1020 S STATE ROAD 7, WELLINGTON, FL 33414
Parcel: 73424406160010000 · 016 · Zoning: 016
Assessed Value (2026)
$40,264,060
Property Details
Year Built
2008
Lot Sqft
837,223
Sales History
1
$73,750,000
2018-11-20
Tax Assessment History
$40,264,060
Assessed (2026)
$40,264,060
Market Value
$40,264,060
Taxable Value
$819,744
Annual Tax
2025
$40,264,057
2026
$40,264,060
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $40,264,060 | $40,264,060 | $40,264,060 | $819,744 | $21,349,190 | $18,914,870 |
| 2025 | $40,264,057 | $40,264,057 | $40,264,057 | $819,744 | $21,349,187 | $18,914,870 |
About 1020 S STATE ROAD 7, WELLINGTON, FL 33414
1020 S STATE ROAD 7, WELLINGTON, FL 33414 is a property built in 2008 on a 837,223 square foot lot. The property is currently owned by MCP WELLINGTON LLC, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2018-11-20 for $73,750,000. The 2026 assessed value is $40,264,060 with a market value of $40,264,060. This breaks down to $21,349,190 for the land and $18,914,870 for the building.
The assessed value increased 0% from $40,264,057 in 2025. The median household income in this area is $151,811, and the median home value is $593,500. The population density is 2,350 people per square mile.
1020 S STATE ROAD 7, WELLINGTON, FL 33414 is located in WELLINGTON, Florida. Property records, tax assessments, sales history, and ownership information for this WELLINGTON property are sourced from palm_beach County public records. The current assessed value represents 55% of the most recent sale price.
This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..
Current Owner
MCP WELLINGTON LLC
3500 LENOX RD NE STE 1800, ATLANTA, Georgia, 30326
Since: 2026-04-03
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Est. Annual Insurance
$217,825 — $363,176
Flood $400 — $800
Property/Wind $217,425 — $362,376
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$151,811
Median Home Value$593,500
Pop. Density2,350/sq mi
Neighborhood 33414
74.9%
Owner-Occ
25.1%
Investor
3,862
Flips (4yr)
4,259
New Biz (3yr)
Distress Risk
MODERATE
26
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