Sears - Road 5 Road Labelle, FL 33935

This 26.67 +/- acre grove is a citrus operation containing a solid set; 13.3 acres of Hamlin's (90% young, 10% mature) and 13.3 acres of some of the finest Valencia's in this area of Gerber Groves. The grove is still in production and the properties drainage and irrigation enhancements make it highly desirable for production of alternative crops (sugarcane, bamboo, vegetables, etc.). Additionally, all of the trees have had the trunk injection of oxytetracycline (OTC), which has been proposed as a means to manage HLB in citrus. The property is currently zoned Agriculture. The property has a current residential zoning of 1 unit per 5 acres, so building a home or putting in a manufactured home is also a feasible option. Electric and irrigation via an electric pump are already located on the property and the irrigation additionally services the adjoining 13.34-acre grove. The property is in the Gerber Groves Water Control District (the District) and a tax is collected for the District by the Hendry Co. Tax Collector annually. All canal, drainage and road maintenance are provided by the District. An investment portfolio is also available.