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Property for sale information

 
Hobe Sound Polo Club  
Reference nr: E-00134M
Description:

The Hobe Sound Polo Club encompasses 1,757 acres of improved “high and dry” Florida land. An elegant gated entry welcomes guests, with oak and palm trees and paved roads to provide a dramatic entrance. It consists of five championship, irrigated polo fields, two irrigated stick and ball fields, a practice field, two-paddock sites and a ¾ mile exercise track. In addition the property features two completed, 20-acre ranches with their own polo fields and working 12- and 24-stall barns with grooms‘ quarters and owners‘ studios. Hundreds of acres have been fenced with miles of three-rail wooden fences, providing extensive paddocks and pastures. In addition to the extensive bridle trail network within the property’s boundaries, the stunning park system surrounding the property makes this location unequalled. The adjacent 8,000 acre Atlantic Ridge State Park includes miles of equestrian trails so vast one can ride all day and not pass the same tree twice or contend with vehicular traffic. Another equestrian trail system is located in nearby Jonathan Dickinson State Park. The property‘s pristine atmosphere, coupled with the sheer wide expanse of land is perfect for those who value privacy, privilege, the questrian lifestyle and great outdoors from the cool mornings, as the sun rises over the lush green fields, to the spectacular sunsets, when the tropical Florida sun sets over the polo fields. Its location so close to the Atlantic Ocean provides stiff ocean breezes that are not common in some of Florida’s other inland equestrian communities.

This is a very unique opportunity to own a one-of-a-kind gated equestrian community. The underlying land use of this piece of paradise offers limitless opportunities, and could allow for shooting ranges, high-fenced hunting operations, golf courses, exotic wildlife rehabilitation facilities and sanctuaries, airstrips, a gated equestrian community for a variety of equestrian sports, horse breeding operation – or a combination thereof. The most stunning of all would be the use as a one of a kind private ranch or sportsman’s retreat.

The property is located on Florida’s east coast, north of Palm Beach, between the seaside towns of Jupiter and Stuart, in a town called Hobe Sound. The area is well known for its world-famous white sandy beaches, unblemished parks, fresh and saltwater fishing and excellent golf courses. Situated alongside a peaceful stretch of Bridge Road, within wide open land and adjacent to the Atlantic Ridge State Park, the property is truly in the middle of it all. Nestled conveniently one mile east of I-95 and the Florida Turnpike, just minutes from legendary Jupiter Island, with its grand oceanfront estates and less than 30 minutes away from the renowned equestrian center of Wellington, home to the Palm Beach International Polo Club. This highly sought after location is especially unique for an equestrian paradise, being surrounded by Florida’s finest wide open spaces and natural beauty, while in harmony with nearby convenience.

Features:
Submission Date:
08-14-2012
Last Update:
01-29-2013
Advertiser Details:


Name:
Ken Meierling

Company:
Engel & Völkers Jupiter · Palm Beach Real Estate

Phone:
561.744.8488
Fax:
561.744.8988
Mobile:
561.602.4333

 
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Calculators

 
Property price: €35,000,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations