15
Map
$390,000
●
House -
Off Market
5400 Thunderbird Drive
Lake Worth, FL 33463
3 Beds
2 Baths
1,960 Ft²
$765,360
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model
About This Property
Country has come to the suburbs! This 2.6 acre mini horse
farm is located between Military Trail and Jog Road just off
Lantana Road. The home and 5 stall barn was built on it's
private gated and fenced compound since 2003. The home
features 3 bedrooms and 2 baths with vaulted ceiling that give a
very spacious feel. All hard surface flooring makes for easy
maintenance especially you are a pet lover. Let your
imagination run wild with all the possibilities! Well, septic
and zoned AG. Additional Cartus Relocation paperwork require
with sales contract See attached documents in the MLS. This
home comes with an America Home Shield 1 year warranty at closing.
Call for your personal inspection today.
Unit Size
1,960 Ft²
Days on Market
97 days
Land Size
2.60 acres
Price per sqft
$232
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
2003
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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: 20 days ago (Beaches MLS #R10262410)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 9, 2022 | No longer available | - | |
| No longer available | |||
| May 11, 2022 | Listed by Illustrated Properties LLC (Ma | $1,950,000 | |
| Listed by Illustrated Properties LLC (Ma | |||
| | |||
|
RARE OPPORTUNITY to purchase a home on 2.64 ACRES of land a NON-HOA community. Fantastic location, near tons of shopping and great restaurants with easy access to both I-95 & the Florida Turnpike. The home is 1,960 sq ft and had a 5 stable horse barn that was gutted to the studs and ready to be customized to either another barn, garage, or extension of the house. 5400 Thunderbird Drive has MASSIVE upside and there are so many options you can do with it! You can leave the current structure and make the inside of the home fully customizable to you, while taking advantage of the incredible amount of land the property has that includes endless rows of passion fruit trees! You have the option to add an addition to the home, or build your own custom estate with a back yard of your The manager has listed the unit size as 1800 square feet.
| |||
| Jan 25, 2017 | Sold | ||
| Sold | |||
| Dec 9, 2016 | Sold | ||
| Sold | |||
| Aug 26, 2016 | Listed by Coldwell Banker | $454,900 | |
| Listed by Coldwell Banker | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Palm Beach
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Listed by: Susan I. Fineman
Coldwell Banker
Last Updated: 20 days ago
Data Source: Beaches MLS, MLS# R10262410
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.
Coldwell Banker
Last Updated: 20 days ago
Data Source: Beaches MLS, MLS# R10262410
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