Buyer found for 6,000-acre Collier farm listed at $59 million

Naples/Fort Myers/Charlotte 

A back up plan: The owners of the 5,633.6-acre Owl Hammock Farm for sale in eastern Collier County, listed for $59 million, have an offer on the site. According to marketing material put out by SVN Saunders Ralston Dantzler, the Immokalee farm on State Road 29 is under contract, but the owners are accepting backup offers. The Lakeland firm did not respond to questions about how much the existing offer is for or who the potential buyer is. According to the listing, 47.2% of the property is dedicated to row crops; 10.4% is made up of unimproved pastures; and 8.7% of improved pastures. There are also 798.9 acres of wetland area that the listing says “could offer opportunities for conservation practices.” The property is zoned predominantly for agricultural and rural mixed-use, but there is a portion set aside for urban residential development, according to the listing. 

Affordable funding: Lee County Commissioners have approved $39.25 million in grant funding that will go toward building 412 multifamily affordable housing units in Fort Myers. The money, which comes from U.S. Department of Housing and Urban Development’s Community Development Block Grant-Disaster Recovery funds, will be spread across three communities.