Thread: What the ?
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Old 03-26-2017, 08:14 AM
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Hank70SS Hank70SS is offline
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Join Date: Dec 2009
Location: Brighton, MI
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Default What the ?

We're in a campground, south of Miami north of Homestead. Park use to be an avocado grove in what is called the Redlands Agricultural Area. Surrounded by farm land growing tropical plants, produce, palm trees, etc. So while out driving the other day I see a for sale sign for some property. 5 to 150 acres, $79k/acre. So what the? How many tomatoes do you have to sell to recoup your $79,000/acre? This isn't water front in Ft Lauderdale, it's just flat agricultural land. Just can't see how you can justify $79,000 per acre for farmland.
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