Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8600 SW Springhaven Avenue Indiantown, FL 34956

    View on Map
    For Sale
    $350,000

    Single Family Detached, Agricultural,Other,Single Family - Indiantown, FL

    Type:Single Family Residence
    Added:
    Mar 15, 2025
    Days on Market:
    385
    Last Refresh:
    Apr 3 at 10:06 am

    Property Features for 8600 SW Springhaven Avenue

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    A-2
    Exterior features
    None
    Standard status
    Active
    APN
    123937001000000503

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    2165.31

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Thamayra E Abreu

    Listing agent Thamayra E Abreu

    Listing office Partnership Realty Inc. 1663 S. Congress Avenue, West Palm Beach, FL

    Listing date Mar 15, 2025

    MLS# RX-11071917 Listing URL

    Copyright © 2026 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Idyllic Land with Fishing Pond

    This 4.9 acre property is located in Springhaven Estates, off Hwy 710 in Martin County. The scenic lot features mature pastureland and a large fishing pond. The surrounding area includes well-maintained homes on similar 5-acre parcels. It is located 20 minutes from the Florida coastline, with access to attractions such as Jonathan Dickinson State Park. Nearby Indiantown and Okeechobee provide shopping, dining, and recreational options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Real Estate Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indiantown
    County
    Martin
    State
    Florida
    Longitude
    -80.5835997
    Latitude
    27.1017779

    Nearby Similar for Sale

    • $440,000

      Waterfront Property on Okeechobee Waterway

      Secluded 0.87-acre waterfront property with access to the Atlantic.
      14700 SW Sonora Terrace, Indiantown, FL 34956
      View Details
    • $137,700

      Indiantown Land For Sale

      Two lots zoned for mixed-use development in a growing community.
      14699 SW Dr Martin L King Jr, Indiantown, FL 34956
      View Details
    • $500,000

      Waterfront Homesite in Palm Oaks

      1.97-acre waterfront homesite with navigable water access in Indiantown, FL.
      15306 SW Palm Oak Ave, Indian Town, FL 34956
      View Details
    • $535,000

      Indiantown Agricultural Land Opportunity

      15 acres of fenced land in Martin County.
      0 SW Tommy Clements Street, Indiantown, FL 34956
      View Details
    • $55,000

      Cleared Lot Ready for Building

      Cleared 7013.16 sq ft lot ready for new home.
      14832 SW 168th Avenue, Indiantown, FL 34956
      View Details
    • Contact for pricing

      Indiantown Marina Development Opportunity

      53.41-acre development site at Indiantown's gateway entrance.
      SW Warfield Blvd, Indiantown, FL
      View Details
    • $69,900
      650 SF

      Established Nail Salon in Indiantown

      Turnkey nail salon for sale in busy plaza.
      14988 SW Monroe Ave, Indiantown, FL
      View Details
    • $250,000

      Land For Sale Indiantown, FL

      Land available for sale in Indiantown, Florida.
      15741 SW 153rd St, Indiantown, FL
      View Details

    FAQs

    What type of property is this?
    Ranch - 4.9 acre property with pastureland and fishing pond.
    Where is this ranch located?
    The property is located at 8600 SW Springhaven Avenue Indiantown, FL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 4.9 acre property with mature pastureland and **a large fishing pond**.; Located in the desirable Springhaven Estates, offering privacy and a sense of community.; Conveniently located just off Hwy 710 in Martin County.
    (561) 951-5516
    We can help!
    Listing Contact
    Thamayra E Abreu
    Real Estate License ID: 3215022
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!