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Beautiful 5 acre lot priced to sell come to take look

Wellington, Florida
N/a

Listings Stats

Published: Jan 06, 2025
Last Edited: Jan 06, 2025
Listing Type: Wholesale
Listing Status: Available
Number of Views: 40
Days On Flippery: 5
Number of Favorites: 0

The Numbers

Asking Price ($): $800,000
After Repair Value: $7,000,000
Est. Cost of Repairs: $0.00
Est. Gross Profit: $6,200,000
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Real Estate Investment

Description of Property

The property has a septic tank, the owner owes no money on the lot and its high and dry. Fully cleared 5-acre parcel offers endless possibilities for residential, agricultural, or equestrian use. With electricity already on the property. Its ready for development, whether you’re looking to build your dream home or create an equestrian retreat.Located in a peaceful, private area, this land provides an ideal setting for those who value tranquility and privacy. The surrounding community boasts excellent schools and a welcoming environment, making it perfect for families and nature enthusiasts alike.

LOT SIZE: 5.02 acres

Price: $800,000

EMD: 100,000 due on 1/13/25

Closing date: 1/22/25

Description of Repairs

N/a

  • Access:
    Message Me
  • Property Type:
    Land
  • Lot Size(acres):
    5 acres

The Numbers

  • Asking Price ($):
    $800,000
  • As-Is Price/Sq Ft:
    $0.00
  • After Repair Value:
    $7,000,000
  • ARV Price/Sq Ft:
    $0.00
  • Est. Gross Profit/Equity:
    $6,200,000
  • Price Negotiable?:
    No
  • Purchase Option:
    Cash,

Comparables

  • Comp 2

    Full Address:
    10670 Heritage Farms Road, Lake Worth, FL 33449
    Distance from Listing Property (mi):
    1 mile
    Sale Price:
    $1,250,000
    Sale Date:
    May 1, 2024

Property Inspection

Closing Details

  • Closing Attorney / Title Company:
    Southern Title & Abstract, Inc.
  • Target Closing Date:
    January 22, 2025
  • Details:
    EMD: $100,000 Earnest money is due January 13, 2025

Location

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