$675,000
SOLD MAR 24, 2025
-- Bed
-- Bath
2,041 Sq Ft
0.34 Acres

Recently Sold

$331 Per Sq Ft

5% Below List Price

121 Days on Market

Highlights

  • Tile Flooring
  • Elbridge Gale Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of March 2025

Income producing duplex in the highly sought after equestrian city of Wellington, Florida. Both units are rented, one unit consists of a 2BR 2BA with 984 sq ft, the other unit 3BR 2BA with 1,057 sq ft. & sits on a .33 acre lot. Both units feature tile flooring throughout, updated kitchens & bathrooms, washer/dryer in-unit. Projected annual gross income $56,400. Annual Expenses Include, Taxes $7,821, Insurance $3,700 & Landscaping $1,200. Located in an all A+ rated magnet school district, close to local hospital, fine dining & shopping. Excellent opportunity to own this cash flowing property in a great location!

Last Agent to Sell the Property

Juan Carlos Arango

LoKation License #3287691

LoKation

Last Buyer's Agent

Moselie Metinor P.A.

Statewide Realty Group LLC License #3553213

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,822

Year Built

  • Built in 1985

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,041 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • South Shore 04 Wellington Subdivision

Listing and Financial Details

  • Total Actual Rent $56,400
  • Assessor Parcel Number 73414402030100101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,822

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: GPS
  • Year Built: 1985
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2041.0

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 73414402030100101
  • Lot Size: 14,577
  • Zoning Description: RM

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7822.0

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 56400.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Sold $675,000 -0.7% $331 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
03/07/2025 03/07/25 Price Changed $680,000 -2.2% $333 / Sq Ft
01/16/2025 01/16/25 Price Changed $694,999 -0.7% $341 / Sq Ft
11/29/2024 11/29/24 Price Changed $699,900 -1.4% $343 / Sq Ft
11/12/2024 11/12/24 For Sale $710,000 0.0% $348 / Sq Ft
10/18/2021 10/18/21 Rented $2,000 +29.0% --
09/18/2021 09/18/21 Under Contract -- -- --
07/30/2021 07/30/21 For Rent $1,550 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,539 $366,095 -- --
2023 $7,822 $332,814 $78,480 $330,838
2022 $6,963 $302,558 $0 $0
2021 $6,221 $275,053 $43,200 $231,853
2020 $5,737 $252,224 $45,360 $206,864
2019 $4,422 $208,634 $45,360 $163,274
2018 $3,986 $190,926 $42,768 $148,158
2017 $3,748 $176,534 $38,880 $137,654
2016 $3,669 $128,236 $0 $0
2015 $3,334 $116,578 $0 $0
2014 $3,114 $105,980 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $675,000 VA
Closed $675,000 VA
Previous Owner $480,000 New Conventional
Previous Owner $325,000 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $675,000 Capital Abstract & Title
Warranty Deed $675,000 Capital Abstract & Title
Warranty Deed $315,000 First International Title In
Interfamily Deed Transfer -- Attorney
Quit Claim Deed -- None Available
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10471239

BeachesMLS (Greater Fort Lauderdale)

APN: 73-41-44-02-03-010-0101