The Real Deal Miami

Boca Raton “Banana Patch” land listed for $6.2M

Alleged history includes Henry Flagler, Japanese farmer George Morikami

January 08, 2015 12:00PM

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The "Banana patch" properties

The “Banana patch” properties

Boca Raton’s “Banana Patch” land is up for sale for the first time since 1978.

The 1.77-acre group of waterfront properties is on the market for $6.2 million. Its history allegedly involves ownership by Henry Flagler and Japanese farmers George Morikami and Hideo Kobayashi, according to the Palm Beach Post.

The three parcels can be purchased separately or together and are known as the “Banana patch” because of their recent use as a wide open banana garden, the Post reported.

The buyer would be only the fifth owner of the land, which is on the deepest and widest canal in Boca Raton, according to the property’s listing agent Matt Thoren, president and broker of Landmark Appraisal and Realty Group.

Thoren said the Olsons, who have a three-to four-story home on the land, feel it’s time for a new owner.

“This is only the second time it’s been sold in more than 100 years,” Thoren said. [Palm Beach Post]Katherine Kallergis

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