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$2,050,000
1031 Goldenrod Road
Wellington, FL 33414
MLS# B26040214
Status: Active Under Contract
6596 sqft


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Property Description
Exceptional investment opportunity in the heart of Wellington. Each unit features 4 Bedrooms, 2 1/2 baths town homes. Fully renovated fourplex in a highly sought-after Wellington location. All four units have been extensively updated with modern finishes and major capital improvements, including Impact windows, HVAC systems, water heaters, kitchens, cabinetry, flooring, bathrooms, and interior finishes throughout. This turnkey income-producing property offers strong rental appeal and minimal maintenance concerns. Conveniently located near shopping, dining, parks, major roadways, and Wellington's renowned equestrian venues. An exceptional investment opportunity in one of Palm Beach County's most desirable rental markets. All A+ schools. Sit back and collect your rents.

Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Date: 2026-06-12
Status: Active Under Contract
Original List Price: 2050000
List Price: $2,050,000
Current Price: $2,050,000
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Wellington
Municipality Type: Incorporated
Municipal Code: 73
Postal Zip: 33414
Development Name: sugar pond
Geographic Area: PB24
Subdivision Number: 1
Multiple Offers Accepted: Yes
Special Assessment YN: No
Flood Zone: AE,X
Country: United States
Street Number: 1031
Street Name: Goldenrod
Street Suffix: Road
State Or Province: FL
Postal Code: 33414
Postal Code +4: 8532
Subdivision Name: SUGAR POND MANOR OF WELLINGTON
Area: 5520
Elementary School: Wellington
Middle Or Junior School: Wellington Landings
High School: Wellington
Parcel Number: 73414404010500160
Zoning: WELL_PUD (city)
Directions: From Greenview Shores, turn east onto Goldenrod Road.
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 5994
Living Area Main: 6332
Living Area Source: Public Records
Lot Size Dimensions: 198.0 ft x 0.0 ft
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 2
Lot Size Area: 15670
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Land Lease YN: No
Recreation Lease YN: No
Stories Total: 2
Stories: 2
Pool Private YN: No
LP/Assessed Value: 2.05
Property Sub Type: Quadruplex
Building Area Main: 6596
Building Area Source: Public Records
Year Built: 1989
Lot Size Acres: 0.36
Waterfront YN: 1
Financial Information
Application Required YN: No
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Assessed/SOH Value: 999249
Assessor Market Value: 999249
Tax Annual Amount: 20732.14
Tax Year: 2025
Tax Legal Description: SUGAR POND MANOR OF WELLINGTONLT 16 BLK 50
Office/Member Information
DXORIGMLSID: RML
Electric
Three Phase: 1
Exterior Features
None: 1
Flooring
Ceramic Tile: 1
Tile: 1
Vinyl: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Short Term Rentals Allowed: 1
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Co-Ownership
Property Management YN: No
Documents Available
Copy Of Lease(s): 1
Rent Rolls: 1
Fencing
None: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: Yes
Number Of Separate Electric Meters: 4
Number Of Separate Water Meters: 4
Structure Type
Quadruplex: 1
Townhouse: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Sewer: 1
Water: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Connected: 1
Electricity Available: 1
Sewer Connected: 1
Water Connected: 1
Underground Utilities: 1
View
Water: 1
Heating
Central Individual: 1
Electric: 1
Sprinkler Description
Auto Sprinkler: 1
Leasing Restrictions
Leasing - Max Times Per Year: 4
Leasing - Minimum Number of Days: 30
Water View
Canal: 1
Window Features
Blinds: 1
Construction Materials
CBS: 1
Concrete: 1
Stucco: 1
Laundry Features
Laundry Room: 1
Main Level: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
Lot Features
Corner Lot: 1
Room for Pool: 1
Sidewalks: 1
Road Frontage Type
City Street: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Asphalt: 1
Roof
Shingle: 1
Water Source
Public: 1
Waterfront Features
Canal Front: 1
Income and Expenses
Annual Total Expense: 27400
Gross Income: 157200
Net Operating Income: 129800
Source Of Expenses
Owner Provided: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Central Individual: 1
Electric: 1
Exhaust Fan: 1
Ceiling Fan Details
Number Of Ceiling Fans: 3
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Schedule Online: 1
Pets Allowed YN
No: 1
Restrictions
Lease Restrictions: 1
No Smoking: 1
Parking - No Boat: 1
Parking - No Commercial Vehicles: 1
Parking - No RV: 1
Parking - No Trailer: 1
Storm Protection
Impact Glass: Complete
