DUCAN RANCH
Description: This is a property situated on 780 acres of naturally embellish land. Property is currently being used agriculturally primarily as a cattle grazing pasture. The Property is bordered to the north by undeveloped wooded land; to the south by SW Martin highway, beyond which lie improved pasture and wooded , undeveloped land; to the east by wooded, undeveloped land and improved pasture , beyond which lie a private residence, a fish farming operation and horse track: and to the west the Underhill Dairy property, beyond which lies wooded undeveloped land. VISION- An extraordinary opportunity to purchase and develop an equestrian or polo facility in highly desirable Martin County. Just minutes from the Treasure Coast with its lovely beaches, exclusive marinas and yacht clubs, this spectacular property can be subdivided into 20 acre parcels close to I-95 , this location also provides easy access to the activities of the International Polo Club Palm Beach, Winter Equestrian Festival in Wellington, and great shops and restaurants of Palm Beach. OBJECTIVE- This property may be well suited for development of a state of the art equestrian / polo facility exclusive to its homeowners with a restaurant, tennis and spa facility envisioned. A central Barn with a stall capacity to be determined and grooms quarters would be offered to homeowners as well as the use of riding rindgs and poli fields. Numerous horse trails costruction of polo stadium open to the public and other activities may be included as part of the homeownersÂ’ benefits. Zoned: Agricultural: 1 unit per 20 acres Property Taxes: $4,000 Utilities Available: Electrical , Well Water Ducan Ranches will offer 31 parcels of 20-acres of land each only ready to build your dream home. Purchase contract has been negotiated on terms 60 day closing with a $300,0000 deposit non-refundable. Due diligence on the property and a feasibility study have been done to expedite the process. ( Feasibility study provided upon request ). Total land cost $9,360,000 at 12,000 per acre. 70% financing Down payment $2,808,000 PLEASE CALL ME FOR DETAILS. Federico A. Arocena P.A. Realtor Associate - Relationship Manager Fortune International Realty - EXM Team Mortgage Broker Associate - Global Lending Corp. Direct Ph. 305-858-4838, Cell 305-467-3447 Fax 305-858-8662 farocena1@msn.com www.FedericoArocena.com  Cattle  Manager House |
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