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Exceptional 5. 61-Acre Agricultural Residential Property Rare opportunity to acquire a 5. 61-acre Agricultural Residential (AR) property in the heart of Loxahatchee, one of Palm Beach County's fastest-growing rural communities. This offering is for the land and existing infrastructure only and is ideal for agricultural, equestrian, residential, or investment purposes. The property is currently utilized as a nursery and features established irrigation infrastructure, including pumps, water distribution systems, and improvements that support agricultural operations. These existing improvements add significant value and functionality to the property. The nursery inventory is NOT included in the listed purchase price. *PRICE adjustment reflects inclusion of valuable infrastructure that were not previously part of the offering. the sale NOW includes the property's irrigation systems, security camera system, monitoring equipment, established infrastructure. The property currently contains approximately $200, 000 worth of plant inventory, including Clusia, Areca Palms, Adonidia Palms, Foxtail Palms, Coconut Palms, Podocarpus, Traveler Palms, Alexander Palms, Agaves, Desert Rose, Dracaena, Gumbo Limbo, Surinam Cherry, Robellini Palms, Cat Palms, and other tropical and ornamental landscape materials. The plant inventory may be purchased SEPARATELY through negotiation. Agricultural Residential zoning provides outstanding flexibility for a private estate, equestrian facility, farm, nursery operation, landscaping company, agricultural production, or future residential development, subject to applicable regulations. Ideally located near Wellington, Royal Palm Beach, Westlake, and the rapidly expanding western Palm Beach County corridor, this property offers the perfect combination of rural privacy and convenient access to shopping, dining, schools, equestrian facilities, polo venues, and major transportation routes. Property Features: • 5. 61 Acres (approximately 244, 372 square feet) • Agricultural Residential (AR) Zoning • Existing Irrigation Infrastructure • Pumps and Water Distribution Systems • Currently Utilized as a Nursery • Suitable for Agricultural, Equestrian, Residential, or Investment Use • Prime Location in a High-Growth Area
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $500,000 | $500,000 | $500,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,038 | $3,157 | $4,152 |
| Total Monthly Payment | $3,130 | $3,249 | $4,244 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.