Tax Information
County Only: 1
Canal Width
Canal Width 1-80 Feet: 1
Outdoor Living Spaces
Patio: 1
Patio Details
Patio - Open: 1
Contingencies
None: 1
Unit 1 Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 3400
Baths Full: 2
Baths Half: 1
Beds Total: 4
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 1649
Unit 1 Lease Description
Currently Leased YN: No
Occupant Type: Tenant
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Window Coverings: 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Open Parking: 1
Parking Space: 1
Unit 1 Rooms
Kitchen: 1
Laundry Room: 1
Unit 2 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Washer: 1
Unit 2 Details
Actual Rent: 3400
Baths Full: 2
Baths Half: 1
Beds Total: 4
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 1649
Unit 2 Lease Description
Currently Leased YN: No
Occupant Type: Vacant
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
Open Parking: 1
Parking Space: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Unit 2 Rooms
Kitchen: 1
Laundry Room: 1
Separate Dining: 1
Unit 3 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Unit 3 Details
Actual Rent: 3400
Baths Full: 2
Baths Half: 1
Beds Total: 4
Furnished: Unfurnished
SqFt: 1649
Unit 3 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Window Coverings: 1
Unit 3 Parking Features
Open Parking: 1
Parking Space: 1
Unit 4 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Refrigerator: 1
Washer: 1
Unit 4 Details
Actual Rent: 2900
Baths Full: 2
Baths Half: 1
Beds Total: 4
Furnished: Unfurnished
SqFt: 1649
Unit 4 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2026-07-31
Occupant Type: Tenant
Unit 4 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Window Coverings: 1
Unit 4 Parking Details
Garage YN: No
Unit 4 Parking Features
Open Parking: 1
Parking Space: 1
Price Calculations
Current Price To SqFt: 323.75
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-08-02T14:39:54Z
Major Change Type: Status Change
Status Change Date: 2026-08-02
Under Contract Type: Active Under Contract
Under Contract Date: 2026-07-27
Originating Details
Originating System Key: 20260602151957408668000000
Originating System ID: M00000170
Property Features
Documents Available: Copy Of Lease(s); Rent Rolls
Electric: Three Phase
Exterior Features: None
Fencing: None
Flooring: Ceramic Tile; Tile; Vinyl
Leasing Permitted Details: Okay To Lease; Short Term Rentals Allowed
Property Condition: Resale
Special Listing Conditions: Standard
Structure Type: Quadruplex; Townhouse
Tenant Pays: Cable TV; Electricity; Sewer; Water
Source Of Expenses: Owner Provided
Construction Materials: CBS; Concrete; Stucco
Cooling: Ceiling Fan(s); Central Air; Central Individual; Exhaust Fan
Heating: Central Individual; Electric
Laundry Features: Laundry Room; Main Level
Levels: Two
Listing Terms: Cash; Conventional; FHA
Lot Features: Corner Lot; Room for Pool; Sidewalks
Pets Allowed YN: No
Possession: Close Of Escrow
Restrictions: Lease Restrictions; No Smoking; Parking - No Boat; Parking - No Commercial Vehicles; Parking - No RV; Parking - No Trailer
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt
Roof: Shingle
Sewer: Public Sewer
Sprinkler Description: Auto Sprinkler
Tax Information: County Only
Utilities: Cable Connected; Electricity Available; Sewer Connected; Water Connected; Underground Utilities
View: Water
Water Source: Public
Water View: Canal
Waterfront Features: Canal Front
Canal Width: Canal Width 1-80 Feet
Window Features: Blinds
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Schedule Online
Outdoor Living Spaces: Patio
Patio Details: Patio - Open
Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings
Unit 1 Parking Features: Open Parking; Parking Space
Unit 1 Rooms: Kitchen; Laundry Room
Unit 2 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Washer
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 2 Parking Features: Open Parking; Parking Space
Unit 2 Rooms: Kitchen; Laundry Room; Separate Dining
Unit 3 Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer
Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings
Unit 3 Parking Features: Open Parking; Parking Space
Unit 4 Appliances: Dishwasher; Disposal; Dryer; Refrigerator; Washer
Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings
Unit 4 Parking Features: Open Parking; Parking Space
Contingencies: None
Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot
Supplements
The majority of the renovations were completed between 2024 and 2026.

IDX
Listing Office: Regency Realty Services

Last Updated: August - 02 - 2026

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