For investors looking to find a large, mostly contiguous timberland tract in the Florida panhandle, the 1,985-acre Wewahitchka Timberlands tract located in Gulf County is definitely one to consider. It possesses physical traits and a price that make it an excellent long-term investment in these uncertain economic times.
The lay-of-the-land for this property features blocks of upland areas that are generally unimpeded by isolated wetland areas, making timber management easier. In fact, 80% of the tract is plantable, a high figure that contributes significantly to the bottom line. There are 866 acres of pines planted between 1962 and 2022 and another 724 acres in varying states of site preparation. In the latter category, some of the land is completely ready to go for the upcoming planting season.
2022
2021
2015
2014
2010
1996
1988
1962
Hurricane damaged uplands
HW / Wetlands
Non-Forest, Utility ROW, Road, Water
185
397
75
116
48
12
20
12
724
338
59
1,985
9.3%
20.0%
3.8%
5.9%
2.4%
0.6%
1.0%
0.6%
36.5%
17%
2.9%
Paved road access is excellent with 2 ½ miles of frontage on County Road 5, nearly a mile of frontage on State Road 22, and another ¼ mile on Stoney Mill Creek Road. This arrangement sets up nicely for subdividing the parcel and the current owner is willing to do so. Wewahitchka is just a few minutes away and Port St. Joe and the gateway to the Gulf Coast is less than a 30-minute drive.
Acreage:
1,985 +/- Acres
Asking Price:
$1,995 per acre
Location:
Gulf County, Florida
Special Attributes:
