23
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1550 C Road
About This Property
The site features a charming CBS guest house (under 1,200 sq. ft.) built in 2011. The two-story layout includes one bedroom on the first floor full kitchen and full bath with soak tub and separate shower. The upstairs provides flexible space ideal for an art or yoga studio, home office, living area, or easily convertible second bedroom.
The acreage has been cleared to support the existing agricultural nursery operation and offers ample space to construct a substantial main residence--perfect for creating a private estate while maintaining an income-generating business on-site.All measurements are subject to error. NO OWNER FINANCI
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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%.
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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.
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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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2026 | Price Decreased |
$1,270,000
↓ $30K
(2.3%) | |
| Price Decreased | |||
| Feb 20, 2026 | Listed by Partnership Realty Inc. | $1,300,000 | |
| Listed by Partnership Realty Inc. | |||
| Jul 23, 2025 | Listed | $1,300,000 | |
| Listed | |||
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RARE OPPORTUNITY TO OWN A FULLY FENCED 5-ACRE PROPERTY FEATURING A SOLID CBS TWO-STORY HOME WITH 1 BEDROOM,1 BATH, LARGE UPSTAIRS LOFT, A DEN/OFFICE AND AN ATTACHED GARAGE. NESTLED IN THE CENTER OF THE LOT FOR ULTIMATE PRIVACY, THIS HOME IS EQUIPPED WITH ACCORDIAN SHUTTERS FOR FULL STORM PROTECTION. THE PROPERTY IS BORDERED BY ACTIVE NURSERIES ON BOTH SIDES AND THE CURRENT TREE FARMERS ARE EAGER TO CONTINUE RENTING - OFFERING A VALUABLE INCOME STREAM TO HELP OFFSET YOUR MORTGAGE. ZONED AGRICULTURAL/RESIDENTIAL, THIS LAND HAS NO HOA, GIVING YOU THE FREEDOM TO BRING YOUR RV'S, BOATS, TRAILERS, ANIMALS AND MORE. PERFECT FOR BUSINESS OWNERS, HOBBY FARMERS, OR ANYONE SEEKING WIDE OPEN SPACE WITH INCOME POTENTIAL. TONS OF ROOM TO EXPAND, BUILD OR GROW YOUR OWN NURSERY BUSINESS.
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About Loxahatchee Groves
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017