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11501 NW 160th Ave - Andalusian Oaks 31.5 Acres of Agricultural Land Offered at $3,995,000 in Morriston, FL 32668
Investment Highlights
- 31.5 manicured acres for events
- 4 buildings roughly 8,000 sqft total.
Executive Summary
Great multi-use land oportunity with active luxury wedding venue business running on property. You can see the website here Andalusianoaks.com. Total building square footage is roughly 8,000 sqft combined between all 4 buildings. The business has 81 five-star reviews with a 5.0 star overall rating. A full team is already in place that takes care of the weddings, brides, maintenance, cleaning etc and the owner would barely have to do anything. This really is a turn-key property that generates cash flow. The oportunities for growth would be to increase wedding bookings per year as well as to add extra accommodations on the property. Currently, the main house is being lived in but if the you decide you want to live off property the house could be rented out at up to $1,500 per night which is completely new income that hasn't been tapped into yet. That could be over $100k extra income just from the one house. Since Andalusian Oaks is a destination many of the brides and guests need places to stay. The current owner built this venue to sell it. The land can also be split into multiple family lots with a house and guest house for extra housing. The property comes with all of the event space furnishing, decorations room and equipment necessary to run the business. This could easily become a $1.2 million+ per year business in the next 2-5 years. There are currently 97 weddings booked up through the beginning of 2028.
Revenue:
2023 ($219k revenue)
2024 ($376k revenue)
2025 ($686k revenue)
Revenue:
2023 ($219k revenue)
2024 ($376k revenue)
2025 ($686k revenue)
Property Facts
| Price | $3,995,000 | Property Subtype | Agricultural |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 31.50 AC |
| Property Type | Land | ||
| Zoning | A-1 - Agricultural | ||
| Price | $3,995,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | |
| Total Lot Size | 31.50 AC |
| Zoning | A-1 - Agricultural |
1 Lot Available
Lot
| Price | $3,995,000 | Lot Size | 31.50 AC |
| Price Per AC | $126,825.40 |
| Price | $3,995,000 |
| Price Per AC | $126,825.40 |
| Lot Size | 31.50 AC |
European countryside wedding venue on 31.5 acres. Buildings include: 1 newly renovated house, 1 recently built 2800 sqft event center with 3 bathrooms, outdoor bar with loft and catering room, 2 bridal domes with bathroom, 2,800 sqft bridal building
Description
31.5 acres great soil for animals, 4 buildings, 2 backup generators, well, utility shed, 100+ oak trees.
1 1
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 05809-001-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $643,157 |
Property Taxes
Parcel Number
05809-001-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$643,157
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11501 NW 160th Ave - Andalusian Oaks