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14371 Wellington Trace, Wel...

Updated Sep 9, 2024

Michelle & Anthony Durpetti Acquire Mixed-Use Property In Wellington, FL For $2.38M
SOLDMixed-use

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

Marcello Fabbri

Concierge Properties

Broker

$13.3M

vol

6 deals

Broker
Sotheby's International Realty
Sotheby's International RealtyBrokerage

Wellington Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $442 per square foot on a published $2.4M for 5,380 square feet (2022).

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

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