5
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600 & 642 U S Hwy 27
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 27, 2026 | Listed by Coldwell Banker Belle Realty | $575,000 | |
| Listed by Coldwell Banker Belle Realty | |||
| Sep 13, 2025 | No longer available | - | |
| No longer available | |||
| Feb 22, 2022 | Listed by Coldwell Banker Belle Realty | $575,000 | |
| Listed by Coldwell Banker Belle Realty | |||
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This is an EXTRAORDINARY OPPORTUNITY to purchase 2 Acres of PRIME COMMERCIAL PROPERTY boasting an impressive 350 FEET of frontage on U.S. Highway 27 in Moore Haven, FL. This parcel is ideally located adjacent to the Glades County Courthouse and directly across the street (to the north) from Moore Haven High School. The property is zoned C-2 which allows for the establishment of a wide variety of commercial enterprises which include, but not limited to, RETAIL STORES, BANKS, RESTAURANTS (including drive-through), HOTELS/MOTELS, AUTOMOTIVE SALES, SELF-STORAGE FACILITIES, CONVENIENCE STORES, and GAS STATIONS. Now is the PERFECT TIME to stake a claim along the well-traveled route of U.S Highway 27.
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