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1421 NW Riverside Circle, Wellington FL 33414

Multi-family Recently Sold
$770,000

BTC: 9.58904110

ETH: 308.00000000

Sold on: 2023-05-25
14 days
Waterfront
0 room(s)
2,888 sqft

Overview

This is the one! A money-making CBS duplex on BEAUTIFUL Lake Wellington with 140' of water frontage! Both units have a split floor plan with 2 master suites, spacious living areas, and large kitchens with bar. One unit has a screened patio, the other enclosed with glass and AC'd. Both have an additional concrete patio space overlooking the long view of the lake. Rent demand is high in Wellington due to excellent A-rated schools. Property values are secure, especially on the water! Both units are rented to great tenants at 6.4% CAP rate with room to grow. Don't miss out on this amazing opportunity! Showings by special appointment only, Do not disturb the current residents. Roof replaced in 2016 & AC in 2016/2019.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1978
Lot:
0.23 Acres
Heating:
Central
Price/sqft:
$266
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $477K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$7,940
2022
View
Lake, Lake View
Waterfront
Yes
All facts and features
  • Flooring

    • Ceramic Floor

    • Wood

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

  • Property

    • Levels: 1

    • Exterior Features: Fruit Trees

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 73414410010100060

    • Zoning: WELL_P

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $7,940

  • Source details

    • MLS ID: R10884489

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio

    • Other Structures: Extra Building/Shed / Shed(s) / Storage Shed

    • Architectural Style: Twin Home / Half Duplex / Twin Homes

    • Waterfront: Yes

    • Living Area: 2888

    • Water Source: Public

    • Subdivision Name: SOUTH SHORE 1 OF WELLINGTO

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Platinum Living Realty