5656 South Shore Boulevard, Wellington, FL 33449 — MLS photo

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5656 South Shore Boulevard, Wellington, FL 33449

Active · SingleFamilyResidence

$9,995,000

5656 South Shore Boulevard, Wellington, FL 33449

Beds
12
Baths
10
Living area
4,713 sq ft
$ / sq ft
$2,121/sq ft
Year built
1991
Lot size
—
HOA fee
—
Annual tax
$54,949

About this property

Enjoy the best of both worlds on this exceptional 10+-acre equestrian property, ideally located just minutes from Global and WEF while offering the tranquility of Wellington's farm life. This property combines top-tier equestrian amenities with luxurious living, providing everything needed for you and your horses. The 26-stall center-aisle barn is the standout feature of this property, equipped with 6 wash stalls, 2 tack rooms, a feed room, and a lounge. A separate building offers even more versatility, with a second lounge, 2 bathrooms, an oversized laundry room, and 2 spacious 2-bedroom, 1-bathroom apartments. Additionally, a huge storage area provides ample space for hay, shavings, tractors, golf carts, jumps, and farm equipment. Other equestrian facilities include 2 all weather arenas a large grass riding field, a 6-horse covered hotwalker, and 15 paddocks, all designed to support training, turn-out, and leisure riding. The property features two beautiful homes. The original 4-bedroom, 3-bathroom single-story home has been recently remodeled throughout, offering wood and tile floors, a beautiful kitchen with all new appliances, and a screened-in patio with a heated pool and jacuzzi for relaxing. The second residence is a newly constructed 2-story, 4-bedroom, 3-bathroom home with modern finishes, ideal for a property manager or staff. Privacy and convenience are essential, with 1 private entrance for the original home and 2 separate entrances for the barn, allowing easy access. The estate is surrounded by lush landscaping, including a clusia hedge and tropical palms, offering both beauty and privacy. Recent updates include brand-new roofs on all structures, a new water filtration system and newer AC units throughout. This property offers the ideal blend of luxury, functionality, and location, making it the perfect place to live, train, and enjoy the equestrian lifestyle. List of improvements with current owner -Replaced ALL the roofs on all structures (barn, house, storage building) -Added an oversized arena approximately 150' x 250' -Replaced the footing in both arenas (ESI) -Added a 6 horse hotwalker -Added an additional 8 stalls and refaced all stalls -Added one additional tackroom and 2 additional wash stalls -Added paddocks (total of 15) -Replaced the AC units and Hot water heaters -Added an additional septic system -Added a new well -Replaced the water system servicing the house and barn -Completely updated/remodeled the original house -Built a brand new two story 4 bedroom 3 bath house -Updated the 2 staff apartments both 2 bedroom 1 bath -Added a laundry room for the barn -Added a second lounge with a full bathroom -Added a 3rd automatic gate off 57th Place -Replaced the pool heater, screening around the pool and leveled the pavers -Added a Clusia hedge along the front and side of the property for additional privacy -Added a coved viewing deck along the larger arena

Property location

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5656 South Shore Boulevard, Wellington, FL 33449

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Facts & features

Interior

Bedrooms
12
Bathrooms
10
Living area
4,713 sq ft
Flooring
Other, Tile, Vinyl
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Bathtub, Dining Area, Separate Formal Dining Room, Dual Sinks, Entrance Foyer, High Ceilings, Kitchen Island, Main Living Area Entry Level, Split Bedrooms, Shower Only, Walk In Closets
Furnished
Partially

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1991
Stories
2
Architectural style
One Story
Roof
Composition, Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
Fence, Patio
Pool
Heated, Pool, Screen Enclosure
Spa
Heated, In Ground
View
Garden, Other, Pond, Pool, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Driveway, Garage, Two Or More Spaces, Unpaved, Garage Door Opener

HOA, Community & Financials

Amenities
Pool
Pets allowed
No
Annual tax
$54,949
Subdivision
Palm Glade Ranches Unrec
County
Palm Beach
Days on market
219
MLS listing ID
B26002820
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

-$25,418

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-10.9%
Gross yield
4.3%
Mortgage payment
$47,381/mo
Down payment
$2,498,750
Loan amount
$7,496,250
Annual NOI
$263,562

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