Retirement Auction
RUSSELL CATTLE RANCH
RUSSELL CATTLE RANCH
RETIREMENT AUCTION
2767 Red Hoss Lane
Bonifay, FL 32425
12:00 pm - Saturday, May 2
Opportunity for a possible subdivision, dairy or cattle farm

Single Family Detached Home on 420+/- acres. 3BR/2.5BA w/game room, Florida/sun-room, in-ground pool w/enclosed screened, fully stocked pond in the front yard for fishing and multiple ponds throughout.


Developed into a cattle ranch with many amenities including a 150'x 50' commodity barn w/6 inch cemented flooring and walls; two 400'x24' calf barns w/cemented flooring; 150'x50' quonset hut building w/6 inch cemented flooring, wired, plumbed w/bathroom, 2 large roll doors and fans; 330'x40' finishing pen; 100'x60' hay barn w/6 large fans; three grain bins-25,000 bushel capacity w/perforated and cemented flooring; and two hydraulic driven pivot systems are a few of the amenities.

Fields irrigated from Wrights Creek, permitted by North West Florida Water Management, recently renewed permit for another 10 years. Maximum withdrawals of 1,500,000 gallons/day and 27,100,000 maximum/month. The entire farm can be irrigated and has approximately 10,000 underground lines.

Approximately 86 acres of the property is leased for cotton. Approximately 50 acres of field is in Bahaigrass, w/the balance of fields in mixture of Coastal Bermuda, Russell and Tifton grass.

CLICK TO VIEW PHOTOS

REAL ESTATE PREVIEWS:
1pm - 5pm * Sunday, April 26th

1pm - 5pm * Monday, April 27th

1pm - 5pm * Tuesday, April 28th

1pm - 5pm * Wednesday, April 29th

1pm - 5pm * Thursday, April 30th

1pm - 5pm * Friday, May 1st

9am Auction Day

REAL ESTATE DEPOSIT REQUIREMENTS:
A CASHIER’S CHECK ONLY DEPOSIT OF $50,000 MADE PAYABLE TO AUCTION COMPANY OF AMERICA ESCROW ACCOUNT WILL BE REQUIRED ON THE DAY OF AUCTION TO REGISTER AND BID ON THE PROPERTY. An additional deposit in the form of a personal check to bring the total deposit to equal 10% of the Total Contract Price must be made on the Day of Auction. NO EXCEPTIONS PLEASE.

REAL ESTATE CLOSING:
Balance of the purchase price is due at closing which shall be on or before 45 days following the Auction.

REAL ESTATE CONDITIONS:
A 10% Buyer’s Premium will be added to the final bid and included in the contract price. The property will be sold in “AS-IS” condition. All information was derived from sources believed correct, but is not guaranteed. All property dimensions are only approximations. Buyers shall rely entirely on their own information, judgment and inspection of the property and records. All announcements made from the Auction block will take precedence over any previously printed material or any other statements made. The Auctioneer represents the Seller in this Real Estate transaction. Seller shall provide a copy of prior Title Insurance Policy or a Title Insurance Commitment. Seller will deliver property at closing ‘free and clear of liens and encumbrances’.
Buyer will pay all closing costs.

BROKER PARTICIPATION:
Download the Broker Registration form from our website or Call: 305.573.1616 to request one.

Additional info to follow
Video