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12900 Okeechobee Boulevard, Loxahatchee Groves, FL 33470

$7,500,000
Property Type: Commercial Lease Status: Active
Current Price: $7,500,000 Last Modified: 7/25/2023

Description

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.

More Information MLS# RX-10566868

Contract Information

Status: Active Original List Price: 6000000 Auction: No List Price: $7,500,000 Current Price: $7,500,000 Listing Date: 2019-10-04 Comm/Non-Rep: 0.0% Comm/Buyer Agent: 2.0% Comm/Trans Brk: 2.0%

General Property Description

Type: Office For Sale: Yes For Lease: Yes Property Desc: 10 acres commercial Subdivision: LOXAHATCHEE GROVES Built Desc: Preconstruction SqFt Source: Other Acres: 10

Location, Tax & Legal

Area: 5590 Geo Area: PB25 County: Palm Beach Parcel ID: 41414317016330010 Street #: 12900 Street Name: Okeechobee Street Suffix: Boulevard State/Province: FL Zip Code: 33470 Multiple Ofrs Acptd: Yes Zoning: 0101 commercial Legal Desc: LOXAHATCHEE GROVES TR 33 (LESS W 1158.6 FT, E 50.02 FT & NELY TRGLR PAR ADDL FOLSOM RD R/W) BLK F Tax Year: 2018 Real Estate Taxes: 13030 Geo Lat: 26.705194 Geo Lon: -80.247006

Remarks & Misc

Directions: Okeechobee Blvd to the South West corner corner of Okeechobee and Folsom.

Office/Member Info

DXORIGMLNO: RX-10566868 DXORIGMLSID: RML

Property Features

Use: Mixed; Professional Office; Other Type of Building: Anchor Center; Commercial; Free Standing; Income; Not Improved; Office Space; Office/Professional; Restaurant Sale Includes: Land Only Avail Docs: Enviro. Audit-PH1; Survey Avail Info: Environmental Study; Existing Survey Flooring: Other Cooling: Other Heating: Other Fire Protect: None Tenant Pays: Electric; Insurance Utilities: Electric; Public Sewer; Public Water; Separate Meter; Underground Roof: Other Terms Considered: Cash; Will Rent; Other Lease: Land Lease; Long Term; 11+ Years Showing Instructions: Text Listing Agent
Listing Office: Reliant Realty ERA Powered
Last Updated: July - 25 - 2023
12900 Okeechobee Boulevard, Loxahatchee Groves, FL 33470- MLS# RX-10566868
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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