer ID# 2272

Online Only!  Bidding to begin November 13 and end November 17 at 3:00PM EST

Agricultural Opportunity With Development Potential

200± acres currently being used as a hay field.  All fenced.  Paved roads on 2 sides. The property is currently harvesting sod and Tifton 44 hay. Valley center pivot irrigation system covers approximately 136± acres. Very close access to the I-75 Interstate. Dual zoning RR5C and R2C.  Only 15.5 miles from The Villages, which is ranked No. 1 as the fastest growing metropolitan area in the United States and approximately 20 miles south of Ocala and approximately 45 miles northwest of Orlando.

  • Sumter County ID #J08-081
  • Access from CR 482N & CR 489
  • 2,407’± feet frontage on CR 482N and 3,131’± feet of frontage on CR 489
  • Large pole barn 130’ x 120’
  • 100 HP 6” vertical turbine pump
  • 4” well, no pump
  • 3 phase power to the well and irrigation system
  • 8” well with pump
  • Selling Separate-center pivot irrigation, well pump and control panels

Property Location: CR 482N & CR 489, Lake Panasoffkee, FL  33538

Auction Location: Online Only

Auction Schedule: Begins: 8:00 A.M. Monday, November 13

                  Ends: 3:00 P.M. Friday, November 17

Preview: 10:00 A.M. – 2:00 P.M Saturday, November 11

Online/App Bidding:

Successful bidders will be required to wire earnest money deposit of $100,000.00 within 24 hours of the completion of the Auction. 10% Buyer’s Premium.  The remaining balance will be due at closing with closing on or before 45 days. Successful bidders not executing and returning their contract with earnest money deposit within twenty-four (24) hours of the conclusion of the auction will be considered in default. Purchaser is responsible for all wire transfers, instructions will be sent.

*Pre-auction offers are accepted.  Subject to pre-auction sale, change or withdrawal without notice.

Auctioneer License Information: FL AU 305 AB 158

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