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3770 County Line Road, Tequesta, FL 33469

$9,600,000
Property Type: Comm/Industry Square Footage: 32,302 Status: Closed
Current Price: $9,600,000 Last Modified: 6/22/2023

Description

RARE opportunity to own a fully leased 16 unit multifamily property in the heart of Tequesta. Bella Villaggio was built in 2017 and consists of 16 individual townhouses with separate parcel ID numbers. This property includes three separate buildings (A, B, and C). Buildings A and B (10 total units) feature 3 bedroom, 3 bathroom units, and two car garages. Building C (6 units) features 3 bedroom, 2.1 bathroom units with two car garages. All units have complete impact windows/doors, natural gas, and a roof top deck. All three buildings have metal roofs and the property also has its own private pool. Bella Villaggio is located just 1.5 miles north of the Jupiter Inlet and is just 2 short miles from the beach.

More Information MLS# RX-10677276

Contract Information

Auction: No List Price/Bldg SqFt: 371.33 Status: Closed Original List Price: 11995000 Sold Price: $9,600,000 Current Price: $9,600,000 Listing Date: 2020-12-10

General Property Description

For Sale: Yes For Lease: No Property Desc: Mutlifamily 16 Unit Acres: 0 Built Desc: Resale Waterfront: No SqFt Source: Developer # of Stories: 3 Total Units: 16 % Air Conditioned: 100 Type: MultiFamily (5+ Units) Subdivision: BELLA VILLAGGIO Year Built: 2017 SqFt - Living: 32302

Location, Tax & Legal

Geo Area: PB32 State/Province: FL Tax Year: 2020 Zoning: R-2 Real Estate Taxes: 124011 Area: 5060 County: Palm Beach Parcel ID: 60434030600010000 Street #: 3770 Street Name: County Line Street Suffix: Road Zip Code: 33469 Legal Desc: BELLA VILLAGGIO CONDO Geo Lat: 26.969997 Geo Lon: -80.089271

Remarks & Misc

Directions: 3770 County Line Road. Head North on US1 and turn left onto County Line Rd. Property will be on your left hand side. Bella Villaggio

Office/Member Info

DXORIGMLNO: RX-10677276 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash Sold Price/Bldg SqFt: 297.19 Under Contract Date: 2021-08-09 Sold Date: 2021-10-01 Sold Price: $9,600,000

Type of Building

Free Standing: 1 Income: 1 Resident. Multi-Fam.: 1

Sale Includes

Building and Land: 1 Equipment: 1 Fixtures: 1

Avail Info

Books & Records: 1 Existing Survey: 1 Full Financials: 1

Construction

CBS: 1

Avail Docs

Survey: 1

Cooling

Central: 1 Electric: 1

Heating

Central: 1 Electric: 1

Tenant Pays

Cable: 1 Electric: 1 Water: 1

Use

Income: 1 Other: 1

Flooring

Tile: 1

Utilities

Gas Natural: 1 Public Sewer: 1 Public Water: 1 Well Water: 1

Fire Protect

Smoke Detector: 1

Roof

Metal: 1

Terms Considered

Cash: 1 Conventional: 1

Possession

Funding: 1

Lease

Annual: 1

Contingencies

Inspection: 1

Property Features

Use: Income; Other Type of Building: Free Standing; Income; Resident. Multi-Fam. Construction: CBS Sale Includes: Building and Land; Equipment; Fixtures Avail Docs: Survey Avail Info: Books & Records; Existing Survey; Full Financials Flooring: Tile Cooling: Central; Electric Heating: Central; Electric Fire Protect: Smoke Detector Tenant Pays: Cable; Electric; Water Utilities: Gas Natural; Public Sewer; Public Water; Well Water Roof: Metal Terms Considered: Cash; Conventional Lease: Annual Possession: Funding Contingencies: Inspection
Listing Office: Sutter & Nugent LLC
Last Updated: June - 22 - 2023
3770 County Line Road, Tequesta, FL 33469- MLS# RX-10677276
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