Do Real Estate on the Go!
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Do Real Estate on the Go!
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$1,888,000
-- Bed
- -- Bath
5acres lot
14845 Collecting Canal Road, Loxahatchee Groves, FL 33470
$1,888,000
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Land
Built in -
$-- HOA
5 acres lot
$377,600/acre
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 e...
Continue ReadingProperty Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
5 acres lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
R11148742
MLS Status
Active
Days on Market
1
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