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Gelfand Realty Miami Properties for Sale - Commercial for Sale

5000 SW GREEN FARMS LN, PALM CITY, FL 34990

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Commercial - for Sale

5000 SW GREEN FARMS LN, PALM CITY, FL 34990

Asking Price$4,200,000

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  • Tax Legal Description:

    A PARCEL OF LAND LYING IN SEC 30-38-40 MARTIN COUNTY FLORIDA BEING MORE PARTICULARLY DESCRIBED IN OR 2793/2036 LESS AND EXCEPT THOSE LANDS M

  • Tax Year:

    2022

  • Property Type:

    Commercial

  • Waterfront:

    Yes

  • Boat Dock/Water Access:

    Other

  • Waterfront Description:

    Lake Front

  • Sewer Description:

    On-Site Treatment

  • Lot Features:

    50 Or More Acres

Description

$4,200,000 • waterfront access

Unique opportunity: land plus lake with income. 100 +/- acre site. palm city, martin county. approximately 52 acres land plus 48 acre reclaimable lake. 1.9 miles south of 110 exit by i-95. currently on-site land reclamation project business operation. 1 employee handles the operations. 2023 pro forma gross of $560,000 includes pro forma noi of $285,856. plus approximately $54,000 of other owners' benefits. call listing agent to discuss. 2.3m+ cu. yd. capacity of remaining lake. business currently has 6 +/- more years government authorizations to operate. 900 +/- sq. ft. office. 1,600 +/- sq. ft. equipment shed. measurements are approx. 3 separate major development projects planned just this past year in palm city.
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