101
Map
$4,880,000
↓ $570K (10.5%)
●
House -
For Sale
2940 Cessna Way
Wellington, FL 33414
6 Beds
5 Baths
6,474 Ft²
$26,588
Est. Monthly
$300
HOA / Fees
About This Property
Fully renovated in 2025, this privately gated Aero Club estate
offers approximately 6,500 SF of refined living space and over
8,300 SF total, with half the residence newly constructed and the
remainder fully remodeled. Designed for elevated living, the home
features a new metal roof, detached guest house, private pickleball
court, media room, and a wellness suite with sauna, cold plunge,
and gym. The chef's kitchen includes a butler pantry, gas range,
and double laundry system. The primary suite offers a spa bath with
steam room and walk-in closet. Executive office overlooks the
heated pool. Hurricane-ready with a house generator powering the
home and outdoor kitchen. Located near the entrance of the Aero
Club with close proximity to horse farms, the dog park, and the
private airport.
Unit Size
6,474 Ft²
Days on Market
255 days
Land Size
1.03 acres
Price per sqft
$754
Property Type
House
Property Taxes
$2,326
HOA Dues
$300
Year Built
2001
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (Beaches MLS #R11160589)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2026 | Price Decreased |
$4,880,000
↓ $570K
(10.5%) | |
| Price Decreased | |||
| Feb 4, 2026 | Listed by Floridas Property Management | $5,450,000 | |
| Listed by Floridas Property Management | |||
| Jul 12, 2021 | Sold | ||
| Sold | |||
| Apr 19, 2021 | Listed by Floridas Property Management | $885,500 | |
| Listed by Floridas Property Management | |||
| May 1, 1998 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage
Garage Spaces: 3
Open Parking Spaces: 12
Interior Details
Full Bathrooms: 5
Interior Features: Built-in Features, High Ceilings, Kitchen Island, Bar, Walk-In Closet(s), DualSinks, MainLevelPrimary, SplitBedrooms, SeparateShower, TubShower
Appliances: Cooktop, Dryer, Dishwasher, Refrigerator, Trash Compactor, Washer
Door Features: French Doors
Laundry Features: Inside, Laundry Closet, LaundryTub
Rooms: 8
Exterior Details
Square Footage: 6474
Security Features: Gated Community
Property Condition: New Construction
Architectural Style: Colonial
Year Built: 2025
Waterfront Features: None
Building Area Total: 8371
Levels: One
Other Structures: Outbuilding
Window Features: CasementWindows
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Porch, Balcony
Pool Features: Heated, In Ground, Concrete
Pool is Private
Lot Features: OneToTwoAcres
Lot Size Area: 44866.8
Lot Size Units: Square Feet
Lot Size Acres: 1.03
Lot Size Square Feet: 44866.8
Financial Details
Tax Annual Amount: $27,907
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Amenities: Airport/Runway
HOA Fee: $300
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Wellington Aero Club of The Landings at Wellington
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Listed by: Glenn J Gurvitch
Floridas Property Management
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R11160589
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Floridas Property Management
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R11160589
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017