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Archived about 1 year ago

$17,500,000

3267000 sqft

Hendry Boulevard , Moore Haven, FL 33471

Lot Off MLS

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Golfview Isles Subdivision - Moore Haven

Off Market Land Deal For The Ambitious Developer

Owner is a family friend that is retiring from real estate and is selling his 75+ acre premium waterfront land first time on the market. He owned the land for more than 40 years. Undeveloped but improved and maintained the land is surveyed, zoned and approved for +- 100 single family home lots with each lot approx. 12.000 sq ft. with premium water access no fixed bridges.

Through Calooshatchee Canal it is possible to take your boat and visit Fort Meyers or West Palm Beach.

It is un-developed land and there are currently no utilities installed on the land.

Location:

Hendry Boulevard , Moore Haven, FL 33471

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.