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Sold for $1,075,000
  • $1,075,000

    1580 Montauk Drive, Wellington, FL 33414

    8beds
    8baths
    4,436sqft
    Quadruplex, Multi Family, Multi Family
    Built in 1979
    -- sqft lot
    $1,101,500 Zestimate®
    $242/sqft
    $2,231 Estimated rent

    Home value

    $1,101,500

    $980,000 - $1.23M

    $2,231/mo

    Zestimate® history
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    $2,231/mo

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    $7,290/mo

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    $7,290/mo

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    What's special

    Discover a fantastic investment opportunity or a perfect place to call home with this spacious 2-bedroom, 2-bathroom per unit quadplex in the heart of Wellington. Nestled on a quiet street, this second-floor residence offers a covered balcony accessible from both the master suite and living room, creating a seamless indoor-outdoor living experience. Bright and airy interiors, combined with a functional layout, make this home a comfortable retreat in a highly desirable location. With all units currently occupied, this property presents an excellent income-generating opportunity. Each unit is individually metered for electricity and water, ensuring easy management for owners and convenience for tenants. The two downstairs units also feature private backyards, adding to the appeal of this well-maintained quadplex. Whether you're looking for an investment or a personal residence, this property provides flexibility and value in a sought-after community. Located just minutes from premier shopping, dining, and top-rated schools, this home offers both tranquility and convenience. Wellington is known for its vibrant equestrian scene, beautiful parks, and a welcoming atmosphere, making it an ideal place to live or invest. Don't miss out on this rare findschedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey L Tricoli PA 561-220-6006,

    KW Reserve Palm Beach,

    Hilda Tricoli 561-220-6006,

    KW Reserve Palm Beach

    Bought with:

    Jeremiah Schoen, 3477761

    The Keyes Company

    Jeremiah Schoen, 3477761

    The Keyes Company

    Source: BeachesMLS,MLS#: R11057891MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Features
    • Flooring: Ceramic Tile, Laminate
    • Windows: Blinds
    Interior area
    • Total structure area: 4,952
    • Total interior livable area: 4,436 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Outdoor Living Area
    • Fencing: Fenced
    • Has view: Yes
    • View description: Garden
    • Waterfront features: None
    Lot
    • Size: 0.34 Acres
    • Dimensions: .34
    • Features: 1/4 to 1/2 Acre Lot
    Details
    • Parcel number: 73414410010130020
    • Zoning: RM
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family, Multi Family
    Materials
    • Block, Stucco
    • Roof: Mansard,Tar/Gravel
    Condition
    • Resale
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Multiple Meters, Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: South Shore Of Wellington
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: Wellington

    Financial & listing details

    • Price per square foot: $242/sqft
    • Tax assessed value: $844,382
    • Annual tax amount: $14,752
    • Date on market: 1/31/2025
    • Cumulative days on market: 143 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Tenant pays: Cable TV, Electricity, Water
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/30/2025Sold$1,075,000-14%$242/sqft
    Source: BeachesMLS #R11057891 Report a problem
    5/14/2025Price change$1,250,000-3.8%$282/sqft
    Source: BeachesMLS #RX-11057891 Report a problem
    1/31/2025Listed for sale$1,299,900+221%$293/sqft
    Source: BeachesMLS #RX-11057891 Report a problem
    8/1/2017Listing removed$1,400
    Source: Southfields Real Estate Report a problem
    6/11/2017Listed for rent$1,400+1.8%
    Source: Southfields Real Estate Report a problem
    4/13/2016Listing removed$1,375+1.9%
    Source: Zillow Rental Manager Report a problem
    3/25/2015Listing removed$1,350
    Source: JCS Realty Report a problem
    2/16/2015Listed for rent$1,350+32.4%
    Source: JCS Realty Report a problem
    8/7/2014Sold$405,000-7.7%$91/sqft
    Source: Public Record Report a problem
    6/17/2014Price change$439,000-2.2%$99/sqft
    Source: RE/MAX DIRECT #RX-10040055 Report a problem
    5/10/2014Listed for sale$449,000+32.1%$101/sqft
    Source: RE/MAX Direct #RX-10040055 Report a problem
    9/10/2013Listing removed$1,020
    Source: RE/MAX DIRECT #RX-3343207 Report a problem
    8/19/2013Listed for rent$1,020
    Source: RE/MAX DIRECT #RX-3343207 Report a problem
    11/8/2012Sold$340,000+92.1%$77/sqft
    Source: BeachesMLS #R3265455 Report a problem
    3/27/1998Sold$177,000$40/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,215 +5.1%$794,789 +10%
    2024$16,375 +9.5%$722,535 +10%
    2023$14,958 +7.8%$656,850 +10%
    2022$13,882 +12.4%$597,136 +10%
    2021$12,348 +9.1%$542,851 +10%
    2020$11,320 +10.6%$493,501 +10%
    2019$10,231 $448,637 +6.1%
    2018$10,231 +9.4%$423,038 +8.2%
    2017$9,351 +7%$390,969 +14.7%
    2016$8,742 +3.2%$340,759 +10%
    2015$8,472 +24.1%$309,781 +18.4%
    2014$6,829 -3.9%$261,592 -4.8%
    2013$7,104 +27.9%$274,858 +37.6%
    2012$5,554 +4.9%$199,756 +8.7%
    2011$5,293 -7.2%$183,733 -8.9%
    2010$5,706 -30.8%$201,625 -38.7%
    2009$8,248 -13.6%$328,825 -24.5%
    2008$9,547 -9.5%$435,367 -13.4%
    2007$10,555 -15.8%$502,880 -8.5%
    2006$12,533 $549,440 +26.9%
    2005-- $433,000 +36.6%
    2004$4,061 +437.2%$317,067 +46%
    2003$756 -81.7%$217,140 +26.5%
    2002$4,137 -3.8%$171,640 -2.8%
    2001$4,299 +3.6%$176,517 +2.6%
    2000$4,151 +27.4%$172,017 +14.9%
    1999$3,259 $149,737
    Find assessor info on the county website

    Neighborhood: Westhampton

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,101,500
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    Estimated market value
    $1,101,500