Furnished Quadplex with Private
For Sale
$2,100,000
1262 The 12th Fairway, Wellington, FL 33414
Residential Income, Wellington, FL
Property Size3,600 SF
Lot Size0.37 Acres
Price / SF$583.33
Days on Market95
Property Features for 1262 The 12th Fairway
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
WELL_PUD (city)
Bedrooms
8
Full bathrooms
8
Rooms
Bedroom 4, Bathroom 7, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 6, Bathroom 4, Bedroom 3, Bathroom 5, Bedroom 6, Bedroom 7, Bathroom 8, Bedroom 5, Bedroom 8, Bathroom 1, Bedroom 1
Window features
Storm Window(s)
Patio and Porch features
Patio
Pets allowed
No, Yes
Subdivision
SOUTH SHORE 4 OF WELLINGTON
Lot features
Sidewalks
Elementary school
Elbridge Gale
Middle school
Polo Park
High school
Wellington
Directions
Wellington Trace to 12th fairway.
Standard status
Active
APN
73414402030090160
Size
3,600 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SOUTH SHORE NO 4 OF WELLINGTONLT 16 BLK 9
Tax Annual Amount
9338
Legal Description
SOUTH SHORE NO 4 OF WELLINGTONLT 16 BLK 9
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Water front
1
Amenities
private furnished patios
in-unit washer/dryer
stainless steel appliances
Building Details
Year built
1980
Floors in Building
1
Number of units
4
Flooring type
Tile - Ceramic
Building materials
CBS
Roof type
Composition
Listing Agency:
Illustrated Properties
(305) 779-1926
Listed By:
Nicolette R Goldfarb · License #3277441
(561) 777-9690
Added: Jul 6
Changed: Oct 1
Last Checked: Oct 8 at 1:06PM
MLS# B26049019
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 3,600-square-foot quadplex contains four matching two-bedroom, two-bath apartments. The units are furnished throughout and include living room furnishings, bedroom furnishings, mounted televisions, private patios, and combination washer/dryers. Recent updates include open-plan interiors, stainless steel appliances, and a resurfaced driveway and parking area. Ceramic tile flooring, central heating, central air, CBS construction, and composition roofing complete the physical profile.
The property occupies 0.37 acres at 1262 The 12th Fairway in Wellington, Florida, with views toward the 12th fairway. It sits on a quiet, tree-lined street near Wellington’s equestrian venues, A-rated schools, and shopping. Public water and public sewer serve the property, and zoning is WELL_PUD (city). Built in 1980, the building also offers cable availability and patio improvements.
The property occupies 0.37 acres at 1262 The 12th Fairway in Wellington, Florida, with views toward the 12th fairway. It sits on a quiet, tree-lined street near Wellington’s equestrian venues, A-rated schools, and shopping. Public water and public sewer serve the property, and zoning is WELL_PUD (city). Built in 1980, the building also offers cable availability and patio improvements.
Key Highlights
- Four matching 2BR/2BA units in a 3,600 SF quadplex
- Turnkey furnished apartments with living room and bedroom furnishings
- Private furnished patios and in‑unit combo washer/dryers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,011
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,200,220
$1.2M
Cap Rate 7%
$857,300
$857.3K
Cap Rate 9%
$666,789
$666.8K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$90.7K $25.20/SF
− Vacancy
−$5.0K −$1.39/SF
EGI
$85.7K $23.81/SF
− OpEx
−$25.7K −$7.14/SF
NOI
$60.0K $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 Rate 5%
$1,200,220
Cap Rate 7%
$857,300
Cap Rate 9%
$666,789
Alternative Uses
Best Use
Multifamily LT 5
$857.3K
$750.1K – $1.00M
NOI $60,011 @ 7.0% cap · market cap 2.86%
Second Best
Apartment 5plus
$790.9K
$692.1K – $922.8K
NOI $55,366 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$2.54M
$2.22M – $2.96M
NOI $177,473 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
285
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four matching apartments feature open layouts, stainless steel appliances, ceramic tile, and central heating and cooling.
Where is this quadplex located?
The property is located at 1262 The 12th Fairway Wellington, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Four matching 2BR/2BA units in a 3,600 SF quadplex; Turnkey furnished apartments with living room and bedroom furnishings; Private furnished patios and in‑unit combo washer/dryers
