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    1049 State Rd 7th 7 Wellington, FL 33414-6135
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    Property profile & analytics

    1049 State Rd 7th 7, Wellington, FL 33414-6135

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    • Medical Office Space
    • 5,986 SF
    • 0.18 lot acres
    Off-Market
    Last Sale Mar 9, 2020
    $2,100,000
    Property ID
    US18-2734473
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,090,000
    Show details
    Cap Rate Potential
    2.8%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Medical Office Space

    Property Details for 1049 State Rd 7th 7

    Year built
    2006
    Construction
    CONCRETE
    Lot size
    0.18 lot acres
    Zone code
    MUPD
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    73-41-44-12-17-009-0000
    APU
    73414412170090000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 9, 2020 $2,100,000 1049 State Road 7 LLC Wellington Reserve LLC Special Warranty Deed —
    Jul 7, 2014 — Wellington Reserve LLC — Loan Modification · related $12M · Suntrust Bk
    Apr 4, 2013 $10,500,000 Wellington Reserve LLC Wells Fargo Bk 2007-iq15 Grant Deed —
    May 1, 2012 — Wells Fargo Bank NA 2007-iq15 Ching Ents LLC Coc Trustees Deed · related —
    May 20, 2011 $32,500 Wells Fargo Bank NA 2007-iq15 Ching Ents LLC Coc Trustees Deed · related —
    Sep 4, 2007 — Ching Ents LLC Chings Dev INC Quit Claim Deed · related —
    — — Wellington Reserve LLC — Deed Of Trust · related $8.8M · Bank Leumi USA

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,395,000
      6.5%
      $1,290,000
      7%
      $1,195,000
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,240,000
      Current use
      AUTO REPAIR, GARAGE
      $3,080,000
      Change: -5% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Wellington
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.2052
    Latitude
    26.6621
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $39,750
    $546,600
    $1,497,381
    $2,043,981
    -
    $546,600
    $1,497,381
    $2,043,981
    More about this property
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