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3770 County Line Road, Tequesta, FL 33469

$9,600,000
Property Type: Residential Income 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-10677275

Contract Information

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

General Property Description

Total # of Units: 16 Property Condition: Resale Number of Stories: 3 SqFt - Total: 45858 Waterfront: No SqFt Source: Developer Gated Community: No Development Name: BELLA VILLAGGIO Homeowners Assoc: None Pets on Premises: No HOA/POA/COA (Monthly): 0 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 Private Pool: Yes Separate Elec Meters: Yes Separate Wtr Meters: Yes Type: Quad Plex Year Built: 2017 SqFt - Living: 32302 Subdivision: BELLA VILLAGGIO

Location, Tax & Legal

Geo Area: PB32 State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2020 Zoning: R-2 Short Sale A/U: N/A Short Sale Addendum: No Taxes: 124011 REO: No 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: 26.969987 Geo Lon: -80.089258

Office/Member Info

DXORIGMLNO: RX-10677275 DXORIGMLSID: RML

Status Change Info

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

Unit 1 Info

Furnished: No Monthly Income: 0

Unit 2 Info

Furnished: No Monthly Income: 0

Unit 3 Info

Monthly Income: 0

Unit 4 Info

Monthly Income: 0

Income & Expenses

Gross Operating Inc: 0

Source of Expenses

Accountant: 1 Books: 1

Avail Info

Accounting: 1

Construction

CBS: 1

Waterfront Details

None: 1

Lot Description

West of US-1: 1 Paved Road: 1 Private Road: 1

Special Info

Sold As-Is: 1

Cooling

Central: 1 Electric: 1

Unit 1 Desc

Electric Meter: 1

Heating

Central: 1 Electric: 1

Tenant Pays

Cable: 1 Electric: 1 Water: 1

Exterior Features

Auto Sprinkler: 1 Deck: 1 Open Patio: 1 Well Sprinkler: 1

Unit 1 Parking

Garage - Attached: 1

Unit 2 Desc

Electric Meter: 1

Flooring

Tile: 1

Unit 2 Parking

Garage - Attached: 1

Utilities

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

Restrict

Other: 1

Roof

Metal: 1

Subdiv. Amenities

Pool: 1 Street Lights: 1

Terms Considered

Cash: 1 Conventional: 1

Possession

Funding: 1

Storm Protection

Impact Glass: Complete

Taxes

City/County: 1

Contingencies

Inspection: 1

Property Features

Source of Expenses: Accountant; Books Construction: CBS Waterfront Details: None Unit 1 Desc: Electric Meter Unit 1 Parking: Garage - Attached Unit 2 Desc: Electric Meter Unit 2 Parking: Garage - Attached Lot Description: West of US-1; Paved Road; Private Road Exterior Features: Auto Sprinkler; Deck; Open Patio; Well Sprinkler Tenant Pays: Cable; Electric; Water Restrict: Other Flooring: Tile Cooling: Central; Electric Heating: Central; Electric Roof: Metal Terms Considered: Cash; Conventional Utilities: Gas Natural; Public Sewer; Public Water; Well Water Special Info: Sold As-Is Taxes: City/County Avail Info: Accounting Possession: Funding Contingencies: Inspection
Listing Office: Sutter & Nugent LLC
IDX
Last Updated: June - 22 - 2023
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