NOT LISTED FOR SALE

7406 SW Kanner Hwy Palm City, FL 34990

Estimated Value: $724,643

20 Acres
$36,232 Price per Acre
871,200 Sq Ft Lot

Last Sold September 20, 2018

Last sale price $237,500

Est. 205% increase in value since last sale

Current estimated payment $4,181/month

153 Days on Market

About This Lot

As of September 2018

Recently cleared 20 acre parcel fronting on #76 Kanner Highway, is available for purchase. This easily accessible property is zoned for residential (one home-20 ac), agricultural-nursery or groves, equestrian, or cropland. Beautiful homes nearby, with residential waterfront parcels directly across the highway. there is an adjoining 20 acre parcel to the south which can also be purchased with this one marking a huge 40 acre site. Located just north of Sunlight Ranch and Payson Park onKenner Highway.

Last Agent to Sell the Property

Alberto Ruiz

GP Real Estate Advisors License #3158712 Listed on: 02/08/2018

Last Buyer's Agent

Alberto Ruiz

GP Real Estate Advisors License #3158712 Listed on: 02/08/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,600

Lot Details

  • 20 Acre Lot
  • Lot Dimensions are 871200x0
  • Dirt Road
  • Cleared Lot
  • Property is zoned A-2

Location

  • City Lot

Utilities

  • Well
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Box Ranch Grvs 01 Add/Pla Condos
  • Box Ranch Grvs 01 Add/Pla Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2839400020000024000000

Property Details

Property Type

Land

Est. Annual Taxes

$2,600

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Ownership: Corporation
  • Directions: #76 KANNER HWY GO SOUTH PASS #75A & BRIDGE RD ON LEFT SIDE OR FROM INDIANTOWN RD, GO NORTH ON#76 2 MILES PAST PAYSON PARK. GROVEVIEW DR IS NORTH SIDE OF LOT #25. (THIS PARCEL IS LOT #23). BUILT YOUR DREAM HOME AND BARN + RV.100% USABLE LAND.
  • Horses: No
  • Lot Size Acres: 20
  • Lot Size: 871200x0
  • New Construction: No
  • Road Frontage Type: County Road, Public Road, State Road
  • Road Surface Type: Dirt
  • Subdivision Name: Box Ranch Grvs 01 Add/Pla
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Other Plan Use, Rural

Exterior Features

  • Lot Features: City Location, County Location, 10 Or More Acres, Cleared Land, No Bldg Included
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Box Ranch Grvs 01 Add/Pla

Utilities

  • Sewer: None
  • Water Source: Well
  • Utilities: No Utilities, Electricity Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 2839400020000024000000
  • Current Use: Unimproved Agr/Recreation/Mobile Home, Other Usage
  • Lot Size Sq Ft: 871200
  • Zoning: A-2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
Sep 21, 2018
Sold by
Box Stuart 24 Llc
Bought by
Busters Organics Llc
Seller's Agent
Alberto Ruiz
GP Real Estate Advisors
Buyer's Agent
Alberto Ruiz
GP Real Estate Advisors
List Price
$300,000
Sold Price
$237,500
Premium/Discount to List
-$62,500
-20.83%
Current Estimated Value
$724,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,143
Avg. Annual Appreciation
16.99%
Interest Rate
4.65%

Purchase Details

Closed on
May 27, 2004
Sold by
Box Ranch Of Martin County Ltd
Bought by
Box Stuart 24 Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Busters Organics Llc $475,000 --
Box Stuart 24 Llc $367,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Busters Organics Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2018 09/20/18 Sold $237,500 -36.7% --
04/10/2018 04/10/18 Price Changed $375,000 +25.0% --
02/08/2018 02/08/18 For Sale $300,000 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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 $4,653 $314,955 -- --
2024 $4,773 $283,730 -- --
2023 $4,773 $286,540 $0 $0
2022 $5,517 $321,409 $0 $0
2021 $5,055 $292,190 $292,190 $0
2020 $5,098 $292,190 $292,190 $0
2019 $5,161 $292,190 $292,190 $0
2018 $3,706 $270,170 $270,170 $0
2017 $2,669 $160,100 $160,100 $0
2016 $2,429 $142,890 $142,890 $0
2015 $2,398 $146,090 $146,090 $0
2014 $2,398 $146,090 $146,090 $0
Source: Public Records

Agents Affiliated with this Home

  • Alberto Ruiz

    Seller's Agent in 2018

    Alberto Ruiz

    GP Real Estate Advisors

    (786) 264-2696

    18 Total Sales

    Alberto Ruiz
    Section Image

  • G

    Buyer Co-Listing Agent in 2018

    Giselly Ruiz

    GP Real Estate Advisors

    9 Total Sales

    Giselly Ruiz
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10415579

MIAMI REALTORS® MLS

APN: 28-39-40-002-000-00240-0

Florida Martin County Palm City 34956

7406 SW Kanner Hwy, Palm City, FL

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