Turnkey Fourplex Townhome
1031 Goldenrod Road Wellington, FL 33414
1031 Goldenrod Road, Wellington, FL, 33414
$2,050,000
For Sale
$2,050,000
TOWNHOME - Wellington, FL
Property Size6,332 SF
Lot Size0.36 Acres
Price / SF$323.75
Days on Market42
Property Features for 1031 Goldenrod Road
General Information
- Property type
- Residential
- Property subtype
- Quadruplex
- Zoning
- WELL_PUD (city)
- Bedrooms
- 16
- Rooms
- Bedroom 12, Bedroom 1, Bedroom 16, Bedroom 3, Bathroom 10, Bathroom 3, Bathroom 6, Bedroom 4, Bedroom 10, Bathroom 9, Bedroom 14, Bedroom 13, Bedroom 15, Bathroom 5, Bedroom 9, Bedroom 6, Bathroom 1, Bedroom 11, Bathroom 12, Bathroom 8, Bedroom 7, Bathroom 4, Bathroom 7, Bedroom 8, Bathroom 2, Bedroom 5, Bathroom 11, Bedroom 2
- Window features
- Blinds
- Patio and Porch features
- Patio
- Standard status
- Active
- APN
- 73414404010500160
- Size
- 6,332 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SUGAR POND MANOR OF WELLINGTONLT 16 BLK 50
- Tax Annual Amount
- 20732
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric, Exhaust Fan (Cooling), Ceiling Fan(s)
- Water source
- Public
- Water front
- 1
Building Details
- Year built
- 1989
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl, Tile, Tile - Ceramic
- Building materials
- CBS, Concrete, Stucco
- Roof type
- Shingle
Listing agency
Regency Realty Services
(561) 394-4600
Listed by
Mohammad Shafiee · License #3159682
(561) 452-5757
Added: Jun 12 Updated: Jul 20 at 2:00AM Checked: Jul 23 at 4:06AM
MLS# B26040214
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale fourplex townhome property includes four units, each laid out with 4 bedrooms and 2.5 baths. The offering is described as fully renovated, with extensive updates across all units, including impact windows, HVAC systems, water heaters, kitchen improvements with updated cabinetry, updated flooring, refreshed bathrooms, and interior finishes throughout.
The property is located at 1031 Goldenrod Road in Wellington, Florida, within WELL PUD zoning (city). The public remarks note proximity to shopping, dining, parks, major roadways, and Wellington’s equestrian venues.
Renovations are described as completed primarily between 2024 and 2026, supporting a turnkey condition for an income-producing residential income property.
The property is located at 1031 Goldenrod Road in Wellington, Florida, within WELL PUD zoning (city). The public remarks note proximity to shopping, dining, parks, major roadways, and Wellington’s equestrian venues.
Renovations are described as completed primarily between 2024 and 2026, supporting a turnkey condition for an income-producing residential income property.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $159.6k | $25.20 |
| − Vacancy | −$8.8k | −$1.39 |
| EGI | $150.8k | $23.81 |
| − OpEx | −$45.2k | −$7.14 |
| NOI | $105.6k | $16.67 |
6,332 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.51M
$1.32M – $1.76M
NOI $105,553 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$1.39M
$1.22M – $1.62M
NOI $97,382 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$4.46M
$3.90M – $5.20M
NOI $312,154 @ 7.0% cap · market cap 15.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fully renovated fourplex townhomes with impact windows, HVAC, and updated kitchens across all units.
Where is this quadplex located?
The property is located at 1031 Goldenrod Road Wellington, FL.
What is the asking price?
The asking price for this property is $2,050,000.
