Florida Country Home with 25 AC and triple lake frontage

FLORIDA RESIDENTIAL FARM ESTATE

This prime residential property is located in the Florida Panhandle near the Panama City / Destin areas. The Holmes County, Florida, multi lake-front property also fronts on US Highway 90. Lake and waterfront access, such as with this property, are limited and in high demand.

The Florida Panhandle area has grown dramatically in the last few years, discovered by many for its charm, powder white beaches, easy style of living and most importantly, its low cost real estate values. This influx of population is expected to continue, created continued appreciating property values. Almost any recreational activity is within a short drive. Employment centers and area shopping, schools and entertainment along with other family needs are easily accessible.

This 25.73 Acre residential estate is an improved property with waterfront access on three (3) lakes, a main brick house (currently rented), a duplex format building, a block cottage plus several barns and storage sheds.

The drinking water supply is from a deep spring fed well on the property. The home has its own septic tank wastewater system. All the buildings on the property have deferred maintenance. The property is to be sold or transferred as is.

The developed land is split between the residential area, fenced pasture land and barns, and heavily wooded tracts with giant Florida oaks, dogwoods, azaleas, and other beautiful hardwoods. The property also has excellent fishing and hunting. The picturesque large lakes are surrounded by cypress trees, oaks and other hardwoods.

Current rental revenue is $7800 / year. Current annual taxes are $3886.
Tenant pays all utilities.

SELLER wants to use property as a free & clear down payment or direct trade on an income producing commercial real estate property in FL, AL, GA, or TX metropolitan areas. BRING ALL OFFERS.

Contact:

Kennie Matthews
4100 Westheimer, Ste 241
Houston, TX 77027 USA
T E

HOUSTON ADDRESS AS POSTED IS NOT CORRECT
PROPERTY IS IN FLORIDA PANHANDLE