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***SUPERB PASSIVE INVESTMENT*** Prime N Fl timber tract. 67+ ac (multi-folios). Owner advise $100,000+ existing marketable timber. Timberland often seen as a portfolio diversifier as it tends HEDGE against inflation. The NCREIF posted 4th quarter & annual returns for their Timberland Index, (representing 464 investment-grade timberland properties with market value of $24.5 billion) at 4.89% return for the 4TH quarter of 2022. Of the 1.3 billion ac of private agricultural land in the United States, foreign entities fully or partially own roughly 40 million ac valued at $74 billion in 2021. The top 5 U.S. 0wners of farmland (total ac) in the US are Bill Gates, 242,000. Ted Turner 200,000. Stewart & Lynda Resnick1 92,000. Offutt Family 190,000. The Fanjul Family 152,000. contact listing agent
Listed by Maurice Veissi Sr, Veissi & Associates,Inc.

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2023 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on September 25, 2023

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