40 Acres in Fountain, FL - $120,000

This property is a perfect square 40 that has been leased for hay production for over 30 years. It is located between Dothan, AL and Panama City near Highway 231 in Bay County, just south of the Jackson County line. The property is fully fenced for horses, cattle or other livestock, and has power along the boundary. It is located in an area of small-tract residential wooded properties and small farms. The property is 100% high and dry, and is zoned Ag-1. The zoning allows the property to be split into 4 10-acre units and this piece would make an excellent mini-farm development, as the surrounding area is already being used for residential. Current hay lease brings in $600/year.

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