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Palm Beach County, FL · Sold

FL-538200

1351 County Road 172

$529,600
$3,097/ac · 171 ac
Acreage171 ac
Price per acre$3,097/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedMar 16, 2024
Coordinates26.6991, -80.5576
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County GIS boundary

An active ArcGIS layer was found, but the parcel boundary could not be matched by APN or location. This usually means the parcel identifier format differs from the county's layer. Open the county source to verify the shape.

County market

Palm Beach County, Florida. Rural interior counties absorbing metro overflow; the country's hottest lot market.

View Palm Beach market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands6.7% of tract

Little to no mapped wetland coverage.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,742 ft away

A long utility run — price in solar/off-grid instead.

Buildable area151.58 of 171.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$606,973
$453,978$759,968 · $3,549/ac on 171 ac
Asking vs estimate
-12.7%
Priced below the comp set

Weighted from 9 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $529,600
Maximum allowable offer
$346,842
$2,028/ac · +30.0% target margin

You need $182,758 off asking to hit this margin.

All-in cost$376,324
Net resale$558,415
Projected profit$182,092
ROI+48.4%
Annualized+69.2%
Break-even resale$2,392/ac
Profit if resale lands off target
-20%
$70,409
-10%
$126,250
0%
$182,092
+10%
$237,933
+20%
$293,775
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-898118
Paved · Power at road
161.2Feb 10, 2026$1,099,9006,8254,2504.5 mi
81
FL-359835
Dirt · Power at road
559.0May 16, 2026$1,057,9001,8922,2933.9 mi
76
FL-277320
Gravel · Off grid
90.4Jan 15, 2026$333,3003,6872,7577.5 mi
75
FL-518994
Paved · Power at road
304.0Jul 27, 2026$1,269,9004,1783,0518.3 mi
74
FL-267967
Gravel · Power at road
144.5Jul 1, 2025$972,8006,7344,92612.7 mi
71
FL-637718
Landlocked · Power at road
120.6Jun 17, 2025$524,7004,3504,4727.0 mi
70
FL-638911
Dirt · Power at road
286.2Mar 6, 2024$674,9002,3582,5554.1 mi
68
FL-916842
Gravel · Power at road
63.9Apr 24, 2026$465,6007,2814,22710.7 mi
65
FL-369272
Landlocked · Full utilities
371.8Feb 7, 2026$1,155,5003,1083,49213.1 mi
65
Show adjustment detail for the top comp
  • Tract size (161.15 ac → 171.02 ac)-1.6%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (6 mo)+2.1%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.