News Desk, Sporting Properties

Sold! Florida's Red Stag Sanctuary

Dean Saunders and Brian Beasley of Coldwell Banker Commercial Saunders Real Estate brokered the sale of two Florida agricultural properties totaling 2,524 acres. The 1,784-acre Red Stag Sanctuary, which formed the northern portion of the Smith Ranch in Okeechobee and St. Lucie counties, sold for more than $8.29 million on July 22. (Coldwell Banker Commercial Saunders Real Estate has the listing on the 6,984-acre southern portion of the Smith Ranch, which lies in the heart of Florida’s cattle country. It is on the market for $25.142 million.) Red stag, axis, and sika deer complement native whitetails and turkey in the high-fenced area of the ranch. Little Cypress sold for $2.1 million on July 27. Formerly a 640-acre citrus grove in southern Hendry County, it will be cleared and converted to a row crop operation.
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