Income Producing Farm
47430 State Dr, West Palm Beach, FL 33406
32-acre farm with warehouse, apartment, and irrigation system.
Type:Land
Property size:
2,460 SFLot size:
32.00 AcresPrice / SF:
$1,219/SF- Added:
- Nov 5, 2024
- Days on Market:
- 572
- Last Refresh:
- May 19 at 11:02 pm
Property Features for 47430 State Dr
General Information
- Standard status
- Active
- Size
- 2,460 SF
- Lot size
- 32.00 Acres
- Property subtype
- Land
Listing agent Reinaldo Perez License #3122186 (305) 972-5890
Listing office Florida Realty of Miami Corp (305) 972-5890
Listing date Nov 5, 2024
Source Exprealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Florida Realty of Miami Corp
HighLights
- High‑income producing farm with $1,500,000 gross revenue and $928,000 gross return.
- 32 acres of farmland in Palm Beach County, Florida.
- Established Aloe Vera farm, the only one in Florida, operating for over 35 years with major box store clients.
- Includes a fully equipped 824 sq ft 3 bed/3 bath apartment.
- Comes with a 2460 sq. ft. warehouse and a complete irrigation system.
- Purchase includes essential equipment: Diesel Pumps, Electrical Pumps, and a Tractor.
Overview
This income-producing property features 32 acres of farmland in Palm Beach County, located just off US 27, approximately a 1.5-hour drive from Miami. The property is currently cultivated with aloe, plantains, sugar cane, and other fruit trees. It includes an irrigation system and a 2460 sq ft warehouse. Additionally, there is an 824 sq ft apartment with 3 bedrooms and 3 bathrooms. The property has 3-phase power available at 240v/120v. The gross income is $1,500,000 with a gross return of $928,000. The purchase includes diesel pumps, electrical pumps, a tractor, and all equipment necessary to conduct business. Other equipment is negotiable. This aloe vera farm has been in existence for over 35 years with major box stores as their clients and is the only aloe vera farm currently in Florida.
Location Intelligence
Current Use by Public Records
Farms
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.1117209
- Latitude
- 26.6449417
Nearby Similar for Sale
FAQs
What type of property is this?
Farm - 32-acre farm with warehouse, apartment, and irrigation system.
Where is this farm located?
The property is located at 47430 State Dr West Palm Beach, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: High‑income producing farm with **$1,500,000 gross revenue and $928,000 gross return.**; 32 acres of farmland in Palm Beach County, Florida.; Established Aloe Vera farm, the only one in Florida, operating for over 35 years with major box store clients.
