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3770 County Line Road

Tequesta, FL 33469
  • $15,995,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: RX-10867936
UPDATED: 66 min ago
$15,995,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 32,302
    SQFT
  • $495
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2017
County:
Area:

School Ratings & Info

Description

RARE opportunity to own a sixteen (16) unit multifamily complex in the heart of Tequesta, FL. Built in 2017, Bella Villaggio consists of sixteen separately deeded townhouses featuring three separate buildings (A, B, and C). Buildings A and B (10 total units) feature 4BR, 3BA units with approximately 2,200 Living SF each. Building C (6 units) features 3 BR, 2.5BA units with approximately 1,700 Living SF each. Every unit has Hurricane Impact windows & doors, natural gas, a roof top deck, two car garage, and a metal roof (50+ year life). The community also features a community pool and is located less than two miles from the ocean and is just north of the Jupiter Inlet. Bella Villaggio currently has nine annual leases in place with seven units being operated as vacation rentals.

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www.onestopre.net/homes/137142698
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3770 County Line Road Tequesta, FL 33469

  • Price: $15,995,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 66 min ago
  • MLS #: RX-10867936
0
Beds
0
Baths
0
½ Baths
N/A
Acres
32,302
SQFT
$495
$/SQFT
2017
Built
Neighborhood:
Bella Villaggio Condo
County:
Palm Beach
Area:
Tequesta
Property Description
RARE opportunity to own a sixteen (16) unit multifamily complex in the heart of Tequesta, FL. Built in 2017, Bella Villaggio consists of sixteen separately deeded townhouses featuring three separate buildings (A, B, and C). Buildings A and B (10 total units) feature 4BR, 3BA units with approximately 2,200 Living SF each. Building C (6 units) features 3 BR, 2.5BA units with approximately 1,700 Living SF each. Every unit has Hurricane Impact windows & doors, natural gas, a roof top deck, two car garage, and a metal roof (50+ year life). The community also features a community pool and is located less than two miles from the ocean and is just north of the Jupiter Inlet. Bella Villaggio currently has nine annual leases in place with seven units being operated as vacation rentals.
Exterior Features

Carport Spaces 0.00 Construction Cbs Exterior Features Auto SprinklerCovered PatioFence Lot Description 1 To < 2 Acres Private Pool Description Inground Private Pool YN Yes Roof Metal Unit1 Parking Garage - Attached Unit2 Parking Garage - Attached View IntracoastalPool Waterfront Description None Waterfront YN No

Interior Features

Cooling CentralElectric Flooring TileVinyl Floor Heating CentralElectric Unit1 Bedrooms 4 Unit1 Desc DishwasherDryerKitchenLaundryMicrowaveRange - ElectricRange - GasRefrigeratorSplit BedroomsVolume CeilingWalk-In ClosetsWasher Unit1 Full Baths 3 Unit1 Furnished No Unit1 Sq Ft 2198 Unit2 Bedrooms 4 Unit2 Desc DishwasherDryerKitchenLaundryMicrowaveRange - ElectricRange - GasRefrigeratorSplit BedroomsVolume CeilingsWalk-In ClosetsWasher Unit2 Full Baths 3 Unit2 Furnished No Unit2 Sq Ft 2210 Unit3 Bedrooms 4 Unit3 Full Baths 3 Unit3 Furnished No Unit3 Sq Ft 2210 Unit4 Bedrooms 4 Unit4 Full Baths 3 Unit4 Furnished No Unit4 Sq Ft 2198

Property Features

Annual Net Operating Income 805262.00 Annual Total Expenses 390387.00 Auction No Available Info Leases Built Desc Resale Development Name Bella Villaggio Gated Community No Gross Operating Income 1195650.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes Lawn CareMaintenance-ExteiorManagement FeesParkingPool ServiceRoof Maintenance Multifamily Type Quad Plex Possession Funding REO No Restrictions Other Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Info Sold As-Is Sq Ft Total 45858.00 Subdivision Amenities PoolStreet Lights Tax Amount 152237.00 Tax Year 2022 Taxes City/County Tenant Pays CableElectricWater Terms Considered CashConventional Unit1 Monthly Income 0.00 Unit2 Monthly Income 0.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 0.00 Utilities Gas NaturalPublic SewerPublic Water Zoning R2

Listing provided courtesy of Sutter & Nugent Llc: [IDXCONTACTINFORMATION]. Listing information © 2023 BeachesMLS
 
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