House 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.

Highlights

Listed by Kathryn Marie Davis , 561-723-5282 Reliant Realty ERA Powered , 561-810-8379. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage

County

Palm Beach

Area

5590

Listing ID

R10566868

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Payment Breakdown

Principal Interest

$37,853

Taxes

$1,086

Home Price

$7,500,000

Home Price

Loan Details

30 yrs

6.482%

Interest Rate

Loan Type

Down Payment

20%

$1,500,000

Down Payment

Down Payment %

All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Monthly Price:

$37,853.08

Principal

Taxes

	Principal	Taxes	HOA	Total
Monthly	$37,853.08	$1,085.83	$0.00	$38,938.92
Yearly	$454,237.00	$13,030.00	$0.00	$467,267.00
Total	$13,627,109.89	$390,900.00	$0.00	$14,018,009.89