Exceptional investment opportunity in the heart of Wellington. Each unit features 4 Bedrooms, 2 1/2 baths town homes. Fully renovated fourplex in a highly sought-after Wellington location. All four units have been extensively updated with modern finishes and major capital improvements, including Impact windows, HVAC systems, water heaters, kitchens, cabinetry, flooring, bathrooms, and interior finishes throughout. This turnkey income-producing property offers strong rental appeal and minimal maintenance concerns. Conveniently located near shopping, dining, parks, major roadways, and Wellington's renowned equestrian venues. An exceptional investment opportunity in one of Palm Beach County's most desirable rental markets. All A+ schools. Sit back and collect your rents. The majority of the renovations were completed between 2024 and 2026.
Multi-familyProperty Type
1989Year Built
0.36 acresLot Size
$284Price/Sq.Ft.
Listed by Mohammad Shafiee• Regency Realty Services
GREAT ANNUAL INCOME !!. Four 4 bedroom, 2.1 bath town homes in the heart of Wellington with immediate proximity to everything that makes Wellington ''a great hometown,'' including all A-rated schools. Complete renovation in 2015 includes all new roof, ACs, kitchens, baths, appliances, flooring, wiring (includes hardwired smoke detectors). Two story CBS construction. Each unit of approximately 1,650 sf comes with 2 parking spaces, private entry vestibule, expansive backyard overlooking canal, tile throughout first floor, open floor plans. every tenant renewed for 2019. Kindly do not disturb tenants
Beaches MLS #R10301649
May 1, 2017
Sold
$810,000
$128/sq ft
Apr 1, 2017
Pending
—
Feb 28, 2017
Relisted
—
Feb 21, 2017
Pending
—
Jan 24, 2017
Listed
$900,000
$142/sq ft
+6
ANNUAL GROSS INCOME OF $80400. Four 4 bedroom, 2.1 bath town homes in the heart of Wellington with immediate proximity to everything that makes Wellington ''a great hometown,'' including all A-rated schools. Complete renovation in 2015 includes all new roof, ACs, kitchens, baths, appliances, flooring, wiring (includes hardwired smoke detectors). Two story CBS construction. Each unit of approximately 1,650 sf comes with 2 parking spaces, private entry vestibule, expansive backyard overlooking canal, tile throughout first floor, open floor plans. Price represents $137psf, 7+% cash on cash return at current terms, every tenant renewed for 2017. Also offered with 13901 Folkestone Cir (5 bedroom quadplex), RX-10301642. Seller financing considered. Kindly do not disturb tenants.
Beaches MLS #R3295095
Sep 3, 2014
Sold
$200,000
$32/sq ft
Aug 5, 2013
Pending
—
Jul 10, 2012
Listed
—
Beaches MLS #R10055857
Jul 12, 2014
Listing Removed
—
Jul 11, 2014
Listed
$395,000
$62/sq ft
Public Records
Jun 16, 2004
Sold
$673,000
$106/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$20,732 (+1.2%)
$239,764 + $759,485
$999,249
2024
$20,494 (+5.1%)
2023
$19,498 (+8.6%)
2022
$17,948 (+12.9%)
2021
$15,900 (+10.9%)
$120,000 + $616,008
$736,008
2020
$14,340 (+15.0%)
$126,000 + $533,192
$659,192
2019
$12,464 (−2.8%)
$126,000 + $533,192
$659,192
2018
$12,824 (+14.6%)
$111,425 + $480,861
$592,286
2017
$11,192 (+2.9%)
2016
$10,879 (+11.0%)
2015
$9,805 (+9.8%)
$84,413 + $325,570
$409,983
2014
$8,932 (+3.5%)
2013
$8,633 (+13.6%)
2012
$7,603 (−4.6%)
2011
$7,972
Public record
Public record
Zoning
Beds
16
Baths
10
Stories
2
Lot width
198 ft.
Lot depth
—
Lot size
0.36 Acres
Year renovated
2004
Sq. Ft.
6,332
Year built
1989
Style
Multi-Family (2-4 Unit)
County
Palm Beach County
APN
73414404010500160
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 2, 2026.
PUD
Planned Unit Development District
The PUD district is established to offer a residential development alternative that provides greater flexibility and encourages more design creativity than may be available under conventional development approaches. The intent of the PUD is to promote the design of largely and primarily residential neighborhoods, that incorporates commercial, recreational, civic, and institutional uses that support the neighborhoods. It also provides for preservation of natural features and scenic areas and promotes creation of a continuous non-vehicular circulation system. The PUD is consistent will all Residential, Commercial, and Regional Commercial/LSMU Future Land Use Map designations of the Land Use Element of the Comprehensive Plan. When the PUD is located in the EPA, consistency with the Comprehensive Plan includes Residential A, B, and C Future Land Use Map designations, along with the Equestrian Commercial Recreation Future Land Use Map designation and is referred to as an Equestrian Development ED.
Permitted uses
Include but are not limited to:
Bank
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Housing-Senior
Office
Medical office
Public service
Veterinary clinic
Property details
Interior
Virtual Tour Information
Interior Features
Flooring: Ceramic Tile, Tile, Vinyl
Window Features: Blinds
Laundry Features: Laundry Room, Main Level
Multi-Family Financial Information
# of Units Total: 4
Gross Income: $157,200
Net Operating Income: $129,800
Tenant Pays: Cable TV, Electricity, Sewer, Water
Pets Allowed: No
Number Of Units In Community: 4
Exterior
Building Information
Stories Total: 2
Building Area Total: 6,596
Building Area Source: Public Records
Construction Materials: Concrete, Stucco, CBS
Exterior Features
Patio And Porch Features: Patio - Open, Patio
Roof: Shingle
Property Information
Property Sub Type: Quadruplex
Levels: Two
Property Condition: Resale
Living Area: 6,332
Road Frontage Type: City Street
Lot Information
Lot Size Dimensions: 198.0 ft x 0.0 ft
Lot Features: Corner Lot, Room for Pool, Sidewalks