67
Map
$1,790,000
●
House -
For Sale
5313 Colbright Road
Lake Worth, FL 33467
6 Beds
3 Baths,
1
Half Bath
2,564 Ft²
$9,219
Est. Monthly
About This Property
Amazing investment opportunity! Currently leased for $6,000 per
month through July 2027, this nearly 4-acre property offers income
potential and future development possibilities. The main residence
features 4 bedrooms, 2.5 bathrooms, and a 2-car garage, while the
detached guest home includes 2 bedrooms, 1 bathroom, and a 1.5-car
garage. Enjoy an in-ground pool and a 2-stall barn, all within a
Residential Agricultural zoning designation with NO HOA. The
property meets the requirements to be divided into three separate
parcels, presenting a unique opportunity for investors, developers,
or those seeking multi-generational living. Conveniently located
near shopping, dining, and entertainment, and zoned for highly
rated schools. Please do not disturb the tenants.
Unit Size
2,564 Ft²
Days on Market
73 days
Land Size
3.51 acres
Price per sqft
$698
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1973
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (Beaches MLS #B26054813)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2026 | Listed by RE/MAX Prestige Realty/LW | $1,790,000 | |
| Listed by RE/MAX Prestige Realty/LW | |||
| Mar 12, 2026 | Price Decreased |
$1,850,000
↓ $25K
(1.3%) | |
| Price Decreased | |||
| Jan 7, 2026 | Listed by RE/MAX Prestige Realty/LW | $1,875,000 | |
| Listed by RE/MAX Prestige Realty/LW | |||
   | |||
|
A truly rare opportunity to own 3.5 acres in town perfect for a landscaping business, nursery or agricultural use.
This property is also horse friendly and features two existing stables, with abundant space for additional stalls, pasture, and a riding arena. The main home offers split bedroom floor plan,4 bedrooms and 2 bathrooms with a bright, open feel, light tile flooring throughout, stainless steel appliances, and an oversized two-car garage. Plus a spacious primary suite with dual vanities and a walk-in closet with French doors out to the pool. A separate guest home includes 2 bedrooms, 1 bathroom, an updated kitchen, tile flooring, and a 1.5 car garage, w/ private driveway perfect for multigeneration living or an office. Relax and entertain in the pool and spacious patio area. The 3.5-acre parcel also qualifies for subdivision into three 1+ acre separate lots, offering exceptional future potential.
| |||
| Feb 16, 2025 | Listed | $1,900,000 | |
| Listed | |||
| | |||
|
Ready to experience country living without leaving the city? Welcome to your new home! 50% owner financing options available. Nestled on over 3.5 acres of land, this property features a main house with 4 bedrooms and 2 bathrooms, an oversized 2-car garage, and a charming 2-bedroom, 1-bathroom guest house with its own 1.5-car garage. This one-of-a-kind property allows you to embrace an agricultural lifestyle while still enjoying all the conveniences of city living. The main house offers a thoughtfully designed split floor plan, with 3 spacious guest bedrooms and a large primary suite complete with a massive walk-in closet, dual vanities, and a spa like walk-in shower. Neutral beige tile throughout the home. The generous kitchen boasts real wood cabinetry,
| |||
| Apr 2, 2004 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Circular Driveway, Concrete, Driveway, Detached, Garage, Guest, Parking Pad, RV Access/Parking
Garage Spaces: 4
Open Parking Spaces: 30
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Built-in Features, Entrance Foyer, Walk-In Closet(s), DiningArea, SeparateFormalDiningRoom, MainLevelPrimary, SplitBedrooms
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Heater, Washer
Flooring Type: Tile
Laundry Features: Inside
Exterior Details
Square Footage: 2564
Square Footage Source: $0
Property Condition: Resale
Year Built: 1973
Waterfront Features: Pond, None
Building Area Total: 3636
Levels: One
Other Structures: Guest House
Window Features: Skylight(s)
Construction Materials: Block
Patio and Porch Features: Covered, Deck, Patio
Pool Features: Gunite
Pool is Private
Lot Features: FruitTrees
Lot Size Area: 152895.6
Lot Size Units: Square Feet
Lot Size Acres: 3.51
Lot Size Square Feet: 152895.6
Water Source: Public, Well
Financial Details
Tax Assessed Value: $284,795
Tax Annual Amount: $5,147
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Palm Beach
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Listed by: Ashley Quintano
RE/MAX Prestige Realty/LW
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# B26054813
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
RE/MAX Prestige Realty/LW
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# B26054813
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