3605 Gordy Road
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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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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2024 | Listed by Coldwell Banker Paradise | $11,250,000 | |
| Listed by Coldwell Banker Paradise | |||
| Jul 8, 2022 | Listed by Coldwell Banker Paradise | $11,250,000 | |
| Listed by Coldwell Banker Paradise | |||
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Attention Developers: 126 acres of one of kind property. One mile from the turnpike entrance and less than two miles from the I95 entrance yet private. Over 1 mile adjoining the 855 acre 10 Mile Creek Reservoir, approximately 1,600 feet on the 10 mile Creek Preserve and located across from the Gordy Rd County Preserve that features a fabulous 27 hole disc golf course along with hiking trails and picnic pavilions. Zoning is AG1 with future land use of RS (two units per acre).
The land is mostly cleared and high and dry with lovely old oaks in patches and three lakes which offer built in views for the neighborhood. There are two very nice homes that each have their own guest cottage. Ideal for the owner who wants to have homes to rent out or use during development of the property. The property is only a short walk from the Ten Mile Creek Preserve, which has picnic pavilions, hiking trails, and a kayak/ canoe launch,
Property is also next to mountain biking trails and the George La Strange Interpretative Trail that goes from Gordy Rd to Selvitz Rd. Approximately 1.5 hours to either the Miami International Airport or the Orlando International Airport. Less than one mile as the crow flies from the upcoming Willow Lakes Wave Park. See aerial video of property under pictures.
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About St. Lucie
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$2,700 /mo
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$2,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017