5000 SW Green Farms Lane
Palm City, FL 34990
#FX-10304180
Description
Unique Opportunity: Land plus Lake with Income. 100 +/- acre site. Palm City, Martin County. Approximately 52 acres land plus 48 acre reclaimable lake. 1.9 miles south of 110 exit by I-95. Currently on-site Land Reclamation Project business operation. 1 employee handles the operations. 2023 Pro Forma gross of $560,000 includes Pro Forma NOI of $285,856. plus approximately $54,000 of other Owners' Benefits. Call Listing Agent to discuss. 2.3M+ cu. yd. capacity of remaining lake. Business currently has 6 +/- more years government authorizations to operate. 900 +/- sq. ft. office. 1,600 +/- sq. ft. equipment shed. Measurements are approx. 3 separate Major development projects planned just this past year in Palm City.
Property Details
- Lot DescriptionPublic Road
- ViewPond
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Utility SourceWell
Community and Neighborhood Details
- CountyMartin
Financial Details
- Original List Price$4,000,000
- Taxes Annual$7,765
- Buying Agency Compensation2.0%
Other
- MLS #FX-10304180
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Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Robert Edlin (#444806)
Listing Office: RE/MAX Preferred (#276546334)
