16613 61st Pl N, Loxahatchee, FL 33470

Spacious & Modern Family Home in Loxahatchee: A Great Value in a Buyer’s Market!

Asking Price: $549,900

Discover this impressive 4-bedroom, 3-bathroom single-family home at 16613 61st Pl N, Loxahatchee, FL 33470. Built in 2004, this generously sized 2,481 sqft residence offers comfortable modern living with an estimated refinance payment of $3,768/mo. Situated on a substantial 1.14-acre lot in “The Acreage” area, this property presents a compelling opportunity in Loxahatchee’s dynamic real estate market.

Key Features & Property Details:

• Modern Construction (2004): Built relatively recently, this home benefits from contemporary building standards and should require less immediate major maintenance. It’s a single-story home with concrete block stucco construction, central heating and cooling, and a split bedroom plan.
• Three Full Bathrooms: The presence of three full bathrooms (including a master bath with a spa tub and shower) offers exceptional convenience and luxury for a 4-bedroom home.
• Large Lot: The expansive 1.14-acre lot provides ample outdoor space, privacy, and possibilities for gardening, recreation, or even equestrian pursuits (as horse trails are noted in the area).
• No HOA Fees: Public records indicate no governing body or HOA fees for this property, which is a significant financial advantage, contributing to lower ongoing ownership costs.
• Property Tax Information: Property taxes for this address have been steadily increasing: $10,039 in 2024, $9,621 in 2023, and $8,635 in 2022. The 2024 total assessed value was $487,521. Given the current asking price of $549,900, buyers should anticipate that future property taxes will likely increase upon sale and reassessment to reflect the new market value. This is a significant annual cost to factor into the budget.
• Recent Listing History: The property was listed on May 16, 2025, for $549,900, and the listing was removed two days later. This could indicate a quick sale, a temporary removal, or a re-evaluation of strategy. Its last public record sale was for $169,900 in February 2013, and $89,500 in January 2004. The current price reflects significant market appreciation.
• Utilities: The home uses a septic system and well water, which are common in “The Acreage” area and offer independence from city utilities, but require specific maintenance.
• Interior Features: The property includes a dishwasher, electric range, refrigerator, and electric water heater. Flooring is a mix of carpet and ceramic tile.

Loxahatchee (33470) Market Dynamics:

• Buyer’s Market: The 33470 zip code in Loxahatchee is currently a Buyer’s Housing Market. This means that prices tend to be lower, and homes stay on the market longer due to a higher supply of homes relative to demand. This provides buyers with increased negotiation power.
  • The median home sold price in 33470 was $660,000 in May 2025, down 1.8% from last year.
  • For 4-bedroom homes in 33470, the median sold price decreased by 3.8% year-over-year to $695,000 in May 2025. This property’s asking price of $549,900 is significantly below this median for 4-bedroom homes, making it a compelling value proposition in this market.
  • A remarkable 80.5% of homes in 33470 sold below asking price last month, showcasing strong negotiation opportunities for buyers.
  • Homes in 33470 had an average listing age of 57 days in May 2025, up by 37.0% compared to the previous year, giving buyers ample time for due diligence.

Loxahatchee Location & Lifestyle (The Acreage):

• Semi-Rural Charm: Loxahatchee is an unincorporated community in Palm Beach County, primarily known for “The Acreage,” a residential area characterized by large lots and a semi-rural, equestrian-friendly lifestyle. It’s ideal for those seeking space, privacy, and a break from dense city living.
• Outdoor & Equestrian Focus: The Indian Trail Improvement District (ITID) manages numerous parks in the area, offering amenities like equestrian trails, exercise courses, open green spaces, picnic areas, playgrounds, and various sports fields (softball, basketball, tennis, soccer). Nicole Hornstein Equestrian Park is a significant local amenity with equestrian rings.
• Community: Residents appreciate the quiet, family-friendly atmosphere and the opportunity to have animals and larger gardens.
• Proximity to Amenities: While offering a rural feel, Loxahatchee is still within reasonable driving distance to essential amenities. A Walmart Supercenter is typically 5 minutes away, and access to the Turnpike (10 mins), I-95, Palm Beach Airport, and the Wellington Equestrian Center (all within 20 minutes) is convenient.
• Crime Rate (Low): The Acreage is generally considered a secure community, with its crime rate approximately 18% lower than the Florida average and 25% lower than the national average. Niche gives Loxahatchee Groves (a nearby area) a B+ for crime and safety. This contributes significantly to its appeal for families.
• Schools (Palm Beach County School District): Palm Beach County School District is generally A-rated by the FL Department of Education, with a 95.9% graduation rate.
  • Loxahatchee Groves Elementary School (PK-5, Niche Grade B+, GreatSchools rating 8/10) is an above-average public school located in Loxahatchee, offering good performance in math and reading proficiency. This is a strong positive for families with elementary-aged children. Specific middle and high school assignments should be verified, but the overall district is well-regarded.

Important Considerations:

• Flood Risk (Minimal): This property has a “Minimal” Flood Factor, and its flood risk is “not changing.” This is excellent news, as flood insurance may not be mandatory and the risk is low. Buyers should still confirm the exact FEMA flood zone designation for 16613 61st Pl N, Loxahatchee, FL 33470, to verify.
• Climate Risks (Extreme Heat & Wind, Moderate Fire Risk): Loxahatchee faces significant climate risks common to South Florida:
  • “Extreme” Heat Factor: Historically, about 7 days per year reached above 108°F, indicating intense summer heat.
  • “Extreme” Wind Factor: (extreme risk of severe winds over the next 30 years due to hurricane activity).
  • “Moderate” Fire Factor: This property’s wildfire risk is increasing, as is common in areas with large, natural lots.
  • Buyers should factor in potential impacts on energy bills for cooling, ensure comprehensive homeowner’s insurance for wind damage, and be aware of fire safety precautions.
• Septic and Well Systems: While offering independence, these systems require regular maintenance and inspections to ensure proper functioning.

This home at 16613 61st Pl N offers an outstanding blend of spacious modern living, a large private lot, and a desirable location in a safe, family-friendly community. Its highly competitive price within a buyer’s market, coupled with excellent elementary school access and a rural lifestyle, makes it a truly compelling opportunity for families seeking space and value in Palm Beach County.

Priced at $549,900 – seize this unique opportunity in Loxahatchee! Schedule your private showing today.