1577 Hawthorne Place, Unit A

Wellington, FL 33414

$1,875,000
Price
Beds
5,628 Sq. Ft.
$333 / Sq. Ft.
5,628
Sq. Ft.
$333
per Sq. Ft.

Description

Do not visit property alone do not speak with tenants. Outstanding opportunity to purchase a 4-unit apartment building in Wellington, 4 units feature 4-bedroom 2 bath with fenced in patio areas for each unit. Seller is also selling the 4plex on the next parcel located at 1567 Hawthorne. Seller will only sell all 8 units together for the asking price of 3.75 million. All 8 units have access to a private gated pool. Roof is 2023/all AC's have been done between 1-4 years old. Property is right across...Do not visit property alone do not speak with tenants. Outstanding opportunity to purchase a 4-unit apartment building in Wellington, 4 units feature 4-bedroom 2 bath with fenced in patio areas for each unit. Seller is also selling the 4plex on the next parcel located at 1567 Hawthorne. Seller will only sell all 8 units together for the asking price of 3.75 million. All 8 units have access to a private gated pool. Roof is 2023/all AC's have been done between 1-4 years old. Property is right across the street from the new park, walking distance to shopping, restaurants etc. A+ schools make this property more desirable for renters! Great return on your investment! Rents are below market value! come in and raise the rents as needed! A must see!
  1. Listed by Sarah Faye Thomsen • Realty Connection Link LLC

Property Details for 1577 Hawthorne Place, Unit A

Subdivision
SUGAR POND MANOR OF WELLINGTON
Waterfront
No
Waterfront Details
None
Style
Pool Only

Location

Listing Courtesy of Realty Connection Link LLC
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LISTING UPDATED: 04/08/2024 05:34 PM

Property Details for 1577 Hawthorne Place, Unit A

StatusActive
MLS #RX-10926835
Days on Market198
Taxes$17,234 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1999
Lot Size0.34 AC / 15,000 SF
CountyPalm Beach County

Location

Listing Courtesy of Realty Connection Link LLC
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Building Information for 1577 Hawthorne Place, Unit A

Stories1Residences4Year Built1999Building Size-Lot Size0.34 AC / 15,000 SF

Payment Calculator

$11,669 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,233

Property Taxes

$1,436

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1577 Hawthorne Place, Unit A

