$637,500
Wellington, FL 33414
MLS# R10181785
Status: Closed
6208 sqft

1 / 4
Property Description
Opportunity Knocks* 4 unit apartment building located in wellington. All the units are 3 bedroom and 2 bath with a 1-car garage. The building is currently 100% occupied with long term tents.There is great upside potential for a new owner to increase rents.Owner also owns 13740 Yarmouth and 13973 FOLKESTONE CIR A they are also available for sale. Co-Brokers please do not let your clients visit the property alone or speak to tents
Details
Maps
Contract Information
Comp Sale YN: No
Owner Phone: N/A
Listing Date: 2015-11-02
Status: Closed
Original List Price: 650000
Sold Price: $637,500
Current Price: $637,500
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Wellington
Postal Zip: 33414
Geographic Area: PB24
Multiple Offers Accepted: No
Special Assessment YN: No
Street Number: 13949
Street Name: Folkestone
Street Suffix: Circle
State Or Province: FL
Postal Code: 33414
Subdivision Name: GREENVIEW SHORES 2 OF WELLINGTON
Area: 5520
Elementary School: New Horizons
Middle Or Junior School: Polo Park
High School: Wellington
Parcel Number: 73414409020720080
Zoning: RM
Directions: Take Greenbriar to Folkstone Dr continue on Folkstone the building is on the right side of the road second property before the end of the street.
General Property Information
Number Of Units Total: 4
Living Area Main: 5248
Lot Size Dimensions: 123.0 ft x 0.0 ft
Lot Size Area: 18415
Senior Community YN: No
Stories: 1
Pool Private YN: No
LP/Assessed Value: 1.58
Property Sub Type: Quadruplex
Building Area Main: 6208
Building Area Source: Public Records
Year Built: 1995
Lot Size Acres: 0.42
Financial Information
Tax Assessed/SOH Value: 412397
Tax Annual Amount: 9236.96
Tax Year: 2015
Tax Legal Description: GREENVIEW SHORES NO 2 OF WELLINGTON LOT 8 BLK 72
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2016-04-22T18:36:55Z
Major Change Type: Status Change
Status Change Date: 2016-04-22
Under Contract Date: 2016-03-17
Close Date: 2016-04-22
Close Price: 637500
Application Fee Details
Application Fee: 0
Association Amenities
None: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Accounting Statements: 1
Copy Of Lease(s): 1
Deposit - Security: 1
Investment Analysis: 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Tenant Pays
Cable TV: 1
Electricity: 1
Sewer: 1
Water: 1
Possession
Close Of Escrow: 1
Utilities
Electricity Available: 1
Heating
Central: 1
Water Access
None: 1
Construction Materials
Block: 1
Concrete: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Concrete: 1
Income and Expenses
Annual Total Expense: 15060
Gross Income: 5700
Net Operating Income: 41940
Source Of Expenses
Owner Provided: 1
Other: 1
Cooling
Central Air: 1
Showing Requirements
24 Hour Notice: 1
Listing Agent Must Accompany: 1
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Contingencies
Financing: 1
Unit 1 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 1250
Baths Full: 2
Beds Total: 3
Furnished: Unfurnished
SqFt: 1300
Unit 1 Interior Features
Walk-In Closet(s): 1
Unit 1 Other Equipment
Air Conditioning Unit: 1
Washer/Dryer Hookups: 1
Unit 1 Parking Details
Garage YN: Yes
Attached Garage YN: No
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Kitchen: 1
Utility Room: 1
Unit 2 Appliances
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 1100
Baths Full: 2
Beds Total: 3
Furnished: Unfurnished
SqFt: 1300
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Details
Garage YN: Yes
Attached Garage YN: No
Unit 2 Parking Features
Parking Space: 1
Unit 2 Rooms
Family Room: 1
Kitchen: 1
Laundry Room: 1
Unit 3 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 3 Details
Actual Rent: 1200
Baths Full: 2
Beds Total: 3
Furnished: Unfurnished
SqFt: 1300
Unit 3 Other Equipment
Air Conditioning Unit: 1
Washer/Dryer Hookups: 1
Unit 3 Parking Details
Garage YN: Yes
Attached Garage YN: No
Unit 3 Parking Features
Parking Space: 1
Unit 3 Rooms
Kitchen: 1
Unit 4 Appliances
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 4 Details
Actual Rent: 1200
Baths Full: 2
Beds Total: 3
Furnished: Unfurnished
SqFt: 1300
Unit 4 Other Equipment
Air Conditioning Unit: 1
Washer/Dryer Hookups: 1
Unit 4 Parking Details
Garage YN: Yes
Attached Garage YN: No
Unit 4 Parking Features
Parking Space: 1
Unit 4 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 121.47
Original List Price To Close Price: 1.01
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Originating Details
Originating System Key: 20151104194620457974000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Accounting Statements; Copy Of Lease(s); Deposit - Security; Investment Analysis
Fencing: Fenced
Flooring: Carpet; Ceramic Tile
Property Condition: Resale
Tenant Pays: Cable TV; Electricity; Sewer; Water
Source Of Expenses: Owner Provided; Other
Construction Materials: Block; Concrete
Cooling: Central Air
Heating: Central
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Concrete
Tax Information: City/County
Utilities: Electricity Available
Water Access: None
Showing Requirements: 24 Hour Notice; Listing Agent Must Accompany
Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Interior Features: Walk-In Closet(s)
Unit 1 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Kitchen; Utility Room
Unit 2 Appliances: Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Family Room; Kitchen; Laundry Room
Unit 3 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 3 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups
Unit 3 Parking Features: Parking Space
Unit 3 Rooms: Kitchen
Unit 4 Appliances: Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Unit 4 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups
Unit 4 Parking Features: Parking Space
Unit 4 Rooms: Kitchen
Contingencies: Financing
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Listing Office: Keller Williams Realty Boca Raton
Last Updated: August - 06 - 2026
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