5 months on rocket

5281 Laredo Way, Wellington, FL, 33449

$5,600,000

13.36 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

WaterfrontCanal
ViewOther
MLS #RX-10933984
Lot Size13.36 Acres
StatusActive

About 5281 Laredo Way

Prime lot to build your dream equestrian facility. This is one of the last remaining lots with some unique features. Combine the 10.2343 and 3.1296 acres into one outstanding lot, or re-plat and create two lots of 6+ and 7+ acres. This land is high and dry with paved roads and city water and sewer. This land is clear and ready to build.

Property Details

Property Features

Listing Office:

  • Office Name: Douglas Elliman (Wellington)
  • Office Phone: (561) 653-6195
  • Listing Agent: John Greene

Exterior Features

Exterior Information:

  • Waterfront: Canal
  • View: Other

Virtual/3D Tour

  • Virtual Tour: 5281 Laredo Way

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Lot Features

Lot Information:

  • Lot: Irregular Lot, Paved
  • Lot Size: 13.36 Acres

School Info

Assigned Schools Information:

  • Wellington Community High School, Public Magnet Grades 9-12
  • Polo Park Middle School, Public District Grades 6-8
  • Panther Run Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: South side of 50th Street between South Shore Blvd and 120th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,600,000

HOA Fees:

  • Amount: $470
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $37,727
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wellington, FL.

Med. Sold Price

$699.4K

Med. Price/SqFt

$313

Avg. Days On Market

64

# of Sold Homes

71

5281 Laredo Way vs Wellington

176 DAYS ON ROCKET

+112 Days

$5,600,000

+$4.9M More

KEY TAKEAWAY

This property is $4.9M more than the Median Sold Price in Wellington, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10933984

Listing Office:

  • Office Name: Douglas Elliman (Wellington)
  • Office Phone: (561) 653-6195
  • Listing Agent: John Greene

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:55:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 19, 2021Home Sold
$2,500,000
Oct 21, 2019Home Sold
$2,750,000
May 08, 2015Home Sold
$2,117,610
Feb 09, 2015Home Sold
$767,250
Jul 02, 2004Home Sold
$55,000,000

Tax History

YEARPROP. TAXASSESSMENT
2020$37,727$1,770,534
2019$38,125$1,770,534
2018$37,212$1,773,092
2017$37,638$1,773,092

History based on county public records data.

Payment Calculator

$28.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4497981
10
/10
  • Panther Run Elementary School

  • 10775 Lake Worth Rd

  • 2.49 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4497982
8
/10
  • Polo Park Middle School

  • 11901 Lake Worth Rd

  • 1.96 miles

  • Public District Grades 6-8

High School

school-card-donut-4497983
7
/10
  • Wellington Community High School

  • 2101 Greenview Shores Blvd

  • 3.71 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,604. Typical income of Wellington, FL residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5281 Laredo Way

What is the listing price of this property?

The listing price of 5281 Laredo Way property is $5,600,000.

What type of property is this?

The property 5281 Laredo Way is land located in Wellington, Florida, 33449.

Is this property for sale now?

Active Listing: 5281 Laredo Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5281 Laredo Way are:
Panther Run Elementary School: GreatSchools Rating 10/10
Polo Park Middle School: GreatSchools Rating 8/10
Wellington Community High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $37,727 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 19, 2021 for $2,500,000. (source: MLS/tax record).

How much acreage is this property?

The property 5281 Laredo Way is 13.36 acres.
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Rocket HomesFloridaPalm Beach CountyWellington334495281 Laredo Way

This home is located at 5281 Laredo Way in Wellington, FL and zip code 33449. This home sits on a 13.36 acre lot. It has been listed on Rocket Homes since November 07, 2023 and is currently priced at $5,600,000.

In April 2024, from all listings sold in Wellington, FL there were more than 1 sold above asking price, over 65 sold below and more than 5 were sold right at the asked price. Between March 2024 and April 2024, Wellington, FL real estate market has seen increase in the number of listings by 12%. In April 2024, listings were on the market for 64 days. During the same period, the median list price in this real estate market was $699,444.

From Rocket Homes Real Estate and based on county public records data.

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