5400 Sw 70Th Ave, Davie, FL 33314: Property For Sale: $2,500,000

5400 Sw 70Th Ave Davie, FL 33314
ONE OF A FEW PIECES OF HORSE READY PROPERTIES IN BROWARD COUNTY.
Exclusively Listed By
The Lee Jenkins Real Estate Team
954-540-8509 Phone or Text
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QUIET AREA AND CENTRALLY LOCATED IN THE MIDDLE OF BROWARD COUNTY BETWEEN MIAMI AND PALM BEACH COUNTIES. VERY CLOSE TO MILLION DOLLAR+ CUSTOM HOMES AND OTHER LARGE ACREAGE. CAN CLOSE QUICKLY IF NEEDED.

Property Highlights

  • 15 miles from Pompano Park Race Course and Casino
  • 9 miles from Calder Race Course and Casino
  • 23 miles from iconic Hialeah Race Course and Casino
  • 10 miles from Gulfstream Race Course and Casino
  • 49 miles from Wellington FL - another well known horse area
  • Ample room to build 300 additional stalls

Property Description

HIGH AND DRY 20 ACRES / 18 STALL STABLE WITH AMPLE ROOM TO BUILD 300 ADITIONAL STALLS / LAKE / 3/8+ MILE TRAINING/EXERCISE TRACK FOR TROTTERS OR THOROUGHBREDS BUT CAN EASILY BE REPURPOSED INTO AREA FOR CLASSIC OR WESTERN DISCIPLINES / ZONED 1 HOME PER ACRE IF WANTED TO BUILD ESTATE HOMES.

PROFESSIONALLY DONE TRAINING/EXERCISE TRACK WITH ELECTRIC SERVICE AND SPRINKLER SYSTEM.
Separate Fenced Corral, Grass Paddock and Hot Walker and Turn-Outs.

OPPORTUNITY FOR:
1. INVESTMENT INCOME or HORSE TRAINING/EXERCISE COMPLEX
(Rent homes up to $6,000 per month & $14,400 per month stable rent)(Potential Total of $244,800 per year equals up to 8% ROI)
2. BUILDERS of NEW HOMES (*Not many parcels left in Broward County*)
3. PURCHASE AS IS AND MOVE IN RIGHT AWAY
4. INDIVIDUAL TO BUILD YOUR DREAM HOME OF ANY SIZE.

Serious Racehorse Owner?
If you are investing in stake horses, you already know that the biggest issue with getting them to the races without injury is the weather and track conditions. The fastest way to ruin a young horse is to work him on a frozen track. The weather in the North seems to get worse every year, causing financial devastation to those that have invested big money in young horses. Operating a training center in South Florida can be highly profitable, not only in monthly revenue, but also in having a tremendous advantage over 2 year olds that were trained down up North.


3 HOMES CURRENTLY ON PROPERTY:

4 BEDROOM / 3 BATH / 1.5 CAR GARAGE
3 BEDROOM / 2 BATH
2 BEDROOM / 1 BATH
& GROOMS QUARTERS W/FULL BATH AND KITCHEN

CURRENLY TAXED AGRICULTURAL AND THE EXEMPTION WOULD HAVE TO BE CHANGED IF MULTIPLE PROPERTIES ARE BUILT. CURRENT ZONING DISTRICT IS A-1 – ONE HOME PER ACRE

LAKE PROFESSIONALLY DREDGED TO RAISE LAND MAKING THIS PROPERTY HIGHER ELEVATION THAN SURROUNDING PROPERTIES. LAKE CAN BE FILLED IN TO CREATE MORE USABLE SPACE.

OLDER 4 STALL BARN USED AS STORAGE.

Representing the Owner and All Inquiries to:

Lee Jenkins, Realtor
Lee Jenkins Real Estate Team
954-252-0197 / 954-540-8509 / 954-540-8490
Lee@LeeJenkins.com www.LeeJenkins.com
Realty Associates Florida Properties
4410 Weston Road
Weston, Florida 33331

For Sale

$2,500,000

MLS#: F1345505
Bedrooms:
9
Bathrooms:
6
Square Feet:
5200
Lot Size:
20 acres
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