Florida ROI Commercial Property Brokerage, Inc., is pleased to announce the sale of a 100-acre working farm on Lake Iola Road in Pasco County. The farm is mere minutes off of I-75 and splits the difference between Ocala and Tampa. The transaction price was $1,000,000 with a life interest in the home. Additionally, 10 acres were given back to the seller, who was represented by Florida ROI agent Deborah Tamargo.
Originally the farm was a Thoroughbred breeding and racing facility. The sellers then converted the property into a commercial cattle operation. The new owners are shifting the focus of the property to managing purebred Red Angus cattle and growing hay. As well as nearly 100 acres of fenced pastures, the property contains approximately 4 acres of pine forest. Buildings on the property include the 3 bed/2.5 bath home, a 3,800 square foot horse barn, a 1,000 square foot barn, and a 2,400 square foot warehouse with an attached apartment.
