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    8087 Palomino Dr Wellington, FL 33467
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    Property profile & analytics

    8087 Palomino Dr Wellington, FL 33467


    • Showrooms
    • 6,000 SF
    • 4.38 lot acres
    Lake Worth Beach Agricultural Land For Sale
    $2,349,000
    6,000 SF

    Lake Worth Beach Agricultural Land

    6.3351 acres with warehouse and office space.

    8087 Palomino Dr, Wellington, FL 33467
    View Listing
    Property ID
    US19-0495828
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Showrooms

    Property Details for 8087 Palomino Dr

    Year built
    1983
    Construction
    STEEL FRAME
    Lot size
    4.38 lot acres
    Property size
    6,000 SF
    Zone code
    AR
    Property type
    Showrooms
    APN
    00-42-43-27-05-024-0151
    APU
    424327050240151

    Description

    This 6.335-acre agricultural property in Wellington, Florida, is ideally situated between Lake Worth Road and Forest Hill Boulevard, offering convenient access to the Florida Turnpike. Currently zoned AR-Agricultural Residential, it features 5,559 square feet of warehouse storage and 441 square feet of office space, built in 1993. The property boasts 301 feet of frontage on Palomino Drive and is fully fenced with existing paving and asphalt. Currently operating as a successful agricultural nursery and landscaping business, this land presents an immediate income-producing opportunity for an owner-user, with potential for subleasing. Its prime location makes it suitable for continued agricultural use, or redevelopment into single-family residential properties. The property offers excellent accessibility via Arrowhead Drive and Crockett Way (north) and Palomino Drive (south). The seller is open to owner financing with a 50% down payment, interest-only monthly payments, and a balloon payment due 36 months post-closing. The surrounding area shows strong growth potential, with a median household income of $64,331 within one mile and an estimated population growth of 1.60% over the next few years. The property is located in Palm Beach County, near the coastal city of Lake Worth Beach.


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    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.1757
    Latitude
    26.6294
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,469
    $120,869
    $378,973
    $499,842
    -
    $120,869
    $378,973
    $499,842
    View Listing
    More about this property
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