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    5528 Canal Dr Greenacres, FL 33463

    Sponsored
    For Sale
    $14,500,000

    13 Luxury Home Lots, Shovel Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.79-acre development in Greenacres, Florida, offers 13 fully permitted lots ready for construction of luxury single-family homes. Nestled within a prestigious golf course community in Palm Beach County, this shovel-ready project boasts completed underground utilities, a secured guard house, and a private bridge. All necessary plans, permits, and impact fees are included, along with marketing materials. The site features a private interior lake and panoramic golf course views. Lots are designed for privacy, with no adjacent neighbors or back-to-back lots. State-of-the-art infrastructure includes a dedicated sewer lift station and fiber optic internet. This prime location offers low HOA fees, proximity to top schools, and easy access to beaches and amenities. The project is designed by award-winning architects, planners, and landscape designers, ensuring a luxurious and harmonious environment. This presents a unique investment opportunity, with flexible options including straight sale, turnkey sale, trade, seller financing, or joint ventures. Capitalize on the high demand for single-family homes in Palm Beach County and the influx of new residents to South Florida. The asking price is $14,500,000. APN: 00-42-45-11-00-000-7000. Address: 5528 Canal Dr., Lakeworth, FL 33463.

    Property Features for 5528 Canal Dr

    General Information

    Property type
    Land
    Lot Size
    382,892 SF

    HighLights

    • Luxury homesites on prestigious Top Palm Beach Golf Course.
    • Approved architectural plans & paid impact fees.
    • Foundations complete for four model homes, guardhouse, and entry monument.
    • Site fully developed and ready for construction.
    • Comprehensive marketing package available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenacres
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.1294945
    Latitude
    26.5635378

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    FAQs

    What type of property is this?
    Land - 13 Luxury Home Lots, Shovel Ready
    Where is this land located?
    The property is located at 5528 Canal Dr Greenacres, FL.
    What is the asking price?
    The asking price for this property is $14,500,000.
    What are key features of this property?
    This property features: Luxury homesites on prestigious Top Palm Beach Golf Course.; Approved architectural plans & paid impact fees.; Foundations complete for four model homes, guardhouse, and entry monument.
    (786) 426-6496
    Request Owner's contact information
    5528 Canal Dr Greenacres, FL 33463
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    Greenacres, FL 33463
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    Realmo Value Estimation

    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.

    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.

    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
    5528 Canal Dr Greenacres, FL 33463
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