Overview
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About this home
16140 E Preakness Dr is a 1983-built home in Acreage & Unrec, Loxahatchee. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,056 square feet of living space. Listed at $480,000 (about $455/sqft), 12 days on market. Flood zone X* - outside the FEMA high-risk areas, which keeps insurance manageable.
Escape to your own slice of tropical paradise on 1.31 acres in The Acreage Subdivision. Mango trees, coconut trees, and lush tropical greenery create a beautiful backdrop for a lifestyle centered around the outdoors. Start your morning with coffee on the brand new deck, spend afternoons enjoying the fresh water canal and tending your garden, and gather around one of two fire pits as the stars come out. A chicken coop ads to the property's country charm, with room to grow, entertain, and bring your backyard dreams to life. From weekend gatherings to quiet evenings surrounded by nature, this property offers the space and setting to make every day feel like an escape.
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The essentials
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Sample: 40 closed home sales in Palm Beach County over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$480,000
$455 per sq ft
Beds and baths
2 beds, 2 baths
Size
1,056 sq ft
Time on market
12 days
Year built
1983
Monthly payment
About $3,276/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,394 annual tax bill, insurance.
Flood zone
Zone X*
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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