If you’re looking for farmland for sale in North Florida, you’re certainly in the right place – but if you’ve never owned a farm before, there are a few things you’ll need to know.
What to Know Before You Buy a Farm in North Florida
You’ll most likely know what you’d like to keep on your farm, whether it’s livestock or fruits and vegetables. Before you decide on a farm, check the U.S. Department of Agriculture’s National Cooperative Soil Survey to ensure that you’re making the appropriate plans.
If you plan to stake out an organic farm (organic farms have grown exponentially across Florida and elsewhere over the past decade), you’ll need to invest in professional soil testing. Professional testing can help you determine whether there’s anything on the land that could prevent you from growing organic produce, including heavy metals, residual pesticides and other chemicals.
Make sure you’re also aware of:
- The property’s water sources
- How much water your crops will need each year
- The land’s topography
- Appurtenances to the land, including fences, barns and outbuildings
Financing the Purchase of a Farm
You may be eligible for a Farmer Mac loan. You’ll have to speak to your lender about this type of financing.
Like conventional loans, Farmer Mac loans have specific requirements. In many cases, farm buyers can take advantage of long-term fixed rates, indexed ARMs or the AgEquity revolving line of credit. Your lender will be able to describe the benefits of each in detail, because every buyer’s situation is different.
Are You Buying a Farm in North Florida?
If you’re considering buying a farm in North Florida, we can help. We have access to all the most current listings, which cover a huge range in price and contain several multi-use properties. Whether you’re looking for equestrian property or you’d prefer to lay out an entire orchard, we’ll help you find the perfect place. Just call us at 386-243-0124 or get in touch with us online so we can start searching for North Florida farmland that meets your needs.
