21405 Dooley Grade Road
About This Property
Home to the historic Turkey Barn, formerly owned by Florida agricultural pioneer Ben Hill Griffin, the property was used to raise and release wild Osceola turkeys to strengthen South Florida populations. Today, the ranch supports abundant wildlife, including Osceola turkeys, white-tailed deer, wild hogs and numerous native species.
Located at County Road 833 and Hill Grade Rd, K & P Ranch is approximately 30 miles north of Big Cypress National Preserve, 5 miles east of Okaloacoochee Slough WMA, and 30 miles southwest of Lake Okeechobee. Surrounded by large ranches, sugarcane fields, sod farms and state-owned lands, it offers outstanding privacy and accessibility.
The ranch is fully fenced and cross-fenced with an active cattle lease and a pasture maintained as a sod field. Expansive open fields offer an ideal setting for dove hunting, private skeet and sporting clays, while miles of swamp buggy and side-by-side trails wind through pine flatwoods, pasture and beautiful native oak hammocks.
Multiple deer feeders, game cameras and elevated hunting stands are already in place. Two updated 3-bedroom, 1-bath homes provide accommodations for owners, family, guests or ranch staff and make the property well suited for a private family compound or multigenerational retreat. Three gated entrances provide convenient access.
Adding to its unique history, Discovery Channel's "Naked and Afraid" recently filmed a season on the ranch, and the campsite remains on the property.
K & P Ranch is free of conservation easements, providing flexibility for agricultural, recreational, residential and investment use. The adjacent 150± acres are also available from a separate owner, creating the opportunity to assemble nearly 600 contiguous acres with paved CR 833 access.
Whether envisioned as a premier hunting and sporting property, working cattle ranch, family compound, corporate retreat or legacy investment, K & P Ranch offers a rare combination of history, wildlife, privacy, productivity and Old Florida beauty.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017