16140 E PREAKNESS DRIVE, LOXAHATCHEE, FL, 33470
Active13 days on marketListed Sep 30, 2026MLS #S5158606
About this home
16140 E PREAKNESS DRIVE
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.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,056
Sqft
1.31 ac
Lot size
1983
Year built
One
Levels
$455
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,731 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,731/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−33.4%
$/sqft vs ACREAGE & UNREC
$455 vs $409
Days on market
13 vs 6 typical
Where $455/sqft sits among the 93 homes for sale in ACREAGE & UNREC
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Loxahatchee
Get to know Loxahatchee. See the full Loxahatchee guide →
LOXAHATCHEE 33470 — neighborhood snapshot
Population
33,232
Median age
43.8
Median income
$116,758
Median home value
$532,200
Avg household
3.05
Households w/ children
3,730
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Loxahatchee market
$650K → $999K
Loxahatchee median sold, yr/yr
98.0%
Sale-to-list ratio (12 mo)
40 of 93
ACREAGE & UNREC have cut their price
Median sold price, Loxahatchee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 6% below the LOXAHATCHEE 33470 median. See the full Loxahatchee market guide →
Paper trail
This home's history
Reality check
What actually sold near 16140 E PREAKNESS DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$235,000
2323 STATE ROAD 33 · same community
3 bd · 1 ba · 1,104 sqft · $213/sqft · 18 DOM
Sold · Dec ’25$116,000
5131 W 11TH STREET W · same community
2 bd · 2 ba · 1,152 sqft · $101/sqft · 113 DOM
Sold · Nov ’25$205,000
1353 SPRING LAKE ROAD · same community
4 bd · 3 ba · 1,200 sqft · $171/sqft · 0 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Iain Robinson
Broker Associate · CENTURY 21 Edge
Tours, negotiation, and every question about 16140 E PREAKNESS DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 16140 E PREAKNESS DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Iain's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
16140 E PREAKNESS DRIVE FAQs
What would the monthly payment be for 16140 E PREAKNESS DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,731/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 16140 E PREAKNESS DRIVE?+
The most recent tax bill on record (2025) was $6,394. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 16140 E PREAKNESS DRIVE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Loxahatchee?+
At $480,000, this home is listed about 6% below the Loxahatchee median of $509,000. The market section on this page shows how the area is trending.
Which schools are assigned to 16140 E PREAKNESS DRIVE?+
Loxahatchee Groves Elementary (elementary), Seminole Ridge Community High School (high), Osceola Creek Middle School (middle), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the LOXAHATCHEE 33470 market on paper
$480,000 is 6% below the LOXAHATCHEE 33470 median of $509,000.
02Water views
The water view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
13 days on market against a Loxahatchee median of 6 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER SOLOMON · Alex Rodriguez. MLS #S5158606.
IDX 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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