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: West on Wellington Trace to Greenview Shores. Left on Greenview Shores, your first right, follow hawthorne place to properties on the right
  • Geo Area: Palm Beach 5520; 5530; 5570; 5580
  • Street Number: 1577
  • Subdivision Complex Bldg: SUGAR POND MANOR OF WELLINGTON
  • Municipal Code: Wellington
  • State: FL
  • City Postal ID: 33414
  • MLS Area: 5520
  • MLS Sub Area: PB24
Parking
  • Carport Spaces: 0
Taxes and HOA Information
  • Comm/Trans Brk: 3%
  • HOPA: No Hopa
  • Tax Year: 2022
  • Application Fee: $.00
  • Maintenance Fee Incl: None
  • HOA Dues: $0
Property
Lot Information
  • Area: 5520
  • HOA Amenities: None
  • Lot Description: 1/4 to 1/2 Acre, Paved Road
  • Lot Dimensions: 100.0 ft x 0.0 ft
  • Parcel ID: 73414404010680180
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 5,628
  • Square Ft Source: Tax Rolls
  • Zoning: WELL_P
Property and Assessments
  • Legal Desc: SUGAR POND MANOR OF WELLINGTONLT 18 BLK 68
  • Sq Ft Liv Area: 5628.0
  • Legal Description: SUGAR POND MANOR OF WELLINGTONLT 18 BLK 68
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Concrete Block Construction, Concrete Block With Brick, Cbs Construction
  • Exterior Features: Auto Sprinkler, Fence, Open Patio, Shutters
  • Private Pool: Yes
  • Storm Protection: Panel Shutters: Complete
  • Subdiv Amenities: Basketball, Bike - Jog, Park, Playground
  • Gated Community YN: No
  • Structure Type: Quadruplex
Interior Features
  • Roof: Comp Shingle
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Cooling: Central Individual
  • Flooring: Ceramic Tile
  • Heating: Central Individual
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $111,342.00
  • Income & Expenses: Annual Total Expense: $69,658.00
  • Income & Expenses: Gross Operating Inc: $170,000.00
  • Tenant Pays: Cable, Electric, Sewer, Water
Unit 1
  • Unit 1 Desc: A/C Unit, Cathed/Vault Ceiling, Dishwasher, Disposal, Electric Meter, Kitchen, Pantry, Patio, Range - Electric, Refrigerator, Smoke Detector, Split Bedrooms, W/D Hookup
  • Unit 1 Info: Bedrooms: 4
  • Unit 1 Info: Full Bath: 2
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Lease Ends: 11-01-2025
  • Unit 1 Info: Monthly Income: 2,100
  • Unit 1 Info: SqFt: 1397.0
  • Unit 1 Parking: Open Parking, Space Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Cathed/Vault Ceiling, Dishwasher, Disposal, Electric Meter, Kitchen, Pantry, Patio, Refrigerator, Smoke Detector, Split Bedrooms, W/D Hookup
  • Unit 2 Info: Bedrooms: 4
  • Unit 2 Info: Full Bath: 2
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Lease Ends: 06-01-2025
  • Unit 2 Info: Monthly Income: $2,000
  • Unit 2 Info: SqFt: 1397.0
  • Unit 2 Parking: Open Parking, Space Parking
Unit 3
  • Unit 3 Desc: A/C Unit, Cathed/Vault Ceiling, Disposal, Electric Meter, Kitchen, Pantry, Patio, Range - Electric, Refrigerator, Smoke Detector, Split Bedrooms, W/D Hookup
  • Unit 3 Info: Bedrooms: 4
  • Unit 3 Info: Lease Ends: 06-01-2025
  • Unit 3 Info: Monthly Income: $2,100.00
  • Unit 3 Info: SqFt: 1397.0
  • Unit 3 Parking: Open Parking, Space Parking
Unit 4
  • Unit 4 Desc: A/C Unit, Cathed/Vault Ceiling, Dishwasher, Disposal, Electric Meter, Kitchen, Pantry, Patio, Range - Electric, Smoke Detector, W/D Hookup
  • Unit 4 Info: Bedrooms: 4
  • Unit 4 Info: Full Bath: 2
  • Unit 4 Info: Lease Ends: 07-10-2025
  • Unit 4 Info: Monthly Income: $2,000.00
  • Unit 4 Info: SqFt: 1397.0
  • Unit 4 Parking: Open Parking, Space Parking
Rental
Rental Information
  • Pets on Premises: Yes
  • Other Fees: $0

Property History for 1577 Hawthorne Place, Unit A

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1577 Hawthorne Place, Unit A

Taxable ValueLand$235,409Additions$818,533Total$1,053,942
Tax Record2023$18,882 ($1,573 / month)
Home Facts
Baths8Total Finished SqFt5,628 SqFtAbove Grade Finished SqFt5,628 SqFtStories1Lot Size15,002 SqFtStyleQuadraplexYear Built1999ZoningPUDCountyPALM BEACHAPN73-41-44-04-01-068-0180

Schools near 1577 Hawthorne Place, Unit A

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 7
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
New Horizons Elementary School
PublicPK to 7

Wellington Landings Middle School
Public6 to 8

Wellington High School
Public9 to 12

Somerset Academy of the Arts
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1577 Hawthorne Place, Unit A is a multi-family home for sale in Wellington, FL 33414. This property was listed for sale on October 11, 2023 by Realty Connection Link LLC, it's currently listed at $1,875,000. It has been on the market for a total of 198 days and was last sold on September 29, 2017. This listing's school district is Palm Beach. Nearby schools include New Horizons Elementary School, Wellington Landings Middle School and Wellington High School. 1577 Hawthorne Place, Unit A is a 0-bed, 0-bath, 5,628 sqft multi-family home built in 1999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Connection Link LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.