16140 E Preakness Drive, Loxahatchee FL 33470, LOXAHATCHEE, FL, 33470
Active373 days on marketListed Aug 3, 2025MLS #F10518517
About this home
16140 E Preakness Drive, Loxahatchee FL 33470
Welcome to your own private homestead oasis on 1.33 acres! This updated & charming 2/2 home blends comfort with sustainable living. Enjoy hurricane impact windows & doors, a newer A/C, new tankless water heater and a Tesla panel. The open layout provides comfortable living space, while the yard offers endless possibilities for gardening, expansion, or simply enjoying the peaceful surroundings. Tucked away in a serene, natural setting, enjoy raising chickens in a custom coop, quails in a separate enclosure, fish in the pond & harvest fruit from the many fruit trees. ! A large 12x24 hurricane-rated shed adds storage, & there’s plenty of space for RVs, boats, or expansion—no HOA—Property is at the end of the street for ultimate privacy. This property offers it all! Your rural retreat awaits!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,056
Sqft
1983
Year built
1
Levels
$483
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,906 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,906/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Acreage & Unrec
$483 vs $373
Days on market
373 vs 55 typical
Where $483/sqft sits among the 115 homes for sale in Acreage & Unrec
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Loxahatchee
Get to know Loxahatchee. See the full Loxahatchee guide →
LOXAHATCHEE 33470 — neighborhood snapshot
Population
33,232
Median age
43.8
Median income
$116,758
Median home value
$532,200
Avg household
3.05
Households w/ children
3,730
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Loxahatchee market
$650K → $715K
Loxahatchee median sold, yr/yr
97.8%
Sale-to-list ratio (12 mo)
42 of 115
Acreage & Unrec have cut their price
Median sold price, Loxahatchee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 30% below the LOXAHATCHEE 33470 median. See the full Loxahatchee market guide →
Paper trail
This home's history
Reality check
What actually sold near 16140 E Preakness Drive
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$116,000
5131 W 11TH STREET W · same community
2 bd · 2 ba · 1,152 sqft · $101/sqft · 113 DOM
Sold · Nov ’25$205,000
1353 SPRING LAKE ROAD · same community
4 bd · 3 ba · 1,200 sqft · $171/sqft · 0 DOM
Sold · Feb ’26$245,000
9506 NUMBER TWO ROAD · same community
3 bd · 2 ba · 893 sqft · $274/sqft · 247 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 16140 E Preakness Drive — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 16140 E Preakness Drive — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
16140 E Preakness Drive FAQs
What would the monthly payment be for 16140 E Preakness Drive, Loxahatchee FL 33470?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,906/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 16140 E Preakness Drive, Loxahatchee FL 33470?+
The most recent tax bill on record (2024) was $6,227. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 16140 E Preakness Drive, Loxahatchee FL 33470?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Loxahatchee?+
At $509,900, this home is listed about 36% below the Loxahatchee median of $799,995. The market section on this page shows how the area is trending.
Which schools are assigned to 16140 E Preakness Drive, Loxahatchee FL 33470?+
Osceola Creek Middle School (middle), Frontier Elementary School (elementary), Seminole Ridge Community High School (high), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the LOXAHATCHEE 33470 market on paper
$509,900 is 30% below the LOXAHATCHEE 33470 median of $730,000.
02Garden views
The garden view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
373 days on market against a Loxahatchee median of 55 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Osceola Creek Middle School, Frontier Elementary School, Seminole Ridge Community High School, Glades Construction Academy At West Technical — Frontier Elementary School rates 4 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $590,000, now $509,900 — a $80K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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