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Property profile & analytics

8087 Palomino Dr Wellington, FL 33467

  • Showrooms
  • 6,000 SF
  • 4.38 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
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.

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.


Value Estimations

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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
More about this property
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