Lake Harney - 2,600 +/- Acres of Timberlands/Mitigation in Volusia County, Florida

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Owned by same Florida pioneer family for four generations, this property has never been offered for sale. It is old Florida at its finest and is located just east of the St. Johns River at Lake Harney in Southeastern Volusia County. The 2,600-acre tract is a mosaic of pine flatwoods, oak hammocks, and fresh water marshes that provide abundant habitats for some of Florida’s most magnificent wildlife.

The property was granted one of the very first wetland mitigation banks in the State of Florida, known as the Colbert-Cameron Mitigation Bank. The Colbert-Cameron Mitigation Bank has been an environmental enhancement and preservation project since 1996. For nearly 20 years, the property has provided mitigation for wetland impacts within the defined mitigation service area.

The mitigation credits the owner holds are worth more than the price of the land itself. With 160 State mitigation credits and 370 Federal mitigation credits, the total retail value is over $12M. One Federal credit and one State credit combined is $50,000 in retail value. This mitigation bank has a long, successful history, is established, permitted, and ready to continue ongoing mitigation banking.

As a result of mitigation permitting, the property is encumbered with a conservation easement that allows all forms of recreational use and timber harvest.

Outdoor enthusiasts, nature lovers, and hunters will appreciate the tract that is teeming with wildlife, such as Florida black bear, turkey, deer, hogs, eagles, and wading birds. Recreational activities on the property include hunting, fishing, boating, wildlife viewing, and 4-wheeling.

Predominate soil types are Malibar, Wabasso, Pineda, and Eaugallie. All classes of soils have a slash timber pine index of 80. The property is conveniently accessible to major traffic corridors and larger cities, with only a 45-minute short drive to downtown Orlando and a 15-minute drive to I-95.

This is your opportunity to own a beautiful piece of old Florida with high-value mitigation credits. This property has much to offer!