Special offer

Palm Beach County Proposes Equestrian Community

By
Real Estate Agent with The Gasset Group & Get It Done For Me Virtual Services 13253167-SA00
Palm Beach County Proposes Equestrian Community.


Palm Beach County voted to approve a horse community to be built on the Mecca orange groves the county bought for the Scripps Research Institute that did not come to pass in our county.This land is located in the Loxahatchee area in the Western Communities of Palm Beach County Florida.
palm beach county proposal for equestrian community

 

The county commissioners voted for the following proposal:

  • Sell the land to a developer who will build 192 homes on that land
  • Build a 40 acre Equestrian Center
  • The remaining 960 acres would be set aside for open spaces and environmental restoration.


The county would recoup $56 million which will be about half of what they spent on buying and preparing  this land from Mecca Farms when they thought that Scripps was moving to this location. The commission had spent $60 Million for the property in 2004 which was $10 over the appraised value and then they spent $44 million getting the land ready for Scripps.

palm beach county proposal for equestrian communityThe plan that is approved to have an Equestrian center built as part of this project will bring tax dollars to the community. The county will never be able to recover the money that they wasted spent on paying over market value for land without the promise from Scripps that they would really make this location their home. During this time of speculation the housing prices and lot prices in this area of The Acreage and Loxahatchee Florida were sky rocketing. 1 acre lots were selling at over $140,000 per acre, now we can not even get $80,000 for these lots. Between Scripps not coming to Palm Beach County and the real estate market declining prices have really dropped in the Acreage and in Loxahatchee.

***************************************************************************

Contact Nestor Gasset and Katerina Gasset, CIPS, Realtors®, International Properties and Investments, Inc. Licensed Realtors® in Florida at 561-753-0135 to list your property for sale or to purchase a property in Wellington, Royal Palm Beach, Loxahatchee, Lake Worth, Hypoluxo Island, Lantana, West Palm Beach and the rest of Palm Beach County Florida and Port St Lucie Florida. We are accepting referrals.

Call us today at 561.753.0135 or Toll Free 800.444.3316. Contact us by email if you prefer by clicking on email me on the right side of this page under our profile.

To view all the Wellington Florida Luxury Homes For Sale Click here and then click on Search For Homes We know Palm Beach County and St Lucie Country; we will help you get your home Sold if you need to Sell your home and help you buy your Wellington Home or Land ; call us today.

Disclaimer:The information provided herein is supplied by several sources and is subject to change without notice. Wellington Homes Blog does not guarantee or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Wellington Homes Blog represent the opinions and ideas of the author(s). Wellington Homes Blog does not express the views of International Properties and Investments, Inc or those of the broker.

P.S. If you are listing your home as a short sale in Palm Beach County Florida and Port St Lucie Florida make sure you hire an agent who knows how to do short sales and has the experience to get the job done. We are doing successful short sale packages. Call us at 561-753-0135 to find out more about Palm Beach County Short Sales and Port St Lucie Short Sales.

Copyright © 2008 By Katerina Gasset, All Rights Reserved.* Palm Beach County Proposes Equestrian Community.*

 
Posted by

Never miss an important post- follow me on my ActiveRain Blog 

In real estate we service Utah County, Salt Lake County, Wasatch County, Tooele County. This includes many towns and cities. Some of which are: Provo, Orem, Salt Lake City, Draper, Springville, Spanish Fork, Payson, Lehi, American Fork, Vineyard, Saratoga Springs, Eagle Mountain, Pleasant Grove, and more. 

Katerina Gasset is a real estate agent who is also a digital marketing strategist, website designer and consultant for real estate brokerages, agents, entrepreneurs and small business owners. She is also the owner of Get It Done For Me Virtual Services. 

Katerina is a Certified AI Marketing Specialist. She can help you with ChatGPT, Content at Scale, Neuronwriter, prompting, and many other AI tools. 

She develops products and online courses to empower real estate agents to reach their marketing, SEO, social media and branding goals. Katerina Gasset is a blogger, author, podcaster, and keynote speaker.  

Text Katerina with your name + number to work with her:

 561-502-1577 

 

 

  •  

 

 

 

 

 
  
 
 
 

 

Comments (3)

Fred Chamberlin
Guild Mortgage Co - Oak Harbor WA - Oak Harbor, WA
Oak Harbor/Whidbeynulls, #1 Experienced FHA Mortgage Consultant

Katerina, makes you wonder who makes decisions of this size and why they still have their jobs, doesn't it?

Sep 26, 2008 05:16 AM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Fred- it is like, how can we waste more of the taxpayers money!

Sep 26, 2008 07:09 AM
Fred Chamberlin
Guild Mortgage Co - Oak Harbor WA - Oak Harbor, WA
Oak Harbor/Whidbeynulls, #1 Experienced FHA Mortgage Consultant

You know, the absolute worst thing you can give a politician is money. They get way to addicted to it.

Sep 26, 2008 08:51 AM