$1,750,000
Wellington, FL 33414
MLS# RX-11068773
5650 sqft
1 / 14
Property Description
This exceptional multi-family property offers a rare chance to own a highly desirable income producing property in one of Florida's most sought after communities. Featuring a brand new roof with 10 year warranty, fresh exterior paint, and no HOA. Each thoughtfully designed unit boasts durable vinyl and tile flooring, a private 1 car garage, washer and dryer, separate water & electric meters, and ample parking for residents and guests. Perfectly located minutes from the Wellington Equestrian grounds, top-rated schools, premier shopping, and fine dining. Whether you're seeking extremely strong rental income potential, (POTENTIAL YEARLY INCOME $160,000), or looking for a turn-key property fully leased with great tenants, this is a can't miss opportunity.
Details
Maps
Contract Information
Listing Date: 2025-03-06
Status: Active
Original List Price: 1750000
Auction: No
List Price: $1,750,000
Current Price: $1,750,000
List Price/SqFt: 309.73
Negotiable Seller Concessions YN: Yes
General Property Description
Type: Quad Plex
Structure Type: Quadruplex
Total # of Units: 4
Property Condition: Resale
Year Built: 1998
Number of Stories: 2
SqFt - Total: 6630
SqFt - Living: 5650
SqFt Source: Tax Rolls
Gated Community: No
Garage Spaces: 4
Homeowners Assoc: None
Subdivision: SUGAR POND MANOR OF WELLINGTON
Lot SqFt: 14864
Waterfront: No
Private Pool: No
Pets on Premises: Yes
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Location Tax Legal
Area: 5520
County: Palm Beach
Parcel ID: 73414404010670010
Street #: 1434
Street Name: Hawthorne
Street Suffix: Place
Zip Code: 33414
Legal Desc: SUGAR POND MANOR OF WELLINGTONLT 1 BLK 67
Geo Lat: 26.660455
Geo Lon: -80.268125
Unit 1 Info
Bedrooms: 2
Full Bath: 2
Furnished: No
SqFt: 1100
Monthly Income: 1850
Unit 2 Info
Bedrooms: 3
Full Bath: 3
Furnished: No
SqFt: 1750
Monthly Income: 2150
Unit 3 Info
Bedrooms: 4
Full Bath: 3
SqFt: 1750
Monthly Income: 2350
Unit 4 Info
Bedrooms: 2
Full Bath: 2
SqFt: 1100
Monthly Income: 1850
Income Expenses
Annual Total Expense: 34000
Annual Net Oper Inc: 64400
Storm Protection
Panel Shutters: Complete
Property Features
Source of Expenses: Owner
Construction: CBS
Waterfront Details: None
Unit 1 Desc: A/C Unit; Dishwasher; Disposal; Dryer; Electric Meter; Kitchen; Laundry; Microwave; Range - Electric; Refrigerator; W/D Hookup; Washer
Unit 1 Parking: Garage - Attached; Space Parking
Unit 2 Desc: A/C Unit; Dishwasher; Disposal; Dryer; Electric Meter; Kitchen; Laundry; Microwave; Range - Electric; Refrigerator; W/D Hookup; Washer
Unit 2 Parking: Garage - Attached; Space Parking
Unit 3 Desc: A/C Unit; Disposal; Electric Meter; Kitchen; Laundry; Microwave; Range - Electric; Refrigerator; Roman Tub; W/D Hookup; Walk-in Closets; Washer
Unit 3 Parking: Auto Garage Door; Garage - Attached; Space Parking
Unit 4 Desc: A/C Unit; Dishwasher; Disposal; Dryer; Electric Meter; Kitchen; Laundry; Microwave; Range - Electric; Refrigerator; Roman Tub; W/D Hookup; Walk-in Closets; Washer
Lot Description: < 1/4 Acre; 1/4 to 1/2 Acre
Exterior Features: Auto Sprinkler; Zoned Sprinkler
Tenant Pays: Cable; Electric; Water
Restrict: None
Flooring: Ceramic Tile; Vinyl Floor
Cooling: Ceiling Fan; Central; Central Individual
Heating: Central; Central Individual
Roof: Comp Shingle
Terms Considered: Cash; Conventional; Exchange; Other
Utilities: Cable; Public Sewer; Public Water
Window Treatments: Blinds
Special Info: Sold As-Is
Taxes: City/County
Avail Info: Deposit Security
Possession: At Closing
Showing Instructions: Text Listing Agent
Listing Office: Coastal Realty Group Sales & M
Last Updated: March - 09 - 2025
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
