Renovated Two-Unit
For Sale
Contact for pricing
12452 Guilford Way, Wellington, FL 33414
Two residences offer spacious layouts, private garages, and a shared fenced backyard in a multifamily setting.
Property Size3,362 SF
Price / SF$236.47
Days on Market100
Property Features for 12452 Guilford Way
General Information
Standard status
Active
Size
3,362 SF
Property subtype
Multifamily
Zoning
MULTI-FAMILY
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
1996
Units
2
Listing Agency:
Universal Realty Associates
Listed By:
Bey Atmaca · License #FL
Source:
Crexi
Added: May 23
Changed: Aug 29
Last Checked: Aug 29 at 2:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Universal Realty Associates
Investment Insights
Based on property information with market context.
This 3,362-square-foot duplex contains two residential units, each arranged with 3 bedrooms, 2 bathrooms, and a private 1-car garage. The property was built in 1996 and includes a recently installed roof. One residence has undergone a comprehensive renovation with a new kitchen, refreshed bathrooms, new flooring, impact windows and sliding glass doors, and updated interior paint. Both units provide generous living areas, natural light, and private outdoor space.
A fenced backyard with a wooden privacy fence serves both units. The property is located at 12452 Guilford Way in Wellington, near retail centers, restaurants, hospitals, schools, parks, and other everyday services. Major roadways are also accessible from the property. Multifamily zoning supports the duplex configuration.
A fenced backyard with a wooden privacy fence serves both units. The property is located at 12452 Guilford Way in Wellington, near retail centers, restaurants, hospitals, schools, parks, and other everyday services. Major roadways are also accessible from the property. Multifamily zoning supports the duplex configuration.
Key Highlights
- Two‑unit duplex with 3,362 square feet of building area
- Each unit includes 3 bedrooms, 2 bathrooms, and a private 1‑car garage
- One unit renovated with a new kitchen, remodeled bathrooms, flooring, impact windows, and fresh paint
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,044
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,120,880
$1.1M
Cap Rate 7%
$800,629
$800.6K
Cap Rate 9%
$622,711
$622.7K
Market Conditions
NOI Build-Up for 3,362 SF
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.
Gross rent
$84.7K $25.20/SF
− Vacancy
−$4.7K −$1.39/SF
EGI
$80.1K $23.81/SF
− OpEx
−$24.0K −$7.14/SF
NOI
$56.0K $16.67/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,120,880
Cap Rate 7%
$800,629
Cap Rate 9%
$622,711
Alternative Uses
Best Use
Multifamily LT 5
$800.6K
$700.6K – $934.1K
NOI $56,044 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$738.6K
$646.3K – $861.8K
NOI $51,705 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$2.37M
$2.07M – $2.76M
NOI $165,740 @ 7.0% cap · market cap 20.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
595
Businesses Nearby
Explore this area
Business Placement
Demographics for 33414, FL
59,802
Population
23,111
Households
2.6
Avg Household Size
41
Median Age
45%
College-Educated
94%
High-School Grad
28.3 sq mi
ZIP Area
2,113
Density / Sq Mi
$105,953
Median Household Income
$52,892
Median Earnings
$2,326
Median Rent
$533,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer spacious layouts, private garages, and a shared fenced backyard in a multifamily setting.
Where is this duplex located?
The property is located at 12452 Guilford Way Wellington, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two‑unit duplex with 3,362 square feet of building area; Each unit includes 3 bedrooms, 2 bathrooms, and a private 1‑car garage; One unit renovated with a new kitchen, remodeled bathrooms, flooring, impact windows, and fresh paint
