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    1964 Forrest Hill Bldv
    Wellington, Florida 33411

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Beaches MLS

© BEACHES MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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.

$1,888,000
For Sale

14845 Collecting Canal Road

Loxahatchee Groves, FL 33470
5.00 acres
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29 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Fully renovated, specialty commercial equestrian facility offering strong in-place income with significant upside. Cash-flowing equestrian farm off Southern Blvd, set on 5 elevated acres in the heart of Loxahatchee Groves, just minutes from Wellington. The property offers 53 stalls across two updated barns, 16 fenced pastures, two riding arenas, a round pen, three RV spots, and generous trailer parking. On-site housing includes a 3-bed, 2-bath cabin and two mobile homes. Current operations deliver a ~7.7% in-place cap at the asking price, with a clear path to mid-to-high teens stabilized returns through lease-up and full utilization of existing assets. Short hack to new equestrian riding trails. Ride your golf cart to shopping and restaurants. Fully licensed as a rental operation

  • Property Details
      • Lot FeaturesPublic Road, 5 to 10 Acres
      • Lot DescriptionPublic Road, 5 to 10 Acres
      • SubdivisionLOXAHATCHEE GROVES
      • CountyPalm Beach
      • Original List Price$1,888,000
      • Cost1888000.0
      • Lot Size (sqft)217630.0
      • Property TypePurchase
      • Taxes Annual$10,802
      • ZoningAR(cit
      • Acres4.996
      • Property SubtypeBarn
      • Horse Stable1

Location

Legal

© BEACHES MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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.

Last Updated: Today at 8:36 AM. Source: BMLS

Provided By
Listing Agent: Amal Casal (#276611146)
Listing Office: Serhant (#276741938)

Susan Richmond | Re/Max DirectReal Estate Group
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