This 8-unit multi-family asset represents a high-performing investment in one of South Florida’s most resilient submarkets. Situated within an A-rated school district and minutes from the Wellington International equestrian venues, this property capitalizes on a unique supply-demand imbalance where multi-family inventory is extremely limited.

Originally acquired as a strategic value-play, the asset has benefitted from Wellington’s consistent appreciation and the stability of its professional tenant base.

Performance Metrics (Estimated April 2026):

• Current Market Value: $1,230,000 – $1,250,000
• Monthly Gross Income: $18,400 – $20,800 ($2,300 – $2,600/avg per unit)
• Estimated Annual NOI: $145,000 – $160,000
• Estimated ROI: 11% – 13% annually
• Estimated Cap Rate:5% – 6.2%

Strategic Management & Value Add: Through the Coastal Legacy Property Management model, we have maximized this asset’s performance by:

• Market-Leading Rents: Leveraging the “equestrian season” demand and proximity to the Wellington Regional Medical Center to secure premium lease rates.
• Asset Preservation: Executing a proactive maintenance schedule for the 4,608 sq. ft. structure to ensure long-term structural integrity and high tenant satisfaction.
• Risk Mitigation: Utilizing an 8-unit spread to diversify income sources, resulting in a historically low vacancy rate that outperforms the local market average.

This property serves as a prime example of how Coastal Legacy identifies and manages assets that deliver both immediate, inflation-protected cash flow and significant long-term equity growth for our partners.