11501 NW 160th Ave - Agricultural LAND FOR SALE


Morriston, FL 32668 1,372,140 SF
$3,995,000 USD
801-897-3298
11501 NW 160th Ave, Morriston, FL for Sale
$3,995,000 USD
Agricultural LAND - FOR SALE
1/45
1,372,140 SF

11501 NW 160th Ave
Morriston, FL 32668


HIGHLIGHTS

  • 31.5 manicured acres for events
  • 4 buildings roughly 8,000 sqft total.

OVERVIEW

Great multi-use land oportunity with active luxury wedding venue business running on property. You can see the website here Andalusianoaks.com. Total building square footage is roughly 8,000 sqft combined between all 4 buildings. The business has 81 five-star reviews with a 5.0 star overall rating. A full team is already in place that takes care of the weddings, brides, maintenance, cleaning etc and the owner would barely have to do anything. This really is a turn-key property that generates cash flow. The oportunities for growth would be to increase wedding bookings per year as well as to add extra accommodations on the property. Currently, the main house is being lived in but if the you decide you want to live off property the house could be rented out at up to $1,500 per night which is completely new income that hasn't been tapped into yet. That could be over $100k extra income just from the one house. Since Andalusian Oaks is a destination many of the brides and guests need places to stay. The current owner built this venue to sell it. The land can also be split into multiple family lots with a house and guest house for extra housing. The property comes with all of the event space furnishing, decorations room and equipment necessary to run the business. This could easily become a $1.2 million+ per year business in the next 2-5 years. There are currently 97 weddings booked up through the beginning of 2028. Revenue: 2023 ($219k revenue) 2024 ($376k revenue) 2025 ($686k revenue)

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/ACRE

$126,825/AC

PRICE/SF

$3 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Andalusian Oaks

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Agricultural

LAND PROPOSED USE

Hospitality, Open Space, Agricultural, Pasture/Ranch

LAND ACRES

31.5 AC

LAND SF

1,372,140 SF

OFFSITE IMPROVEMENTS

-

ZONING

A-1

APN/PARCEL ID

05809-001-00

ASK ABOUT THIS PROPERTY

Josh RossiAndalusian OaksMore Info
801-897-3298

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Josh RossiAndalusian OaksMore Info
801-897-3298

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.