1031 Goldenrod Road, Wellington, FL 33414 (MLS# B26040214)

1031 Goldenrod Road, Wellington, FL 33414

$2,050,000

Virtual Tour

https://www.propertypanorama.com/1031-Goldenrod-Road-Wellington-FL-33414/unbranded

Property Type: Residential Income Square Footage: 6,596 Status: Active

Current Price: $2,050,000 List Date: 6/12/2026 Last Modified: 6/12/2026

Overview

Description

Exceptional investment opportunity in the heart of Wellington. Each unit features 4 Bedrooms, 2 1/2 baths town homes. Fully renovated fourplex in a highly sought-after Wellington location. All four units have been extensively updated with modern finishes and major capital improvements, including Impact windows, HVAC systems, water heaters, kitchens, cabinetry, flooring, bathrooms, and interior finishes throughout. This turnkey income-producing property offers strong rental appeal and minimal maintenance concerns. Conveniently located near shopping, dining, parks, major roadways, and Wellington's renowned equestrian venues. An exceptional investment opportunity in one of Palm Beach County's most desirable rental markets. All A+ schools. Sit back and collect your rents.

Supplements: The majority of the renovations were completed between 2024 and 2026.

Listing Details MLS# B26040214

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 6596
Building Area Source: Public Records
Living Area Main: 6332
Living Area Source: Public Records
Adjusted Area Main: 5994
Accessibility Features YN: No
Year Built: 1989
Parking Total: 2
Gated Community YN: No
Lot Size Area: 15670
Lot Size Acres: 0.36
Lot Size Dimensions: 198.0 ft x 0.0 ft
Senior Community YN: No
Land Lease YN: No
Recreation Lease YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Pool Private YN: No
LP/Assessed Value: 2.05

Property Features

Documents Available: Copy Of Lease(s); Rent Rolls Electric: Three Phase Exterior Features: None Fencing: None Flooring: Ceramic Tile; Tile; Vinyl Leasing Permitted Details: Okay To Lease; Short Term Rentals Allowed Property Condition: Resale Special Listing Conditions: Standard Structure Type: Quadruplex; Townhouse Tenant Pays: Cable TV; Electricity; Sewer; Water Source Of Expenses: Owner Provided Construction Materials: CBS; Concrete; Stucco Cooling: Ceiling Fan(s); Central Air; Central Individual; Exhaust Fan Heating: Central Individual; Electric Laundry Features: Laundry Room; Main Level Levels: Two Listing Terms: Cash; Conventional; FHA Lot Features: Corner Lot; Room for Pool; Sidewalks Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Lease Restrictions; No Smoking; Parking - No Boat; Parking - No Commercial Vehicles; Parking - No RV; Parking - No Trailer Road Frontage Type: City Street Road Responsibility: Public Maintained Road Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Tax Information: County Only Utilities: Cable Connected; Electricity Available; Sewer Connected; Water Connected; Underground Utilities View: Water Water Source: Public Water View: Canal Waterfront Features: Canal Front Canal Width: Canal Width 1-80 Feet Window Features: Blinds Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Schedule Online Outdoor Living Spaces: Patio Patio Details: Patio - Open Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings Unit 1 Parking Features: Open Parking; Parking Space Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Washer Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Open Parking; Parking Space Unit 2 Rooms: Kitchen; Laundry Room; Separate Dining Unit 3 Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings Unit 3 Parking Features: Open Parking; Parking Space Unit 4 Appliances: Dishwasher; Disposal; Dryer; Refrigerator; Washer Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings Unit 4 Parking Features: Open Parking; Parking Space Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 2050000
Negotiable Seller Concessions YN: Yes
Listing Service: Full Service

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1031
Street Name: Goldenrod
Street Suffix: Road
City Name: Wellington
Municipality Type: Incorporated
Municipal Code: 73
State Or Province: FL
Postal Code: 33414
Postal Code +4: 8532
Postal Zip: 33414
Subdivision Name: SUGAR POND MANOR OF WELLINGTON
Development Name: sugar pond
Area: 5520
Geographic Area: PB24
Elementary School: Wellington
Middle Or Junior School: Wellington Landings
High School: Wellington
Special Assessment YN: No
Parcel Number: 73414404010500160
Subdivision Number: Yes
Zoning: WELL_PUD (city)
Flood Zone: AE,X
Directions: From Greenview Shores, turn east onto Goldenrod Road.
Multiple Offers Accepted: Yes

