1018 Bauhinia Road
About This Property
*Located a few short blocks to beach and Atlantic Ave
*Main residence and one-bedroom, one bath guest house
*6 total bedrooms plus office / 6.2 total baths
*6,318 living square feet / 8,757 total square feet
*Designed by renowned local architect, Randall Stofft
*Completely updated in 2015 to the highest standards
*Expansive parcel with 100 feet of frontage and approximately 150 feet of depth
*Private compound with entry gate access
*Decorative driveway, walkways and front porch
*Formal foyer entry with marble floors and grand split-level stairway
*Formal living room with two-sided fireplace shared by formal dining room with wine closet
*Gourmet kitchen with top-of-the-line stainless steel appliances; Calacatta marble triple-edged countertops; two islands with snack bar seating; casual dining area; and preparation pantry
*Family room open to kitchen with French door access to covered loggia and pool
*First floor office and guest bedroom
*Private primary suite with vaulted ceilings; wood floors; morning bar; walk-in closet; and spacious bath with glass shower, tub, and dual vanities
*Expansive balcony that connects main house to guest house which offers private quarters with one bedroom and one bath and separate stairway entry from side grounds
*Three additional guest bedrooms on second floor
*Sensational grounds with lush landscape and abundant privacy
*Covered loggia with ample room for outdoor living and dining area
*Summer kitchen with grill and bar seating area
*Resort-style pool with spa, outdoor shower, and expansive open terrace for lounging
*Two laundry rooms
*Three car garage
*Impact glass windows and doors
Impeccably maintained, this beach area residence is the quintessential luxury home for enjoying all that East Delray Beach has to offer.
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 23, 2022 | Sold | ||
| Sold | |||
| Apr 9, 2022 | Listed by Douglas Elliman | $7,750,000 | |
| Listed by Douglas Elliman | |||
| Jan 21, 2016 | Sold | ||
| Sold | |||
| Mar 30, 2015 | Sold | ||
| Sold | |||
| Jan 2, 2015 | Listed by The Real Estate Office Co. | $2,500,000 | |
| Listed by The Real Estate Office Co. | |||
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THIS ESTATE HOME WAS DESIGNED BY RANDALL STOFFT, SITED ON A PRIME LARGE SIZED LOT IN THE BEAUTIFUL BEACH COMMUNITY OF SEAGATE - TWO-STORY, 6 BEDROOM, 6 FULL BATH AND 2 HALF BATH RESIDENCE WITH CUSTOM PAINT/ART, FIREPLACE, WINE LOCKER, OPEN KITCHEN WITH BAR SEATING, OFFICE AND MORE. HAS MOLD DAMAGE IN GARAGE DUE TO WATER DRAINAGE AND NEEDS NEW FLOORING THOUGHOUT - READY FOR YOUR IMPROVEMENTS TO BRING THIS HOME BACK TO ITS FULL GLORY.
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Phone: 425-283-2930
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