Bought with Hastings Realty Inc.
$1,843,036
$2,000,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/23/2022
Key Details
Sold Price $1,843,036
Property Type Vacant Land
Sub Type Agricultural
Listing Status Sold
Purchase Type For Sale
Subdivision Palm Beach Farms
MLS Listing ID RX-10386970
Sold Date 08/23/22
HOA Y/N No
Annual Tax Amount $2,132
Tax Year 2018
Property Description
Delray Beach, Florida. Great location for equestrian facility. Several close by including Sunshine Meadows and Palm Beach Downs. 20 ACRES ON SMITH SUNDY ROAD. AG RESERVE NO DEVELOPMENT RIGHTS. Development right can be put back on at buyers expense to build 2 plus homes.( Call listing agent for explanation.) Barns and caretaker / grooms quarters do not require putting back any development rights. Current use is PLANT NURSERY WITH SHADE HOUSE AND FULL SUN IRRIGATION AREA. EASY CONVERT TO EQUESTRIAN. 2 PARCELS. BUYER CAN PURCHASE 15 ACRES WITH EASEMENT THROUGH FRONT 5. FRONT 5 CAN NOT BE SOLD BEFORE THE BACK 15. $100,000.00 per acre. Lowest price in area. Close to 441 and Florida Turnpike. A short distance to the Delray Marketplace. Additional average available. Tax rate is with exemption.
Location
State FL
County Palm Beach
Area 4730
Zoning AG RESERVE
Exterior
Community Features Agricultural Exempt, Comforms to Zoning, Easements, Will Subdivide
Utilities Available Electric, Irrigated Water, Well Water
Waterfront Description Canal Width 1 - 80,Interior Canal,Pond
View Pond
Present Use Agricultural Exempt,Comforms to Zoning,Easements,Will Subdivide
Exposure West
Building
Lot Description 11 to 25 Acres, Paved Road
Others
Acceptable Financing Cash
Horse Property No
Listing Terms Cash
Financing Cash
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