Nearly 600 acres of Polk County citrus groves, farmland and lakefront property sold for $8.93 million during a three-day auction that drew 290 bids, with all 27 parcels along Central Florida’s Lake Wales Ridge changing hands by Oct. 22.
Saunders Real Estate, the Lakeland-based brokerage that handled the sale of the Etter Family Portfolio, allowed buyers to bid on individual parcels, combinations of tracts or the entire property during the Oct. 20-22 auction. Located between the Tampa and Orlando metropolitan areas, the portfolio included approximately 469 acres of agricultural land planted with Valencia and Hamlin orange groves and equipped with irrigation wells. The remaining 115 acres included five waterfront parcels of approximately five acres each along Reedy Lake, offering a combined 1,484 feet of lake frontage…