$730,000
Wellington, FL 33414
MLS# R10313159
Status: Closed
6340 sqft
1 / 5
Property Description
***Back Up Offers Only *** Rare opportunity to acquire a 4 unit apartment building in wellington one of palm beach counties most prestigious Neighborhood,Each Unit is 4 bedroom 2 bath with a one car garage, The property has potential to be a 7.5% Cap, No HOA DUES, TENANTS PAY THERE OWN WATER AND ELECTRIC, 100% OCCUPIED. Also for sale 1567 and 1577 Hawthorne also for sale.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2017-03-01
Status: Closed
Original List Price: 745000
Sold Price: $730,000
Current Price: $730,000
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: Yes
Street Number: 13981
Street Name: Morning Glory
Street Suffix: Drive
State Or Province: FL
Postal Code: 33414
Subdivision Name: SUGAR POND MANOR OF WELLINGTON
Area: 5520
Parcel Number: 73414404010670140
Zoning: WELL_P
Directions: When Coming from 441 and Forest Hill Blvd Forest Hill to South Shore BLVD. Continue on south shore blvd until you reach green view shores Blvd. Merge onto Green View Shore and Continue until you MGD
General Property Information
Number Of Units Total: 4
Living Area Main: 5460
Lot Size Dimensions: 100.0 ft x 0.0 ft
Lot Size Area: 15000
Senior Community YN: No
Stories: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 6340
Building Area Source: Public Records
Year Built: 1994
Lot Size Acres: 0.34
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2017-08-01T16:47:39Z
Major Change Type: Status Change
Status Change Date: 2017-08-01
Under Contract Date: 2017-07-17
Close Date: 2017-08-01
Close Price: 730000
Application Fee Details
Application Fee: 0
Association Amenities
None: 1
Electric
Three Phase: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Deposit Held: 1
Investment Analysis: 1
Service Contracts: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Tenant Pays
Electricity: 1
Insurance: 1
Repairs: 1
Sewer: 1
Water: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Utilities
Water Available: 1
Heating
Central Building: 1
Sprinkler Description
Auto Sprinkler: 1
Water Access
None: 1
Construction Materials
Block: 1
CBS: 1
Concrete: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Barrel: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 15139
Gross Income: 66600
Net Operating Income: 51461
Source Of Expenses
Owner Provided: 1
Pro Forma: 1
Cooling
Central Individual: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Contingencies
None: 1
Unit 1 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 1600
Baths Full: 2
Beds Total: 4
Furnished: Unfurnished
SqFt: 1585
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Details
Garage YN: Yes
Attached Garage YN: No
Unit 1 Parking Features
Parking Space: 1
Unit 1 Patio/Porch
Patio/Porch: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Disposal: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 1500
Baths Full: 2
Beds Total: 4
Furnished: Unfurnished
SqFt: 1585
Unit 2 Interior Features
Skylight(s): 1
Unit 2 Other Equipment
Air Conditioning Unit: 1
Fire Sprinklers: 1
Unit 2 Parking Details
Garage YN: Yes
Attached Garage YN: No
Unit 2 Parking Features
Parking Space: 1
Unit 2 Rooms
Kitchen: 1
Laundry Room: 1
Unit 3 Details
Actual Rent: 1500
Baths Full: 2
Beds Total: 4
Furnished: Unfurnished
SqFt: 1585
Unit 4 Details
Actual Rent: 1600
Baths Full: 2
Beds Total: 4
Furnished: Unfurnished
SqFt: 1585
Price Calculations
Current Price To SqFt: 133.69
Original List Price To Close Price: 1.02
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Financial Information
Tax Annual Amount: 10639.2
Tax Year: 2016
Tax Legal Description: SUGAR POND MANOR OF WELLINGTONLT 14 BLK 67
Originating Details
Originating System Key: 20170302204710824753000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Copy Of Lease(s); Deposit Held; Investment Analysis; Service Contracts
Electric: Three Phase
Flooring: Carpet; Ceramic Tile
Property Condition: Resale
Tenant Pays: Electricity; Insurance; Repairs; Sewer; Water
Source Of Expenses: Owner Provided; Pro Forma
Construction Materials: Block; CBS; Concrete
Cooling: Central Individual
Heating: Central Building
Listing Terms: Cash; Conventional
Possession: Close Of Escrow; Negotiable
Restrictions: No Restrictions
Roof: Barrel
Sprinkler Description: Auto Sprinkler
Tax Information: City/County
Utilities: Water Available
Water Access: None
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Unit 1 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Disposal; Microwave; Range; Refrigerator; Washer
Unit 2 Interior Features: Skylight(s)
Unit 2 Other Equipment: Air Conditioning Unit; Fire Sprinklers
Unit 2 Parking Features: Parking Space
Unit 2 Rooms: Kitchen; Laundry Room
Contingencies: None
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Listing Office: KW Innovations
Last Updated: August - 06 - 2026
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