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Bean Group
Offered at $7,500,000Active
beds
—
baths
0
sq ft
—
Built
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12900 Okeechobee Boulevard

Loxahatchee Groves, FL 33470

About this home

This is an incredible opportunity to own and develop right in the middle of the growing western communities. With Royal Palm Beach to the East and all of the development to west such as Westlake and Wellington to the South you can not go wrong with this location. The site plan has already been approved through the Town of Loxahatchee Groves. The Commercial Zoning has already been approved. The approval is for 30,000 SF mixed use with 700 sq ft frontage on Okeechobee Blvd. Approved for a restaurant, a drive through restaurant/ doughnut shop and office buildings. The site plan drawings have been completed and the site is ready to build. If your looking for a project that is ready to go this is it.

Listing last checked: Listing updated:

Listed by Kathryn Marie Davis · Reliant Realty ERA Powered · MLS #R10566868

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Details at a glance

Interior3 property facts
Heating
Other
Cooling
Other
Flooring
Other
Building2 property facts
Style
Office
Roof
Other
Land & utilities4 property facts
Lot size
10 acres
Water
Public
Sewer
Public Sewer
Zoning
0101 commercial
Financial2 property facts
Annual taxes
$13,030
Assessment year
2018

Location

Estimated monthly cost

Explore costs at the $7,500,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$39,010 / monthAdjust
Principal & interest
$37,924
Property tax
$1,086
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $13,030. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Sld

    $3,000,000 · Sold $3,000,000 · Feb 1, 2019

  2. Sld

    $3,000,000 · Sold $3,000,000 · Feb 1, 2019

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About 12900 Okeechobee Boulevard

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Request a tour of 12900 Okeechobee Boulevard and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.