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Commercial - for Sale

47430 STATE RD, PALM BEACH, FL 33440

Asking Price$3,000,000

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  • Days on market:

    267 day(s)
  • Original Price:

    $3,000,000
  • Tax Legal Description:

    2-44-35, E 458.04 FT OF SE 1/4 OF NW 1/4 LYG S OF & ADJ TO SR 25 R/W & N OF & ADJ TO ACL R/W TERMINAL (LESS SLY 89.6 FT OF WLY 213.43 FT SFC
  • Tax Year:

    2024
  • Property Type:

    Commercial
  • Waterfrontage (sqft):

    500
  • Lot Features:

    Other Location 25-50 Acres

Description

$3,000,000

Income producing property!!! 32 acres of farm land in palm beach county. just off us 27 , 1 1/2 hr. drive from miami. property currently has aloe, plantains, sugar cane and other fruit trees. property has its own irrigation system as well as 2460 sq. ft. warehouse. fully equipped 824 sq ft 3 bed/ 3bath apartment; 3-phase power available 240v/120v. produces $1,500,000 gross with a gross return of 928k purchase includes diesel pumps, electrical pumps, tractor and all equipment necessary to conduct business. all other equipment can be negotiated if the price is right. this aloe vera farm has been in existence for over 35 years with major box stores as their clients. this is the only aloe vera farm currently in florida .
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