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Palm Beach 33470
5840 206th Ter Terrace N
$285,000
● House - Off Market

5840 206th Ter Terrace N

Loxahatchee, FL 33470
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,662 Ft²
$575,098
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Lovely 3 /2 on over 10 acres, Perfect for a farm (organic)or a horse farm.  The possibilities are endless. This could be your dream!!

The home is in a very secluded location where there is very little noise and traffic.
Unit Size
1,662 Ft²
Days on Market
45 days
Land Size
10.46 acres
Price per sqft
$178
Property Type
House
Property Taxes
$218
HOA Dues
-
Year Built
1977

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 9 months ago (Beaches MLS #R9977060)

Price History

Date / Event Date Event Price
Jun 24, 2019 Sold
Premium
Sold
Nov 6, 2013 Sold
Premium
Sold
Sep 15, 2013 Listed by KW Reserve $295,000
Listed by KW Reserve

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1982
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 20
  • Roof Shape Type: 16
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 455,638
  • Lot Size Depth Feet: 6,900
  • Lot Size Frontage Feet: 2,010
  • Total Building Area: 3,223
  • Gross Building Area: 3,223
  • Building Area: 2,262
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 14
  • Heated Square Feet: 2,262
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ACREAGE & UNREC
  • Land Acres: 0000010460
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 5-43-40~ E 690 FT OF S 660 FT OF N 1190 FT OF NW 1/4

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007917

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: 471A
  • Parcel: 00-40-43-05-00-000-3040
  • Meridian: SEC 05 TWN 43S RNG 40E
  • Municipality: UNINCORPORATED
  • Latitude: 26.7639
  • Longitude: -80.3705

    Address

  • Full Address: 5840 206th Ter N
  • Address - House Number: 5840
  • Street Segment Direction: N
  • Address - Street Name: 206th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Loxahatchee
  • Carrier Code: R018
  • 4-Digit Zip Code: 2216
  • Zip Code: 33470

Valuation

    Tax

  • Total Area: 2,240
  • Tax Year: 2023
  • Tax Amount: $617,133
  • Tax Rate Code Area: 226

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 1,058,290
  • High Value: 1,241,879
  • Low Value: 874,702

    Market Valuation

  • Market Total Value: $761,628
  • Market Land Value: $480,114
  • Market Improvement Value: $281,514

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $383,010

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 21, 2019
  • Current Sale Recording Date: Jun 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20190229013
  • Previous Sale Recording Date: Nov 06, 2013
  • Previous Sale Contract Date: Oct 31, 2013
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palm Beach

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$310

Above Asking

0.06%

Average Days on Market

78

Average Home Size

1908 ft²

Average Home Age

38 years

Currently For Sale

14783 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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BEACHES

Listed by: Anthony B Castro
KW Reserve
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R9977060
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.

Frequently Asked Questions

When was property at 5840 206th Terrace built and last sold?
The property at 5840 206th Terrace was built in 1977 and last sold on Jun 21, 2019 for $574,000.
How much is this home worth?
The estimated value of the home located at 5840 206th Terrace is $0.
What are some comparable homes to 5840 206th Terrace?
There are currently no comparable homes to 5840 206th Terrace.
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