1187 Hyacinth Pl – Wellington, FL

Case Study Coastal Legacy Property Management

1187 Hyacinth Pl – Wellington, FL

This quadplex multi-family property in Wellington represents a high-performing asset in a strong family-oriented rental market. The property consists of 4 large units (12 beds / 8 baths total) across approximately 4,140 sq ft, designed to attract long-term tenants seeking space and quality living.

Acquired for approximately $820,000 in 2021, the property is now estimated to be valued around $1.05M – $1.1M+, reflecting solid appreciation in one of Palm Beach County’s most stable rental markets.

Based on current market performance and comparable rents, the property is positioned to generate strong income across all units, delivering:

  • Estimated ROI: 9% – 11% annually
  • Estimated Cap Rate:5% – 7.5%
  • Appreciation Since Purchase: ~30%+ increase in value

With 100% occupancy and large unit layouts, the property benefits from strong tenant retention and consistent demand, particularly due to Wellington’s A-rated schools and family-driven market.

Through strategic management—including tenant placement, rent optimization, and proactive maintenance—the asset is positioned for both stable cash flow and long-term appreciation.

This case highlights how a well-structured multi-family property in Wellington can deliver reliable income, low vacancy exposure, and steady equity growth when managed with discipline.

Our Methodology

How We Unlocked The Property's Potential

Targeted Cosmetic Refresh

We don't do full demolitions unless needed. We focus on "High-Perception" areas—kitchen, master bath, and lighting—where $1 spent equals $5 in rental value.

Dynamic Pricing Engine

Using real-time South Florida market data, we positioned the listing at the absolute peak of the market curve while maintaining 0% vacancy risk.

Institutional-Grade Vetting

We secured a 24-month lease with a corporate executive, ensuring stable, long-term cash flow for the property owner.

Verified Owner Testimony

I was impressed by how quickly the Coastal Legacy team transformed my property. Their recommendations were simple but incredibly effective. Within weeks, the townhome looked modern and appealing, and we secured a great tenant at a much higher rent than before.
Michael D.

Ready for a similar transformation?

Whether you have one condo or a portfolio of properties, our asset-first approach ensures you’re never leaving money on the table.