16296 Deer Path Lane, Wellington, FL 33470 — MLS photo

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16296 Deer Path Lane, Wellington, FL 33470

Active · SingleFamilyResidence

$1,450,000

16296 Deer Path Lane, Wellington, FL 33470

Beds
1
Baths
2
Living area
3,000 sq ft
$ / sq ft
$483/sq ft
Year built
1986
Lot size
—
HOA fee
—
Annual tax
—

About this property

Do not miss this rare opportunity to create an exceptional equestrian estate on a prestigious 5-acre parcel in Rustic Ranches, within hacking distance of Wellington's world-class equestrian venues and trail systems. Fully cleared and development-ready, the property includes a home/barn pad, equestrian-grade fencing, city water, and a picturesque pond. AG Residential zoning with agricultural classification, no HOA, and no wetlands, easements, or overhead power lines offer outstanding flexibility. Enjoy privacy and tranquility just minutes from shopping, fine dining, A-rated schools, major highways, and airports. Seller financing available.

Property location

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16296 Deer Path Lane, Wellington, FL 33470

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
3,000 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1986

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$0
County
Palm Beach
MLS listing ID
R11162963
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,566

Cap rate
4.4%
Net yield
4.4%
Cash-on-cash return
-4.6%
Gross yield
7.8%
Mortgage payment
$6,874/mo
Down payment
$362,500
Loan amount
$1,087,500
Annual NOI
$63,690

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.