$1,699,000
$51K PRICE DROP

Estimated payment $11,257/month

Total Views 1,362
-- Bed
-- Bath
5,650 Sq Ft
$301 Price per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 4 Car Garage
  • Wellington Landings Middle School Rated A-
  • Ceiling Fan

About This Home

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.

Listing Agent

Joy Harrington

Coastal Realty Group Sales & M License #3024706

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,293

Year Built

  • Built in 1998

Lot Details

  • 0.34 Acre Lot
  • Sprinkler System

Parking

  • 4 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 5,650 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds

Flooring

  • Ceramic Tile
  • Vinyl

Schools

  • Wellington High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73414404010670010
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units
  • Sugar Pond Manor Of Welli Subdivision

Building Details

  • Operating Expense $34,000
  • Net Operating Income $64,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,293

Year Built

Built in 1998

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1998
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 5650.0
  • Window Features: Blinds

Exterior Features

  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Pet on Property
  • Construction Type: Block
  • 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, Electric
  • 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

Schools

  • High School: Wellington

Lot Info

  • Parcel #: 73414404010670010
  • Lot Size: < 1/4 Acre,1/4 to 1/2 Ac
  • Lot Size Sq Ft: 14864.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 64400.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 34000.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 21293.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $21,293 $989,189 -- --
2023 $20,312 $899,263 $234,525 $896,742
2022 $18,700 $817,512 $0 $0
2021 $16,546 $816,448 $120,000 $696,448
2020 $15,034 $727,671 $126,000 $601,671
2019 $13,590 $614,209 $126,000 $488,209
2018 $12,703 $610,706 $111,425 $499,281
2017 $11,895 $571,348 $101,295 $470,053
2016 $11,393 $474,250 $0 $0
2015 $10,251 $431,136 $0 $0
2014 $9,409 $383,008 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Price Changed $1,699,000 -2.9% $301 / Sq Ft
03/06/2025 03/06/25 For Sale $1,750,000 0.0% $310 / Sq Ft
01/10/2018 01/10/18 For Rent $1,450 0.0% --
01/10/2018 01/10/18 Rented $1,450 +1.8% --
02/24/2016 02/24/16 Rented $1,425 +1.8% --
01/25/2016 01/25/16 Under Contract -- -- --
01/15/2016 01/15/16 For Rent $1,400 0.0% --
09/08/2015 09/08/15 Rented $1,400 0.0% --
08/09/2015 08/09/15 Under Contract -- -- --
08/05/2015 08/05/15 For Rent $1,400 +7.7% --
08/02/2014 08/02/14 For Rent $1,300 0.0% --
08/02/2014 08/02/14 Rented $1,300 +2.0% --
04/24/2014 04/24/14 Rented $1,275 0.0% --
03/25/2014 03/25/14 Under Contract -- -- --
03/20/2014 03/20/14 For Rent $1,275 -- --
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $600,000 Attorney
Warranty Deed $465,000 Harbor Land Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $435,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Source: BeachesMLS

MLS Number: R11068773

BeachesMLS

APN: 73-41-44-04-01-067-0010