News Desk, Sporting Properties

Sold! Florida's Red Stag Sanctuary

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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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