$1,250,000
●
Land -
Off Market
6401 Wild Orchid Trail
Lake Worth, FL 33449
Studio
0 Bath
$1,352,263
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
The only agent to sell not one but the last three lots (8 in
last 24 months in Homeland as I celebrate my 400th transaction in
Homeland. From the family that founded Homeland, another record
smashing sales price, broke my own record by 250k. This is a full 5
Acre lot to build your home/barn/detached guest house w/ dual
access. Cleared! Telephone pole onsite. Lot 238, 11352 alligator
trail , LW, 33449, sold @ $1.03 million,
my list/ my sale. Per founders of Homeland, best lot available . National laws make this lot special & extremely valuable, LA is a 42 year resident, highest & best 1st, multiple offers sit, Feel free to advertise this listing without any recourse against you, use my aerials, next lot listing is starting at $2.1 million, first day offer is standing @$1.6.
my list/ my sale. Per founders of Homeland, best lot available . National laws make this lot special & extremely valuable, LA is a 42 year resident, highest & best 1st, multiple offers sit, Feel free to advertise this listing without any recourse against you, use my aerials, next lot listing is starting at $2.1 million, first day offer is standing @$1.6.
Unit Size
-
Days on Market
361 days
Land Size
5.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$441
HOA Dues
$217
Year Built
-
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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: 6 months ago (Beaches MLS #R10812917)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2023 | Sold | ||
| Sold | |||
| Jun 30, 2022 | Listed by LAB Real Estate LLC | $1,350,000 | |
| Listed by LAB Real Estate LLC | |||
| Jul 7, 2021 | Sold | ||
| Sold | |||
| May 24, 2019 | No longer available | - | |
| No longer available | |||
| May 20, 2017 | Listed by Engel & Volkers Delray Beach | $475,000 | |
| Listed by Engel & Volkers Delray Beach | |||
| | |||
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Beautiful 5 acre lot in a gated subdivision which allows horses. Partially cleared with a house pad. A unique lot with road frontage on from the front and back of the property (Wild Orchid & Duckweed Rd). A perfect set up if you want to have rear access to your stable, guest house or detached outbuilding. Surrounded by beautiful homes, build your beautiful estate here too! Signs on both streets. Walk into the property from Wild Orchid on a cleared pathway.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Homeland
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Listed by: Lance Addison Burge
LAB Real Estate LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10812917
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.
LAB Real Estate LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10812917
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017