2725 D Road
About This Property
Imagine waking up to the serenity of mature trees dotting your landscape, gently swaying in the Florida breeze. This cleared lot boasts raised grounds throughout, providing a picturesque setting for your future residence. Access roads already weave through the property, ensuring ease of navigation and enhancing its allure.
As Loxahatchee emerges as a hub of development, seize the opportunity to be part of its vib rant community. Surround yourself with the comforts of modern living, as residential homes and thriving businesses, including a large nursery, dot the landscape.
Practicality meets convenience with existing amenities on-site, including a well-appointed shed housing a comprehensive filtration system and electrical connections.
Enjoy proximity to major highways such as Okeechobee and Loxahatchee, ensuring seamless connectivity to urban amenities while preserving the tranquility of your rural retreat.
Experience the allure of equestrian pursuits with the nearby Equestrian Center and Polo Club, or indulge in retail therapy and culinary delights at the array of shops and restaurants within easy reach.
Don't miss your chance to secure this coveted piece of paradise in Loxahatchee, where opportunities like this are a rarity. Take the first step towards realizing your Florida dream lifestyle today!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| May 4, 2024 | Listed by RE/MAX Direct | $675,000 | |
| Listed by RE/MAX Direct | |||
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Aug 8, 2023 | No longer available | - | |
| No longer available | |||
| Aug 7, 2023 | Listed by Real Estate of Florida | $630,000 | |
| Listed by Real Estate of Florida | |||
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SELLERS NOW READY to SELL!!!
Unique 5 acres corner lot of 27th ln N and D road that is ready to build how ever large or small home/s you like. Mostly cleared with matured trees and had previously raised grounds through out including access roads within this parcel. This fast developing area is now mostly filled with residential homes and other businesses including a large nursery. There is currently a well with a full covered shed of filtration system and electrical on premise. There is currently someone who rents out this lot for $2000 monthly. Shed and a large storage container belongs to property. This parcel is close to large highways (Okeechobee & Loxahatchee), Equestrian center, Polo Club, Shops, restaurants etc. NOT MANY AVAILABLE LOTS IN THE AREA.
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About Loxahatchee Groves
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017