Michelle & Anthony Durpetti Acquire Mixed-Use Property In Wellington, FL For $2.38M
14371 Wellington Trace, Wellington, Florida 33414, United States
$2,381,000
$442/SF
Building Size
5,380 SF
Asset Type
Mixed-use
Closing
Sep 22, 2022
About this deal
AI
Located in Wellington, FL, the mixed-use property at 14371 Wellington Trace has recently changed hands in a closed transaction. The sale, which occurred on 09/23/2022, involved a property spanning 5,380 square feet. The property was sold for a price of $2,381,000, resulting in an approximate price per square foot of $443. The buyers of this property are Michelle & Anthony Durpetti, while the sellers are Sean & Dana Callanan. Representing the buyers and sellers in this deal is the broker Marcello Fabbri from The Fabbri Group - Equestrian Sotheby's International Realty Inc.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $2,381,000
- Address: 14371 Wellington Trace
- Market: Wellington, FL
- Buyer: Michelle & Anthony Durpetti
- Seller: Sean & Dana Callanan
- Broker: Marcello Fabbri - The Fabbri Group - Equestrian Sotheby's International Realty Inc.
Marcello Fabbri from The Fabbri Group facilitated this transaction, bringing together the buyer and seller for a successful deal. For any inquiries regarding this sale, Marcello Fabbri can be reached at [email protected] or 561-788-0403.
Players
Wellington Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Marcello Fabbri to view all their deals.
Browse Florida mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.66%
Cash-on-Cash
-1.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93