1
Map
Undisclosed Address
About This Property
This prime 2-acre lot offers a rare opportunity to develop your dream property in one of the most sought-after locations in South Florida. Situated conveniently between two major roads, Okeechobee Blvd. and Southern Blvd., this property enjoys easy access to key destinations including the Wellington Equestrian Show Grounds, downtown West Palm Beach, the Florida Turnpike, and Palm Beach International Airport (PBI).
The land is cleared and ready for development, with a foundation previously established for a home, along with a well and septic system already dug. While these improvements are older, they provide a great head start for future construction, saving both time and money. The lot's generous size offers ample space for building, landscaping, or recreational use, while the location provides a perfect balance of privacy and convenience.
Whether you're looking to build a luxury estate, equestrian property, or a family home, this property offers endless possibilities. Don't miss out on this fantastic opportunity to invest in land in a prime area with tremendous potential for growth.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Loxahatchee Groves
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 5 Beds
- 2 Baths
- 2,317 ft²
$8,000 /mo
- 4 Beds
- 2 Baths
- 2,376 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017