tomo logo

$27,750,000

Beds
4
Baths
3.5
sq ft
6,797

13951 50th St S, Wellington, FL 33414

13951 50th St S

Wellington, FL 33414

  • 576 days on market
Rare opportunity to purchase a new construction equestrian facility on one of the largest lots in Wellington! This listing is for two lots with a total of 18.52 Acres. 10 Acres will be built out with full equestrian amenities, while the additional adjacent 8.52 acres will be ready for your design! Boasting a phenomenal location hacking distance to the showgrounds on bridle paths and is less than 1 mile directly south of Gracida Street. In the center of a mecca of professional equestrian compounds, this property sits on a paved road with city water. The stunning, top-of-the-line facility has been designed and outfitted by the renowned luxury designers at Soco Interiors.

Details

Property type

Single Family Residence

Property condition

New Construction

Lot size

18.55 acres

Price per sq ft

$4,083

Year built

2023

Annual property taxes

$42,898

Price History

05/01/2023
Beaches

Beaches #R10885895

Listed
$27,750,000
+98.21%
02/24/2023
Beaches

Beaches #R10832627

Sold
$14,000,000
+133.33%
12/29/2017
Beaches

Beaches #F10011870

Sold
$6,000,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of New England Na

Loan start date

August 2023

Original loan amount

$11,900,000

Est. remaining balance

Not provided

Interest rate

6.96%

Loan type

Building or Construction Loan

Seller

Rd Wellingron Stables

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/26/2024 at 9:20 PM

Listing updated: 10/31/2024 at 5:05 PM

Listed by: Carol Sollak, Engel & Volkers Wellington Phone #: (561) 791-2220

MLS: Beaches #R10885895

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