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INCOME PRODUCING EQUESTRIAN FARM IN PALM CITY, FLORIDA

This investment equestrian farm is located on an upscale street in Palm City Farms. What can you say about this neighborhood other than LOCATION-LOCATION. Very upscale homes are on this street, homes that are on 5-10-15 acre parcels. Convenient shopping is just minutes away and highway 95 is within 3 miles and so is the Florida Turnpike. This is a great one to consider for either investment or a Gentleman's home.

Carol Barron-Cross | Yanick Realty | 772 283 6582

6635 Gator Trail, Palm City, FL

3 Bdrm Single Family House

offered at $699,000

Year Built	1972
Sq Footage	2,081
Bedrooms	3
Bathrooms	2 full, 0 partial
Floors	1
Parking	Unspecified
Lot Size	8.4 acres
HOA/Maint	$0 per month

DESCRIPTION

This investment equestrian farm is located on an upscale street in Palm City Farms. This farm produces approximately $3,600-$4,000 each month. The farm has a main home with 1,872 sq. ft. living area and 2,141 sq. ft. overall. The home has a hip roof with composition shingles, tile flooring and wood sheated exterior and is rented. The 8 stall barn is rented and board horses, as well. There is a designer guest house on the property with granite tops, etc., that rents, also. Horse owners come to let their horses turn out into the paddocks on a rental bases.
The fencing is board with multiple paddocks. There is a well house, septic tank, storage facility and gated entrance. This property does not have to be an investment property. It qualifies for a Gentleman's Farm as well. I would say that this is a very good choice for equestrian property as the location is prime. It is only minutes away from all convenience. This is an upscale equestrian neighborhood. Ranches and homes are on 5-10-15 acre parcels. This property is on 8.42 acres. Taxes were $4,756.oo for 2007.