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Listed by Serhant
$1,888,000
Est. payment /mo
5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Barn
Listing Status Active
Purchase Type For Sale
MLS Listing ID RX-11148742
HOA Y/N No
Annual Tax Amount $10,802
Tax Year 2025
Lot Size 4.996 Acres
Property Sub-Type Barn
Property 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
Location
Subdivision Loxahatchee Groves
State FL
County Palm Beach
Area 5280
Zoning AR(cit
Exterior
Community Features Agricultural Exempt
Utilities Available Electric
Present Use Agricultural Exempt
Exposure South
Building
Lot Description 5 to 10 Acres, Public Road
Others
Acceptable Financing Cash, Conventional
Horse Property Yes
Listing Terms Cash, Conventional
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/14845-Collecting-Canal-Road-Loxahatchee-Groves-FL-33470--RX-11148742/unbranded
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