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

    Okeechobee Boulevard, , FL FL

    Claim this Listing
    New
    For Sale
    $10,000,000

    LAND - FL

    Lot size:
    12.00 Acres
    Added:
    Apr 23, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 25 at 10:06 pm

    Property Features

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AR(cit
    Vegetation
    Grassed
    Standard status
    Active
    APN
    41414317012100010
    Lot size
    12.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOXAHATCHEE GROVES TR 10 BLK B
    Tax Annual Amount
    20014

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Leslie Tauber Pack

    Listing agent Leslie Tauber Pack License #3412690

    Listing office Browning Realty 2562 Players CT, FL

    Listing date Apr 23, 2026

    MLS# B26019687 Listing URL

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

    Overview

    12 Acres Agricultural Land For Sale

    This property features 12 acres of agricultural land located in Palm Beach County, Florida. The zoning is AR(cit.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Nearby Similar for Sale

    • $799,900
      4,814 SF

      Daycare Facility in Orange Park

      Operating daycare center with property for sale in Orange Park.
      FL
      View Details
    • $975,000

      Turnkey Eco Lodge Near Arenal

      Eco Lodge with six private rooms near Arenal Volcano.
      Distrito 14 San Lorenzo, , FL
      View Details
    • $3,800,000
      1,472 SF

      Turnkey Luxury Fragrance Business

      Luxury fragrance business with multiple retail locations and e-commerce platform.
      FL
      View Details
    • $5,250,000

      Beachfront Hotel with Celebrity History

      25-room hotel with private beach and celebrity history.
      Moxons Beach Club Hotel N Boscobel, St. Mary Parish, Jamaica, , FL
      View Details
    • $566,000

      Turn-Key Hotel Business Opportunity

      Established hotel business in Colombia's Coffee Region, a growing tourism destination.
      Quimbaya Colombia, , FL
      View Details
    • $699,900
      1,590 SF

      Coastal Triplex Near Cocoa Beach

      Turnkey triplex near the beach, fully furnished, income-producing.
      FL
      View Details
    • $700,000
      1,300 SF

      Profitable Liquor Store Business

      Established liquor store business for sale with license and inventory.
      Established Profitable Liquor Store Business, , FL
      View Details
    • $450,000
      2,378 SF

      Convenient Triplex in Quiet Area

      Triplex with renovation potential in a convenient, quiet location.
      FL
      View Details
    • $30,000,000

      Oceanfront Land with Beach Frontage

      Prime oceanfront land with extensive beach frontage for development.
      Casa De Campo Castillete, , FL
      View Details
    • $300,000

      Coffee Farm in Salento, Quindio

      Charming coffee farm near Salento, Colombia's Coffee Cultural Landscape.
      Kilometro -0, , FL
      View Details
    • $2,500,000

      Hotel/Motel in Huigra, Ecuador

      37-room hotel with pool and gardens on 17 acres.
      Hotel Avenue, , FL
      View Details
    • $430,000

      Executive Office in Bicsa Tower

      Executive office space with bay views and Hilton Hotel amenities.
      Torre Bicsa Financial Avenida Balboa y Calle Aquilino de la Guardia, , FL
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 12 acres of agricultural land available in Palm Beach.
    Where is this agricultural land / farmland located?
    The property is located at FL.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: Public water source available.; Public sewer connected.; Location coordinates provided for easy identification.
    (561) 714-5455
    We can help!
    Listing Contact
    Leslie Tauber Pack
    Real Estate License ID: 3412690
    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!