$1,400,000
Wellington, FL 33414
MLS# RX-11114211
Status: Closed
5650 sqft
1 / 40
Property Description
Turnkey Multi-Family Investment in the heart of Wellington. Fully leased and income-producing this property features a new 2024 roof with 10-year warranty, NO HOA, and a prime location near equestrian venues, top schools, shopping, and restaurants. Each unit includes tile flooring, washer/dryer, private 1-car garage, separate water & electric meters, and ample parking. Don't miss this chance to own a low-maintenance property with limitless income producing potential.
Details
Maps
Contract Information
Auction: No
List Price/SqFt: 265.48
Negotiable Seller Concessions YN: Yes
Listing Date: 2025-08-08
Status: Closed
Original List Price: 1500000
Sold Price: $1,400,000
Current Price: $1,400,000
General Property Description
Structure Type: Quadruplex
Total # of Units: 4
Property Condition: Resale
Number of Stories: 2
SqFt - Total: 6630
Waterfront: No
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Pets on Premises: Yes
HOA/POA/COA (Monthly): 0
Directions: Located off Greenview Shores between South Shore and Wellington Trace. Head West on Hawthorne then is the first driveway on the left.
Private Pool: No
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Type: Quad Plex
Year Built: 1998
SqFt - Living: 5650
Subdivision: SUGAR POND MANOR OF WELLINGTON
Lot SqFt: 14864
Location, Tax & Legal
Geo Area: PB24
Country: United States
State/Province: FL
HOPA: No Hopa
Short Sale: No
Tax Year: 2024
Zoning: WELL_P
Short Sale A/U: N/A
Short Sale Addendum: No
Taxes: 21293
Special Assessment: No
REO: No
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
Office/Member Info
DXORIGMLNO: RX-11114211
DXORIGMLSID: RML
Status Change Info
Terms of Sale: Cash
Sold Price/SqFt: 247.78
Under Contract Date: 2025-08-14
Sold Date: 2025-08-27
Sold Price: $1,400,000
Unit 1 Info
Bedrooms: 2
Full Bath: 2
Furnished: No
SqFt: 1200
Monthly Income: 1850
Unit 2 Info
Bedrooms: 3
Full Bath: 3
Furnished: No
SqFt: 1650
Monthly Income: 2150
Unit 3 Info
Bedrooms: 4
Full Bath: 3
SqFt: 1650
Monthly Income: 2350
Unit 4 Info
Bedrooms: 2
Full Bath: 2
SqFt: 1200
Monthly Income: 1850
Income & Expenses
Gross Operating Inc: 98400
Source of Expenses
Other: 1
Avail Info
Other: 1
Construction
CBS: 1
Waterfront Details
None: 1
Lot Description
1/4 to 1/2 Acre: 1
Cooling
Ceiling Fan: 1
Central: 1
Unit 1 Desc
A/C Unit: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Meter: 1
Kitchen: 1
Range - Electric: 1
Refrigerator: 1
Smoke Detector: 1
W/D Hookup: 1
Washer: 1
Heating
Central: 1
Tenant Pays
Cable: 1
Electric: 1
Sewer: 1
Water: 1
Exterior Features
Auto Sprinkler: 1
Unit 1 Parking
Garage - Attached: 1
Space Parking: 1
Unit 2 Desc
A/C Unit: 1
Dishwasher: 1
Dryer: 1
Electric Meter: 1
Kitchen: 1
Microwave: 1
Range - Electric: 1
Refrigerator: 1
Roman Tub: 1
W/D Hookup: 1
Walk-in Closets: 1
Washer: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Laminate: 1
Vinyl Floor: 1
Unit 2 Parking
Garage - Attached: 1
Space Parking: 1
Utilities
Cable: 1
Electric: 1
Public Sewer: 1
Public Water: 1
Unit 3 Desc
A/C Unit: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Meter: 1
Kitchen: 1
Microwave: 1
Range - Electric: 1
Refrigerator: 1
Roman Tub: 1
Smoke Detector: 1
W/D Hookup: 1
Walk-in Closets: 1
Washer: 1
Unit 3 Parking
Auto Garage Door: 1
Garage - Attached: 1
Space Parking: 1
Unit 4 Desc
A/C Unit: 1
Disposal: 1
Dryer: 1
Electric Meter: 1
Kitchen: 1
Range - Electric: 1
Refrigerator: 1
Smoke Detector: 1
W/D Hookup: 1
Washer: 1
Unit 4 Parking
Auto Garage Door: 1
Garage - Attached: 1
Space Parking: 1
Restrict
None: 1
Roof
Comp Shingle: 1
Subdiv. Amenities
Basketball: 1
Terms Considered
Cash: 1
Conventional: 1
Exchange: 1
Possession
At Closing: 1
Showing Instructions
Text Listing Agent: 1
Storm Protection
Panel Shutters: Complete
Taxes
County Only: 1
Contingencies
Inspection: 1
Other: 1
Concessions
Seller Concessions: Yes
Seller Concessions Amount: 50000
Other: 1
Contributions
Buyer Contributions: No
Income Expenses
Annual Total Expense: 34000
Annual Net Oper Inc: 64400
Property Features
Source of Expenses: Other
Construction: CBS
Waterfront Details: None
Unit 1 Desc: A/C Unit; Dishwasher; Disposal; Dryer; Electric Meter; Kitchen; Range - Electric; Refrigerator; Smoke Detector; W/D Hookup; Washer
Unit 1 Parking: Garage - Attached; Space Parking
Unit 2 Desc: A/C Unit; Dishwasher; Dryer; Electric Meter; Kitchen; Microwave; Range - Electric; Refrigerator; Roman Tub; W/D Hookup; Walk-in Closets; Washer
Unit 2 Parking: Garage - Attached; Space Parking
Unit 3 Desc: A/C Unit; Dishwasher; Disposal; Dryer; Electric Meter; Kitchen; Microwave; Range - Electric; Refrigerator; Roman Tub; Smoke Detector; W/D Hookup; Walk-in Closets; Washer
Unit 3 Parking: Auto Garage Door; Garage - Attached; Space Parking
Unit 4 Desc: A/C Unit; Disposal; Dryer; Electric Meter; Kitchen; Range - Electric; Refrigerator; Smoke Detector; W/D Hookup; Washer
Unit 4 Parking: Auto Garage Door; Garage - Attached; Space Parking
Lot Description: 1/4 to 1/2 Acre
Exterior Features: Auto Sprinkler
Tenant Pays: Cable; Electric; Sewer; Sewer; Water
Restrict: None
Flooring: Carpet; Ceramic Tile; Vinyl Floor; Laminate
Cooling: Ceiling Fan; Central
Heating: Central
Roof: Comp Shingle
Terms Considered: Cash; Conventional; Exchange
Utilities: Cable; Public Sewer; Public Water
Taxes: County Only
Avail Info: Other
Possession: At Closing
Showing Instructions: Text Listing Agent
Contingencies: Inspection; Other
Concessions: Other
Listing Office: Coastal Realty Group Sales & M
Last Updated: August - 29 - 2025
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