9
Map
$665,000
●
Land -
Off Market
16754 Norris Road
Wellington, FL 33470
Studio
0 Bath
$820,455
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
READY TO BUILD! This impressive 5 acre parcel in Rustic Ranches has
been cleared, leveled and raised above flood level! It is perfectly
situated behind the Wellington Nature Preserve allowing access to
beautiful horse trails. Great opportunity to build your dream house
and custom barn! Recently got Agriculture Exemption with bees on
the property not yet reflected in the taxes.
Unit Size
-
Days on Market
363 days
Land Size
5.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$674
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Beaches MLS #R10667462)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2022 | No longer available | - | |
| No longer available | |||
| May 25, 2022 | No longer available | - | |
| No longer available | |||
| May 24, 2022 | Listed by LoKation | $4,950,000 | |
| Listed by LoKation | |||
| | |||
|
This tropical modern masterpiece, by Wellington Architect, Bernard Jones, will be available spring 2023. Situated on a 5-acre lot, surrounded by all things equestrian, and directly next to the Wellington Preserve. This lot is one of the 13 lots within beautiful Rustic Ranches with permission to build your own private bridge across the canal to the 346-acre Wellington Preserve and connect directly to the extensive bridle trail system of Wellington. Total space includes 4-bedroom, 5 bathrooms, 2 story home with a 3-car garage. This home features a grand entrance with a 10' high pivot door, 24' high foyer and office space, floating stairs, glass wine room, and an oversized (14' high ceilings) great room and kitchen with glass sliders overlooking the pool, the canal, and the preserve. The manager has listed the unit size as 4136 square feet.
| |||
| Mar 16, 2022 | Listed by LoKation | $1,950,000 | |
| Listed by LoKation | |||
| | |||
|
Surrounded by all things equestrian, this 5-acre lot is the perfect spot to build your equestrian dream farm (Dressage, Hunter/Jumper, Polo). Cleared, de mucked and filled with over 650 truckloads of grade 1 fill, makes this property ready to go!! Includes an engineered site plan with setbacks conducive to maximizing the space of the lot. Additional documents include elevation survey, soil boring studies, topography study, environmental study, boundary survey, and more. This is one of the 13 lots within beautiful Rustic Ranches with permission to build your own private bridge to the 346-acre Wellington Preserve and connect directly to the extensive bridle trail system of Wellington. Easy hack to WEF. City water on site. No HOA.
| |||
| Nov 1, 2021 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Wellington
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kathleen D Strongin
Equestrian Sotheby's Internati
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# R10667462
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. 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. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Equestrian Sotheby's Internati
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# R10667462
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017