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    For Sale (22)

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    Loxahatchee Land for Dream Home
    $284,900
    2.07 Acres

    Loxahatchee Land for Dream Home

    2.07 acre lot in Loxahatchee, build your dream home!

    94Th St N, Loxahatchee, FL 33470
    View details
    65 Acres on Highway 27
    $6,400,000
    65.00 Acres

    65 Acres on Highway 27

    65 acres of land with direct highway access.

    Us Highway 27, South Bay, FL 33493
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    Restaurant Opportunity in Prime Location
    $349,900
    2,012 SF

    Restaurant Opportunity in Prime Location

    Restaurant building and equipment for sale in central Pahokee.

    149 S Lake Ave, Pahokee, FL 33476
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    Waterfront Land in Leisure Lakes
    $55,000
    0.25 Acres

    Waterfront Land in Leisure Lakes

    Waterfront property with fixed dock and access to multiple lakes.

    1135 Greenfield St, Lake Placid, FL 33852
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    Waterfront Land in Leisure Lakes
    $69,900
    0.26 Acres

    Waterfront Land in Leisure Lakes

    Waterfront property with access to lakes for water sports.

    1123 Greenfield St, Lake Placid, FL 33852
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    Lake Park Multifamily Investment Property
    $1,450,000
    2,903 SF

    Lake Park Multifamily Investment Property

    Well-maintained 5-unit apartment property near Intracoastal Waterway.

    305 Cypress Dr E, Lake Park, FL 33403
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    Equestrian Property Near Wellington Venues
    $2,499,000
    10.00 Acres

    Equestrian Property Near Wellington Venues

    10-acre equestrian property in Loxahatchee Groves, near Wellington.

    1044 D Rd, Loxahatchee Groves, FL 33470
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    Equestrian Estate Land in Wellington
    $1,450,000
    5.00 Acres

    Equestrian Estate Land in Wellington

    Prestigious 5-acre equestrian estate opportunity in Wellington, Florida.

    16296 Deer Path Ln, Wellington, FL 33470
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    Waterfront Land in Lake Placid
    $55,000
    0.25 Acres

    Waterfront Land in Lake Placid

    Waterfront property with dock, access to Lake Carrie and June.

    1137 Greenfield St, Lake Placid, FL 33852
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    Waterfront Land in Lake Placid
    $56,000
    0.25 Acres

    Waterfront Land in Lake Placid

    Waterfront property with direct access to Lake Carrie and Lake June.

    1131 Greenfield St, Lake Placid, FL 33852
    View details
    Lake Worth Land Parcel
    $210,000
    0.15 Acres

    Lake Worth Land Parcel

    6,750 sq ft lot near Intracoastal Waterway and Ocean.

    1073 Florence Rd, Lake Worth, FL 33462
    View details
    Belle Glade Commercial Land For Sale
    $16,000,000
    85.00 Acres

    Belle Glade Commercial Land For Sale

    Vacant land with shop, totaling 85 acres near State Road.

    400 State Road 80, Belle Glade, FL 33430
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    Belle Glade Commercial Opportunity
    $349,900
    1,326 SF

    Belle Glade Commercial Opportunity

    Versatile property suitable for worship, daycare, or redevelopment.

    224 NW G Ave, Belle Glade, FL 33430
    View details
    Vacant Land in Palm Bay
    $60,000
    0.23 Acres

    Vacant Land in Palm Bay

    Vacant land suitable for building a dream home.

    2920 Gaffney Ave SE, Palm Bay, FL 32909
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    Vacant Land in Palm Bay
    $65,000
    0.27 Acres

    Vacant Land in Palm Bay

    Vacant land with no HOA, bring your boats and RV!

    San Filippo Dr SE, Palm Bay, FL 32909
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    Equestrian Property Near Wellington Venues
    $1,435,000
    1,000 SF

    Equestrian Property Near Wellington Venues

    5-acre equestrian property with barn, near Wellington horse venues.

    1100 D Rd, Loxahatchee Groves, FL 33470
    View details
    Lake Worth Beach Income Property
    $1,850,000
    3,408 SF

    Lake Worth Beach Income Property

    Five-unit income property with water views and expansion potential.

    130 S Lakeside 1 Dr, Lake Worth, FL 33460
    View details
    Pahokee Commercial Vacant Lot
    $220,000
    0.43 Acres

    Pahokee Commercial Vacant Lot

    0.43-acre vacant lot in the heart of Pahokee, Florida.

    197 W Main St, Pahokee, FL 33476
    View details
    Pahokee Restaurant & Parking Lots
    $350,000
    0.39 Acres

    Pahokee Restaurant & Parking Lots

    Turnkey Restaurant, Prime Location, High Potential

    149 Lake Ave, Pahokee, FL 33476
    View details
    Loxahatchee Equestrian Property For Sale
    Contact for pricing
    435,600 SF

    Loxahatchee Equestrian Property For Sale

    10-acre equestrian property near Wellington with polo field.

    1044 D Rd, Loxahatchee, FL 33470
    View details
    Pahokee Commercial Core Vacant Lot
    $220,000
    30,492 SF

    Pahokee Commercial Core Vacant Lot

    0.43-acre vacant lot in Pahokee's growth corridor.

    197 West Main St, Pahokee, FL 33476
    View details
    Land Available in Palm Beach
    $365,000

    Land Available in Palm Beach

    Land for sale in Palm Beach County, Florida.

    700 Larrimore Rd, Pahokee, FL 33476
    View details

    For Lease (2)

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    Office Space in Lake Park
    $2,800 / Mo
    2,016 SF

    Office Space in Lake Park

    Rare opportunity to lease office space in the heart of Lake Park.

    705 Park Ave, Lake Park, FL 33403
    View details
    Lake Park Office Space Available
    $2,800 / Mo

    Lake Park Office Space Available

    Office space for lease in the heart of Lake Park.

    705 Park Ave, Lake Park, FL 33403
    View details

    Leases and Sales on Map

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    RE/MAX Prestige Realty
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    RE/MAX Prestige Realty
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