$15,500,000
Wellington, FL 33414
MLS# RX-10832627
Status: Closed
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Property Description
Located within hacking distance from the Wellington International show grounds, this is an extremely rare chance to purchase one of the last expansive land parcels in Wellington! Boasting a total of 38.55 acres, the property currently consists of 3 separate lots of 8.52, 10 and 20.03 acres. With further subdivision possible, this is one-of-a-kind investment opportunity.
Details
Contract Information
Listing Date: 2022-09-16
Status: Closed
Original List Price: 15500000
Auction: No
Sold Price: $14,000,000
Current Price: $14,000,000
List Price/Acre: 402075.22
General Property Description
Type: Agricultural
Lot Dimensions: 1,294 ' x 1,296' approx 38.55 acres
Lot SqFt: 1679238
Lot Frontage: 1294
Lot Depth: 1294
Acres: 38.55
Waterfront: Yes
Waterfrontage: 1294'
Subdivision: N/A
Front Exp: South
Homeowners Assoc: None
Directions: South Shore Blvd to 50th
Location Tax Legal
Area: 5790
County: Palm Beach
Parcel ID: 73414428000007020
Street #: 13951
Street Name: 50th
Street Suffix: Street
Street Post Dir: S
Zip Code: 33414
Legal Desc: 28-44-41, S 1/2 OF S 1/2 OF SW1/4 OF SW 1/4 (LESS S & W 50 FT R/WS)
Geo Lat: 26.608535
Geo Lon: -80.268471
Status Change Info
Under Contract Date: 2023-02-24
Sold Date: 2023-02-24
Sold Price: $14,000,000
Terms of Sale: Cash
Sold Price/Acre: 363164.72
Property Features
Land Use: Agricultural
Location: Agricultural Residen
Lot Description: 26 to 50 Acres; Paved Road; Public Road; Treed Lot; West of US-1
Develop Status: Undeveloped
Improvements: Fenced; Filled; Well
Utilities Avail: Cable; Electric; Trash Removal; Well Water
Utilities On Site: Well Water
Waterfront Details: Canal Width 1 - 80
Ground Cover: Grassed; Other
Roads: City/County Maint.; Paved
Miscellaneous: Onsite Water Retent
Avail Docs: Aerial
Trees: Other; Partially Treed
Terms Considered: Cash; Conventional
Showing Instructions: Text Listing Agent
Possession: At Closing
Contingencies: None
Listing Office: Engel & Volkers Wellington
Last Updated: February - 28 - 2023
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