13908 Folkestone Circle, Wellington, FL 33414
Status: Active
1996
YEAR BUILT
$14,000,000
LISTING PRICE
MultiFamily (5+ Units)
TYPE
MLS#: RX-11086920
Type of Building: Resident. Multi-Fam.
For More Information Call:
561-283-4663
Six fully occupied and renovated fourplex properties - a total of 24 4-bedroom, 2-bathroom units offering strong rental income and long-term appreciation. Each unit has been renovated offering new kitchen appliances, including full size washers and dryers, high end cabinetry, granite countertops, tile backsplashes and updated plank flooring throughout all living spaces. Updated bathrooms offer frameless glass showers and new vanities. Each unit includes an enclosed patio with extra storage. All units have been freshly repainted. 2 assigned parking spaces per unit plus guest parking. Property is managed by a full-service property management company. No HOA restrictions. Prime location 3 miles to Palm Beach Polo, 4 miles to The Wellington Green Mall, top rated schools, parks and more.

This listing is courtesy of Brown Harris Stevens of PB. Real Estate and Luxury homes in Boca Raton, Delray Beach, Deerfield Beach, Juno Beach, 0 Lake Worth, Palm Beach Gardens, West Palm Beach and surrounding areas in Palm Beach County and South Florida. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

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- Acres0.34 acres
- Available DocumentsNone
- Available InformationFull Financials
- Building Info: Number of Tenants24
- Built DescriptionResale
- CityWellington
- ConstructionCBS and Stucco
- CoolingCentral
- CountyPalm Beach
- DirectionsForest Hill Blvd west, left on South Shore Blvd., right on Greenview Shores Blvd., left on Greenbrier Blvd., right on Yarmouth Dr., left on Folkestone Cir.
- Fire ProtectionSmoke Detector
- FlooringTile
- For LeaseNo
- For SaleYes
- HeatingCentral
- LeaseAnnual and Subject to Lease
- Legal DescriptionGREENVIEW SHORES NO 2 OF WELLINGTON LT 2 BLK 76
- List Price$14,000,000
- List Price/SqFt$2,082.09 / sqft
- Listing DateFriday, May 2nd, 2025
- Listing IDRX-11086920
- Listing Price$14,000,000
- Listing StatusActive
- LocationCity and Subdivision
- Maintenance Fee IncludedAir/Heat Maintenance, Insurance-Bldg, Lawn Care, Maintenance-Exterior and Real Estate Tax
- Monetary Info: Gross Operating Income$950,767
- Monetary Info: Net Operating Income$661,665
- Monetary Info: Source of ExpensesOwner
- Monetary Info: Total Expenses$289,102
- Number of Meters4
- Number of Stories1
- Number of Toilets2
- Percent Air Conditioned100%
- PossessionAt Closing
- Property DescriptionMulit Unit
- Property TypeCommercial
- Real Estate Taxes$21,088.40
- RoofComp Shingle
- Sale IncludesBuilding and Land
- SecurityNone
- Special InformationCorporate Owned
- SqFt SourceTax Rolls
- State/ProvinceFL
- StatusActive
- Status Change DateFriday, May 2nd, 2025
- Street NameFolkestone
- SubdivisionGreenview Shores 2 Of Wellington
- Tax Year2024
- Tenant PaysCable, Electric, Sewer and Water
- Terms ConsideredCash and Conventional
- Total Building SqFt6,724 sqft
- Total Units in Building4
- TypeMultiFamily (5+ Units)
- Type of BuildingResident. Multi-Fam.
- Unit 1: Annual Rent$40,800
- Unit 1: Full Baths2
- Unit 1: Number of Units1
- Unit 1: Rent PeriodMonth
- Unit 1: Unit Description4 Bedroom
- Unit 2: Full Baths2
- Unit 2: Number of Units1
- Unit 2: Rent PeriodMonth
- Unit 2: Unit Description4 Bedroom
- Unit 3: Full Baths2
- Unit 3: Number of Units1
- Unit 3: Rent PeriodMonth
- Unit 3: Unit Description4 Bedroom
- Unit 4: Full Baths2
- Unit 4: Number of Units1
- Unit 4: Rent PeriodMonth
- Unit 4: Unit Description4 Bedroom
- UtilitiesCable, Electric, Public Sewer and Public Water
- Virtual TourYes
- WaterfrontNo
- Waterfront DetailsNone
- Year Built1996
- Zip Code33414
- ZoningWELL_P