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    1577 Hawthorne Pl Wellington, FL 33414

    For Sale
    $1,700,000

    Four-unit apartment building in Wellington with significant investment potential.

    Lot size:
    0.34 Acres

    Property Features for 1577 Hawthorne Pl

    General Information

    Lot size
    0.34 Acres

    Building Details

    Year built
    1999

    Source: Realty Connection Link LLC Agent Sarah Thomsen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wellington Fourplex Investment Opportunity

    This is an opportunity to purchase a four-unit apartment building located in Wellington. Each of the four units features four bedrooms and two bathrooms, with fenced patio areas. The seller is also offering a neighboring fourplex at 1567 Hawthorne Place, and will only sell both properties together for a combined price. Residents of all eight units have access to a private, gated pool. The roof was replaced in 2023, and all air conditioning units have been replaced within the last one to four years. The property is located across the street from a new park and within walking distance of shopping and restaurants. The location in an A+ school district enhances the property's desirability for renters. There is potential to increase rental income, as current rents are below market value. The property is intended for use as a residential income property.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wellington
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.2688824
    Latitude
    26.6584999

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    FAQs

    What type of property is this?
    Quadplex - Four-unit apartment building in Wellington with significant investment potential.
    Where is this quadplex located?
    The property is located at 1577 Hawthorne Pl Wellington, FL.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - Eight units available as a package deal in two 4-unit buildings.; - Each unit features 4 bedrooms and 2 bathrooms with a fenced patio.; - New roof installed in 2023 and relatively new AC units (1-4 years old).
    (561) 260-2000
    Request Owner's contact information
    1577 Hawthorne Pl Wellington, FL 33414
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    Wellington, FL 33414
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1577 Hawthorne Pl Wellington, FL 33414
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