14845 Collecting Canal Road, Loxahatchee Groves, FL 33470
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  • MLS#: R11148218 ( Single Family )
  • Street Address: 14845 Collecting Canal Road
  • Viewed: 17
  • Price: $1,800,000
  • Price sqft: $186
  • Waterfront: No
  • Year Built: 2014
  • Bldg sqft: 9671
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 87
  • Additional Information
  • Geolocation: 27 / -80
  • County: Palm Beach
  • City: Loxahatchee Groves
  • Zipcode: 33470
  • Subdivision: Loxahatchee Groves
  • Elementary School: Loxahatchee Groves
  • Middle School: Western Pines
  • High School: Seminole Ridge
  • Provided by: Serhant
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  • Description
    Right off Southern Blvd, set on 5 elevated acres in the heart of Loxahatchee Groves, just minutes from Wellington. Simplified, income producing equestrian property currently operating under a ''dry stall'' and paddock rental model. No feeding programs, training, lessons, or daily horse care providedtenants maintain their own horses, allowing for low management ownership. Fully renovated, specialty commercial equestrian facility offering strong in place income with significant upside. The property offers two updated barns, 14 fenced paddocks, two riding arenas, a round pen, three RV spots, and generous trailer parking. On site housing includes a custom 3 bed, 2bath house and two mobile homes. Current operations deliver a 9.8% in place cap. AG zoned and tax exempt. Fully licensed as a ren tal operation. Opportunity to increase revenues by offering full boarding, training, grooming, a la cart services and additional equestrian uses. Short hack to equestrian riding trails. Ride your golf cart to shopping and restaurants. A rare, turn key opportunity with operational flexibility, and close proximity to riding trails, shopping, and world class horse venues. Ask about AG exempt benefits, and current financial roll.
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  • Possible terms: Cash, Conventional, Lease Option, Lease Purchase
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  • Views: 17