$1,895,000
SOLD FEB 27, 2025
-- Bed
-- Bath
8,844 Sq Ft
1998 Built

Recently Sold

$214 Per Sq Ft

17% Below List Price

265 Days on Market

Highlights

  • Screened Porch
  • Central Heating and Cooling System
  • 4 Car Garage
  • Polo Park Middle School Rated A-
  • Ceiling Fan
  • 3-minute walk to Tiger Shark Cove Park

About This Home

As of February 2025

This exceptional property offers versatile options for impressive rental income. Ideally located just minutes from Wellington's premier equestrian facilities, it is a dream investment for horse enthusiasts and property investors alike. Each unit includes a garage allowing for easy storage of golf carts and bicycles; enjoy a 6-minute bike ride or a quick golf cart ride to the Wellington Equestrian grounds! This rare, NO HOA, large multifamily property consists of FOUR 2-story rental homes; with **each home having 5 bedrooms, 2.5 bathrooms and a single car garage**. The four turnkey units are made up of a 5,120 Sq Ft duplex and two 2,560 Sq Ft detached single family homes. The property is fully leased with great tenants! With the opportunity to convert one or more of the units into a

Last Agent to Sell the Property

Hadar Goldberg PA

Keller Williams Realty - Welli License #3345624

Keller Williams Realty - Welli

Co-Listed By

Rob Yacovone

Keller Williams Realty - Welli License #3271741

Last Buyer's Agent

Maria Erika Valdez De Valdivia

KW Reserve Palm Beach License #3520937

KW Reserve Palm Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,040

Year Built

  • Built in 1998

Parking

  • 4 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 8,844 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Screened Porch
  • Vinyl Flooring

Schools

  • New Horizons Elementary School
  • Polo Park Middle School
  • Wellington High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73414409020710140

Community Details

Overview

  • Association fees include ground maintenance
  • 4 Units
  • Greenview Shores 02 Welli Subdivision

Building Details

  • Operating Expense $46,566
  • Net Operating Income $139,434

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,040

Year Built

Built in 1998

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Directions: Follow Lake Worth Rd and S Shore Blvd to Carlton St in Wellington. Continue on Carlton St Drive to Yarmouth Ct.
  • Year Built: 1998
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Private Spa: No
  • Flooring: Vinyl
  • Living Area: 8844.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Enclosed Porch
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block, Frame
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other

Schools

  • Elementary School: New Horizons
  • High School: Wellington
  • Middle Or Junior School: Polo Park

Lot Info

  • Parcel #: 73414409020710140
  • Lot Size: .38
  • Zoning Description: RM

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 139434.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 46566.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 29040.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
04/22/2025 04/22/25 Price Changed $3,800 -5.0% $2 / Sq Ft
04/07/2025 04/07/25 Price Changed $4,000 -4.8% $2 / Sq Ft
03/26/2025 03/26/25 For Rent $4,200 0.0% --
02/27/2025 02/27/25 Sold $1,895,000 -5.0% $214 / Sq Ft
07/01/2024 07/01/24 Price Changed $1,995,000 -13.1% $226 / Sq Ft
06/06/2024 06/06/24 For Sale $2,295,000 0.0% $259 / Sq Ft
03/06/2023 03/06/23 For Rent $3,150 0.0% --
03/06/2023 03/06/23 Rented $3,150 +1.6% --
06/07/2022 06/07/22 For Rent $3,100 0.0% --
05/15/2022 05/15/22 For Rent $3,100 0.0% --
01/03/2022 01/03/22 Sold $1,600,000 0.0% $181 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $1,600,000 0.0% $181 / Sq Ft
10/05/2014 10/05/14 For Rent $1,750 0.0% --
10/05/2014 10/05/14 Rented $1,750 -- --
Source: BeachesMLS

Similar Home in Wellington, FL

  • 2131 Wightman Dr, Wellington, FL 33414

    $2,175,000

    • 3 Beds
    • 3 Baths
    • 2,170 Sq Ft
    • 2131 Wightman Dr
    • Wellington, FL

    Step into timeless elegance with this completely renovated 3-bedroom, 3-bathroom courtyard bungalow in the prestigious Palm Beach Polo community. Designed and furnished by Chris Brown Designs, this stunning home seamlessly blends antique charm with modern luxury.Featuring wood floors throughout, the bungalow boasts top-tier finishes and an inviting open-concept living space. The beautifully

    Kristina Lloyd Douglas Elliman (Wellington)

    Section Image

Source: BeachesMLS

MLS Number: R10993798

BeachesMLS