$1,249,700
For Sale
Type:Purchase
Structure:Land
Zone:Residential

Description

Unique opportunity to own 10 acres for your equestrian estate. Incredible potential in the developing area of Loxahatchee. Totally cleared and fenced ready to build your dream home. Property is high and dry. This is a perfect property for real estate investors, developers or equestrian lovers. 8.3 miles from the WEF 8 miles from the White Fence Equestrian Center 12.7 miles from the Jim Brandon Equestrian Center 10 miles from the International Polo Club 5.4 miles from the Palms West Hospital 3.2 miles from Publix, Tractor Supply, Palm Beach College, Urgent Care, 7 Eleven Gas Station, Loxahatchee Groves Commons Plaza, restaurants and much more.
Financing through third party lender with 35% down payment, 20 years fixed rate and no obligation to build available. Ask for details It can have a home, an in law / care taker quarter, farm, barn, agriculture business and accessory buildings including equestrian. The City of Loxahatchee, allows each parcel of land of at least 5 acres to contain one home and one in law / care taker quarter (that cannot be larger than the main home and under 1,200 sq ft). The 10 acres can be split into 2 parcels of 5 acres, which would enable a maximum of 1 home and 1 in law / care taker quarters (under 1,200 sq ft) together with 1 storage building on each one of them.
The unified land development code (ULDC) provides all the rules and regulations for land development for the Town of Loxahatchee Groves. It is available at
https://library.municode.com/fl/loxahatchee_groves/codes/unified_land_development_code

  • Property Details
      • SubdivisionLOXAHATCHEE GROVES
      • Lot Features5 to 10 Acres
      • Lot Description5 to 10 Acres
      • Property SubtypeAgricultural
      • MLS #RX-10753576
      • MLS #RX-10753576
      • CountyPalm Beach
      • Property TypePurchase
      • Original List Price$800,000
      • Cost1249700
      • ZoningAR(cit
      • Taxes Annual$3,179

Location

Susan Richmond | Re/Max DirectReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00