Portfolio of 10 Properties for Sale

08-05-2022
08-07-2022

5100 Island Villages Cir Saint James City, FL 33956

8369 Stringfellow Rd Saint James City, FL 33956

8483 Stringfellow Rd Saint James City, FL 33956

5050 Pelican Inlet Dr Saint James City, FL 33956

Turtle Trail Lane Saint James City, FL 33956

  • The Villages of Pine Island will include a community reception center and resort style pool.
  • The site is located 5 minutes from Pine Island Center where you can find restaurants and retailers, including a Winn-Dixie Grocery Store.
  • Pine Island Elementary and Pine Island Middle Schools are located within 10 minutes to the site.
  • Saint James City and Bokelia, both featuring local shops and restaurants, are within 10 minutes either side of the island.
  • The development will feature a canoe and kayak launch with the option for a helicopter pad and community pathways.
  • Community amenities also include a playground, vegetable garden, dog park, a game court, pools, spas and entertaining areas.

Portfolio Description

This portfolio includes multiple opportunities. Some developments can be sold individually or as a package.
1. The Villages of Pine Island is a 480 unit, $27.6 million dollar development with 10 acres of commercial land for sale (for additional $3 million).
2. Prime investment opportunity - Pine Island Tree Farm with Hemp Licensing is 70 acres available for $50 million. This farm is capable of producing Smokable Flower (Non-THC) which Sells for approximately $150 - $250 per pound. 1 acre can produce approximately 150 to 250 pounds (dried) per growing cycle. It is possible for 3 to 4 growing cycles per year. There are 70 plantable acres with SW Florida water rights and a water well that can pump 100 gallons per minute and state approved fencing. It is estimated that smokable flower sales per acre can fall in the range of $37,500 - $62,500 with expenses of $10,000 per acre. Net profits per growing cycle can fall in the range of $1,925,000 - $3,675,000, each growing cycle is approximately 3 months. This does not include the revenues from the fiber or the crude oil (aka CBD). Based on 3 growing cycles per year possible annual revenues can fall in the range of $5,775,000 - $11,025,000 annually. Excluding revenues from the fiber or the crude oil (aka CBD).
3. Windjammer is a 300 Unit, $9 million dollar development.
4. Seller will accept crypto currency, bitcoin, gold, platinum, silver, iridium, noble metal as payment.
5. 1031 Exchange, 1033 Exchanges
6. Multifamily, Shovel ready
7. Fully irrigated 75 acre nursery, fully licensed Hemp Farm with 350,000 gallon gray water storage tank. Includes water rights for 16 million gallons annually with a pump system that pumps 100 gallons per minute through the pipe system.

Key Portfolio Information

Listing Status
Available
Listing Type
Highest & best offer
Multifamily type
Development Opportunity
Price
$ 317,300,000
Price per unit
0
Lot Size
77.06 acres
Buildable Sq Ft
389717.00
Opportunity Zone
No
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26.582345, -82.111175

26.582629, -82.108657

26.58422, -82.109205

26.578794, -82.116807

26.561253, -82.101667

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