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Palm Beach County, FL · Sold

FL-735496

2392 County Road 368

$148,600
$6,161/ac · 24.12 ac
Acreage24.12 ac
Price per acre$6,161/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedJul 31, 2024
Coordinates26.6880, -80.5168
Loading terrain…
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

3 items to verify before you offer.

Risk index
20
Low risk
Wetlands3.9% of tract

Little to no mapped wetland coverage.

Average slope12.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power82 ft away

Power at or near the road.

Buildable area18.54 of 24.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$152,515
$117,422$187,608 · $6,323/ac on 24.12 ac
Asking vs estimate
-2.6%
In line with 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 $148,600
Maximum allowable offer
$87,151
$3,613/ac · +30.0% target margin

You need $61,449 off asking to hit this margin.

All-in cost$94,559
Net resale$140,314
Projected profit$45,755
ROI+48.4%
Annualized+69.3%
Break-even resale$4,261/ac
Profit if resale lands off target
-20%
$17,692
-10%
$31,724
0%
$45,755
+10%
$59,786
+20%
$73,818
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-675345
Dirt · Power at road
21.6Jul 27, 2026$98,2004,5424,4849.3 mi
86
FL-546352
Dirt · Off grid
44.8Jul 27, 2026$271,0006,0447,9051.3 mi
81
FL-195821
Gravel · Off grid
30.5Jan 20, 2025$236,7007,7558,6672.8 mi
73
FL-515359
Gravel · Off grid
21.8Jan 5, 2024$113,2005,1855,7424.2 mi
71
FL-916842
Gravel · Power at road
63.9Apr 24, 2026$465,6007,2817,5689.4 mi
68
FL-724183
Gravel · Off grid
9.3Sep 7, 2025$49,0005,2564,9900.9 mi
67
FL-696300
Gravel · Power at road
43.2Apr 23, 2024$262,5006,0796,3177.8 mi
63
FL-666068
Paved · Power at road
36.5Feb 29, 2024$271,1007,4276,37914.0 mi
62
FL-743811
Paved · Power at road
7.1Aug 23, 2024$45,8006,4274,49713.8 mi
54
Show adjustment detail for the top comp
  • Tract size (21.62 ac → 24.12 ac)-1.5%

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.