Financial Information

Application Required YN: No
Master Association YN: No
Tax Annual Amount: 20732.14
Tax Year: 2025
Tax Assessed/SOH Value: 999249
Tax Legal Description: SUGAR POND MANOR OF WELLINGTONLT 16 BLK 50
Assessor Market Value: 999249
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-06-12T14:25:13Z
Major Change Type: New Listing
Status Change Date: 2026-06-12

More Information

Co-Ownership

Property Management YN: No

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes
Short Term Rentals Allowed: Yes

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 4
Separate Gas Meters YN: No
Separate Water Meters YN: Yes
Number Of Separate Water Meters: 4

Income and Expenses

Annual Total Expense: 27400
Gross Income: 157200
Net Operating Income: 129800

Ceiling Fan Details

Number Of Ceiling Fans: 3

Leasing Restrictions

Leasing - Max Times Per Year: 4
Leasing - Minimum Number of Days: 30

Storm Protection

Impact Glass: Complete

Unit 1 Details

Actual Rent: 3400
Baths Full: 2
Baths Half: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 1649

Unit 1 Lease Description

Currently Leased YN: No
Occupant Type: Tenant

Unit 1 Parking Details

Carport YN: No
Garage YN: No

Unit 2 Details

Actual Rent: 3400
Baths Full: 2
Baths Half: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 1649

Unit 2 Lease Description

Currently Leased YN: No
Occupant Type: Vacant

Unit 2 Parking Details

Carport YN: No
Garage YN: No

Unit 3 Details

Actual Rent: 3400
Baths Full: 2
Baths Half: Yes
Furnished: Unfurnished
SqFt: 1649

Unit 4 Details

Actual Rent: 2900
Baths Full: 2
Baths Half: Yes
Furnished: Unfurnished
SqFt: 1649

Unit 4 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2026-07-31
Occupant Type: Tenant

Unit 4 Parking Details

Garage YN: No

Price Calculations

Current Price To SqFt: 323.75

Originating Details

Originating System Key: 20260602151957408668000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Electric

Three Phase: Yes

Exterior Features

None: Yes

Flooring

Ceramic Tile: Yes
Tile: Yes
Vinyl: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Copy Of Lease(s): Yes
Rent Rolls: Yes

Fencing

None: Yes

Structure Type

Quadruplex: Yes
Townhouse: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Sewer: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Connected: Yes
Electricity Available: Yes
Sewer Connected: Yes
Water Connected: Yes
Underground Utilities: Yes

View

Water: Yes

Heating

Central Individual: Yes
Electric: Yes

Sprinkler Description

Auto Sprinkler: Yes

Water View

Canal: Yes

Window Features

Blinds: Yes

Construction Materials

CBS: Yes
Concrete: Yes
Stucco: Yes

Laundry Features

Laundry Room: Yes
Main Level: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes

Lot Features

Corner Lot: Yes
Room for Pool: Yes
Sidewalks: Yes

Road Frontage Type

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Road Surface Type

Asphalt: Yes

Roof

Shingle: Yes

Water Source

Public: Yes

Waterfront Features

Canal Front: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Central Individual: Yes
Electric: Yes
Exhaust Fan: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes
Schedule Online: Yes

Pets Allowed YN

No: Yes

Restrictions

Lease Restrictions: Yes
No Smoking: Yes
Parking - No Boat: Yes
Parking - No Commercial Vehicles: Yes
Parking - No RV: Yes
Parking - No Trailer: Yes

Tax Information

County Only: Yes

Canal Width

Canal Width 1-80 Feet: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Open: Yes

Unit 1 Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes
Window Coverings: Yes

Unit 1 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 1 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 2 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Washer: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 2 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 2 Rooms

Kitchen: Yes
Laundry Room: Yes
Separate Dining: Yes

Unit 3 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes
Window Coverings: Yes

Unit 3 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 4 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Refrigerator: Yes
Washer: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes
Window Coverings: Yes

Unit 4 Parking Features

Open Parking: Yes
Parking Space: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Listing Office: Regency Realty Services

Last Updated: June - 12 - 2026

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