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.
Overview
Property Type
Commercial
Location
14845 Collecting Canal Road, Loxahatchee Groves, FL 33470
MLS ID
R11148754
Listing Last Updated
Property Features & Amenities
Interior
Total Rooms
0
Flooring
Laminate, Tile
Exterior
Stories
1
Water Source
Well
Utilites
Electricity Available, Water Available
Roof
Aluminum
Heat Type
Central, Wall Furnace
Air Conditioning
Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Security Features
Smoke Detector(s)
Details
Neighborhood
Loxahatchee
Financial
Price
$1,888,000
Real Estate Tax
$10,802/yr
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