A beautifully appointed, turnkey equestrian property on five
private acres in Loxahatchee Groves, with the rare opportunity to
purchase the adjoining five acre parcel for a total of 10 acres.
The property has undergone extensive improvements since 2023, with
significant investment throughout the equestrian facilities,
residence, landscaping and property systems. Offering quality
equestrian amenities, a charming residence and truly captivating
grounds, the property is ideally located just minutes from
Wellington and its world renowned equestrian venues.
Thoughtfully improved for effortless day to day life with
horses, this five acre farm maintains a private, cozy atmosphere
that makes it truly special. The new covered arena features GGT
footing, irrigation, a full length mirror and composite kick
walls, complemented by a four stall center aisle barn. Each stall
has Soft Stall flooring, two fans and water, while the insulated
barn ceiling helps maintain a more comfortable environment during
the Florida summer. An air conditioned tack room with attractive
and functional built ins, separate air conditioned feed room,
indoor grooming area, covered outdoor wash area and half bath with
a newer washer and dryer add to the barn's functionality. Four
paddocks, all with water, a concrete pad set up for a manure
container, covered tractor storage, separate storage shed, grassy
flatwork area and riding track complete the equestrian amenities.
The two bedroom, two bathroom residence is clean, comfortable
and available furnished. Completely painted inside in 2023, the
home features a fireplace and an expansive screened patio
overlooking the property, perfect for watching the horses,
entertaining or simply relaxing. One bedroom was configured in 2023
with a separate entrance and kitchenette, creating a versatile
private space for guests, staff or extended stays. Updates
completed in 2023 include a new A/C, water heater, washer and
dryer, and refrigerators. The landscaping is one of this
property's most captivating features. Lush and mature, with
established privacy hedges, flowering bougainvillea and fruit
trees, it creates a magical setting throughout the property. A pond
with fountain adds to the peaceful atmosphere, while the automatic
gated entrance provides a wonderful sense of arrival. New
irrigation throughout the five acres and a new water system are
among the many improvements made to the property. Bring your
horses and immediately enjoy a private equestrian retreat with a
warmth, character and sense of seclusion that can be difficult to
find. Purchase the five acres on its own or acquire the adjoining
vacant five acres to create a remarkable 10 acre canvas for a
larger private estate, additional equestrian amenities or future
expansion. The property offers an opportunity to create a private
entrance directly from paved F Road. Inquire for additional
details and explore the possibilities this exceptional property has
to offer.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Interior Features: Breakfast Bar, Built-in Features, Kitchen Island, Pantry, Bar, Walk-In Closet(s), BedroomOnMainLevel, DiningArea, SeparateFormalDiningRoom, DualSinks, MainLevelPrimary, SittingAreaInPrimary, SplitBedrooms, SeparateShower
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Water Softener, Water Heater, Washer
Flooring Type: Tile
Door Features: French Doors
Laundry Features: Inside, In Kitchen, Main Level, Multiple Locations
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