Introducing a unique investment opportunity located in Plantation, FL consisting of 8.8 acres of pristine vacant land. Boasting a generous 386,813 +/- sq ft, this fenced-in lot offers a canvas for various ventures. With its ample space and strategic location featuring 165 Ft of prominent frontage on Peters Road, and 260 Ft of frontage along the FL Turnpike, the property's agricultural zoning is ideally suited for a range of commercial and agricultural endeavors, including landscape maintenance truck/vehicle parking facilities, plant nurseries, landscaping services, and many other agricultural endeavors. Approximately 3 acres plus an existing easement are already leased, generating a total gross revenue of $13,600/month. Note: the property cannot be developed.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$18K
Per Month
Principal & Interest
$17.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.8K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Plantation Park Elementary School
875 SW 54th Ave
Distance between this listing and this school0.49 miles
Public District Grades KG-5
3
/10
Meadowbrook Elementary School
2300 SW 46th Ave
Distance between this listing and this school0.72 miles
Public District Grades PK-5
8
/10
Tropical Elementary School
1500 SW 66th Ave
Distance between this listing and this school1.24 miles
Public District Grades KG-5
Nearby Schools
4
/10
Seminole Middle School
6200 SW 16th St
Distance between this listing and this school1.07 miles
Public District Grades 6-8
3
/10
Parkway Middle School
3600 NW 5th Ct
Distance between this listing and this school1.86 miles
Public Magnet Grades 6-8
4
/10
New River Middle School
3100 Riverland Rd
Distance between this listing and this school2.10 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
South Plantation High School
1300 SW 54th Ave
Distance between this listing and this school0.36 miles
Public Magnet Grades 9-12
1
/10
Pine Ridge Alternative Center
1251 SW 42nd Ave
Distance between this listing and this school0.72 miles
Public District Grades KG-12
10
/10
McFatter Technical College
6500 Nova Dr
Distance between this listing and this school1.74 miles
The neighbors living near this home have an average income of $43,277. Typical income of Plantation, FL residents is between $35k-100k annually. The majority of families are married, with kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5050 Peters Rd
What is the listing price of this property?
The listing price of 5050 Peters Rd property is $3,600,000.
What type of property is this?
The property 5050 Peters Rd is land located in Fort Lauderdale, Florida, 33317.
Is this property for sale now?
Active Listing: 5050 Peters Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5050 Peters Rd in Fort Lauderdale, FL and zip code 33317. This home sits on a 8.00 acre lot. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $3,600,000.
Over 7 listings were sold over their listed price in October 2024 in Plantation, FL. In the same period over 34 listings were sold below the listed price and 7 listings were sold for the listed price. The number of homes for sale in Plantation, FL increased by 10.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $486,838, while the average time on the real estate market was 52 days.
From Rocket Homes Real Estate and based on county public records data.