$25,000,000

Estimated payment $138,993/month

Total Views 6,587
40 Acres
$625,000 Price per Acre
1,742,400 Sq Ft Lot

Highlights

  • 2,038 Feet of Waterfront
  • Horses Allowed in Community
  • Canal View
  • Hawkes Bluff Elementary School Rated A-
  • 40 Acre Lot
  • Corner Lot

About This Lot

***ONCE IN A LIFETIME OPPORTUNITY TO OWN 40 ACRES OF PRIME LAND IN SOUTHWEST RANCHES!!!*** THE PROPERTY IS CURRENTLY ZONED “CF” (COMMUNITY FACILITY). HOWEVER, IT CAN NOT OPERATE UNDER ITS' CURRENT ZONING DESIGNATION AND NEEDS TO BE REZONED AND DOWNGRADED TO "RR" (RURAL RANCHES - 2 ACRE MIN HOMESITE). THERE IS A 1,000 LINEAR FT SEPARATION REQ'D BY THE TOWN BETWEEN 2 PROPERTIES ZONED "CF". THE CONTIGUOUS 43 ACRES IS ZONED "CF" AND IS ALSO AVAILABLE FOR PURCHASE..TOTALING 83 ACRES... THE OPTIONS ARE ENDLESS TO REDEVELOP ESPECIALLY FOR A DEVELOPER LOOKING TO CAPTURE THE LUXURY MARKET,ALL 83 ACRES CAN BE DOWNGRADED TO “RR” RURAL RANCHES WHICH ALLOWS FOR 2 ACRE+ NET HOMESITES…OR KEEP THE COWS&LAND BANK THIS AMAZING PROPERTY FOR FUTURE GENERATIONS! OWNER WILL SUBDIVIDE TO ACCOMMODATE YOUR NEEDS.

Listing Agent

Thomas Crivello

Tommy Crivello Real Estate Group License #3222956 Listed on: 05/02/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,062

Lot Details

  • 40 Acre Lot
  • 2,038 Feet of Waterfront
  • Home fronts a canal
  • North Facing Home
  • Corner Lot
  • Paved or Partially Paved Lot
  • Irregular Lot
  • 2 Lots in the community
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Property is zoned CF (I-1)

Additional Features

  • Canal Views
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 504027030010

Community Details

Overview

  • Sunshine Ranches Subdivision

Recreation

  • Horses Allowed in Community

Property Details

Property Type

Land

Est. Annual Taxes

$11,062

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Other
  • Property Sub Type Additional: Other
  • Directions: CORNER OF HANCOCK ROAD AND GRIFFIN ROAD.
  • Special Features: VirtualTour

Exterior Features

  • View: Canal
  • Road Frontage Type: Waterfront
  • Lot Features: Corner Lot, Irregular Lot, Split Possible
  • Road Surface Type: Paved
  • Waterfront Features: Canal Front
  • Waterfront: Yes
  • Disclosures: Agricultural Exemption
  • Direction Faces: North
  • FrontageLengthRemarks: 2038

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Home Owners Association

Lot Info

  • Parcel #: 504027030010
  • Development Status: Other
  • Horse Amenities: Horses Allowed
  • Lot Size Acres: 40.0
  • Lot Size: IRREGULAR
  • Lot Size Sq Ft: 1742400.0
  • Number Of Lots: 2
  • Additional Parcels Description: 504027030012,
  • Zoning Description: CF (I-1)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11062.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $42,647 $5,590,100 -- --
2024 $49,990 $5,590,100 -- --
2023 $49,990 $4,619,920 $0 $0
2022 $32,612 $4,199,930 $0 $0
2021 $36,466 $4,209,930 $3,061,440 $1,148,490
2020 $52,606 $4,209,930 $3,061,440 $1,148,490
2019 $11,770 $4,209,930 $3,061,440 $1,148,490
2018 $13,464 $4,209,930 $3,061,440 $1,148,490
2017 $68,264 $7,339,350 $0 $0
2016 $11,345 $4,209,930 $0 $0
2015 $70,292 $7,338,800 $0 $0
2014 $10,113 $4,167,380 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 For Sale $25,000,000 -21.9% --
05/02/2025 05/02/25 For Sale $32,000,000 -43.9% --
05/02/2025 05/02/25 For Sale $57,000,000 0.0% --
05/02/2025 05/02/25 For Sale $57,000,000 +153.3% --
04/02/2025 04/02/25 Sold $22,500,000 -10.0% --
03/06/2025 03/06/25 Pending -- -- --
03/01/2025 03/01/25 For Sale $24,999,000 +177.8% --
02/24/2022 02/24/22 Sold $9,000,000 -30.8% --
01/25/2022 01/25/22 Pending -- -- --
01/09/2022 01/09/22 For Sale $12,999,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $22,500,000 None Listed On Document
Warranty Deed $9,000,000 Grueninger Law Pa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $17,250,000 Balloon
Previous Owner $5,000,000 New Conventional
Previous Owner $1,155,000 Unknown
Previous Owner $750,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10501604

BeachesMLS (Greater Fort Lauderdale)

APN: 50-40-27-03-0010