Hay & Alfalfa Farmland in Florida

Hay & Alfalfa farmland in Florida for a Under 50 Acres parcel costs approximately $5,657 per acre, with a total investment of $141,425. The estimated annual ROI is 3.4% with cash rent of $226 per acre.

Florida has 47,500 farms with an average size of 198 acres. Farmland prices average $7,200 per acre statewide, with 4.5% year-over-year appreciation. Cash receipts total $8.2B annually.

The estimated annual ROI is 3.4% for a Under 50 Acres parcel, generating $4,800 in annual income ($192 per acre). The 5-year appreciation estimate is 1393.0%.