Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15410 Palma Ln Wellington, FL 33414

    View on Map
    Sponsored
    Picture of Horse & equestrian properties at Palma Ln 15410, Wellington, FL
    For Sale
    $4,500,000

    Land, Other - Wellington, FL

    Type:Agriculture
    Days on Market:
    42
    Last Refresh:
    Mar 12 at 7:06 am

    Property Features for 15410 Palma Ln

    General Information

    Property type
    Land
    Property subtype
    Agriculture
    Standard status
    Active
    APN
    73414419010080050

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Maria Alejandra Orozco PA

    Engel & Völkers Wellington (561) 791-2220

    Listing agent Maria Alejandra Orozco PA (561) 791-2220

    Listing date Jan 29, 2026

    MLS# R11068883 Listing URL

    Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Equestrian Lot in Palm Beach

    This property is a lot located in Palm Beach Point, Wellington, Florida. It offers the opportunity to build a custom equestrian property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Hotel & Motel Gym & Fitness Center HVAC Service Garden Center Bed & Breakfast Veterinary Clinic Travel Agency Pet Store & Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wellington
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.292854
    Latitude
    26.621498

    Nearby Similar for Sale

    • Contact for pricing
      1,500 SF

      Wellington Office Space For Sale

      Built-out 1500 sq ft medical office space in Wellington.
      2585 100Th Ln, Wellington, FL 33414
      View Details
    • $160,000

      Profitable Smoothie Restaurant in Wellington

      Turnkey smoothie franchise restaurant for sale in high-traffic Wellington plaza.
      13889 Wellington Trce, Wellington, FL 33414
      View Details
    • Contact for pricing
      120.00 Acres

      Premier Equestrian Estate in Wellington

      World-class equestrian estate in the heart of Wellington.
      5420 Las Palmas Ave, Wellington, FL 33449
      View Details
    • $96,000
      30.00 Acres

      Equestrian Facility Near WEF South

      Equestrian facility with all-weather ring near WEF South Gate.
      4591 South Rd, Wellington, FL 33414
      View Details
    • $5,999,000
      4.38 Acres

      Grand Prix Village Equestrian Parcel

      Rare 4.38 acre parcel in Grand Prix Village South.
      3899 Shutterfly Way, Wellington, FL 33414
      View Details
    • Contact for pricing
      90.00 Acres

      Equestrian Property with Stall Rentals

      Wellington equestrian property featuring stall rentals and covered arena.
      5219 130Th Ave S, Wellington, FL 33449
      View Details
    • Contact for pricing
      90.00 Acres

      Equestrian Facility Stalls for Rent

      Well-equipped 14-stall barn near horse show grounds, available 2026 season.
      14794 Rolling Rock Pl, Wellington, FL 33414
      View Details
    • Contact for pricing

      Wellington Commerce Park Office Unit

      Office unit in Wellington Commerce Park with 1100 SF.
      3080 Fairlane Farms Rd, Wellington, FL 33414
      View Details
    • Contact for pricing

      Wellington Commerce Park Office Space

      Office space for rent in Wellington Commerce Park.
      3080 Fairlane Farms Rd, Wellington, FL 33414
      View Details
    • Contact for pricing

      Equestrian Facility in Palm Beach

      State-of-the-art equestrian facility with stalls, paddocks, and apartment.
      15316 Estancia Ln, Wellington, FL 33414
      View Details
    • $4,500,000

      Wellington Equestrian Farm with Stalls

      Rare 11-acre equestrian farm in the heart of Wellington.
      14996 50 St, Wellington, FL 33414
      View Details
    • $878,100

      Wellington Duplex with Converted Garages

      Duplex in Wellington, Florida, featuring converted garages and yearly leases.
      1025 Staghorn St St, Wellington, FL 33414
      View Details

    FAQs

    What type of property is this?
    Horse & equestrian property - Build your dream equestrian property in Wellington, Florida.
    Where is this horse & equestrian property located?
    The property is located at 15410 Palma Ln Wellington, FL.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Exclusive Palm Beach Point location; - Opportunity to build a custom dream equestrian property; - Beautiful lot
    (561) 578-2077
    Request Owner's contact information
    15410 Palma Ln Wellington, FL 33414
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15410 Palma Ln
    Wellington, FL 33414
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15410 Palma Ln Wellington, FL 33414
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Maria Alejandra Orozco PA
    (561) 578-2077 (561) 791-2220
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!