40
Map
$524,900
↓ $10K (1.9%)
●
House -
For Sale
1240 Grandview Circle
Royal Palm Beach, FL 33411
4 Beds
2 Baths
1,550 Ft²
$3,182
Est. Monthly
About This Property
Don't miss this fantastic opportunity to own a well-maintained,
move-in-ready 4-bedroom home with valuable recent updates! A newer
roof helps reduce potential homeowners insurance costs, while the
recently updated pool equipment offers added peace of mind and
enjoyment. Inside, you'll find a freshly painted interior, spacious
living areas perfect for everyday living and entertaining, and four
generously sized bedrooms designed for comfort and flexibility.
Step outside to a private fenced backyard, ideal for pets, play, or
relaxing by the pool. The neighborhood offers outstanding amenities
just a short walk away, including a dog park, playground,
basketball courts, and a fishing dock, providing something for
everyone to enjoy. Conveniently located near shopping, dining,
schools, and major roadways, this home is an excellent opportunity
for both investors and future homeowners. Currently tenant-occupied
through February 1, 2027, allowing you to secure this exceptional
property today while generating rental income until you're ready to
move in.
Unit Size
1,550 Ft²
Days on Market
98 days
Land Size
0.18 acres
Price per sqft
$339
Property Type
House
Property Taxes
$604
HOA Dues
-
Year Built
1990
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: 2 months ago (Beaches MLS #B26057887)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$524,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jul 29, 2026 | Listed by Keller Williams Realty - Wellington | $535,000 | |
| Listed by Keller Williams Realty - Wellington | |||
| May 10, 2024 | Sold | ||
| Sold | |||
| Mar 18, 2024 | Listed by Engel & Volkers Wellington | $525,000 | |
| Listed by Engel & Volkers Wellington | |||
| | |||
|
Come see this beauty! She is move in ready, BRAND NEW ROOF just installed, saving you money on homeowners insurance. Also last year the pool and equipment just received a brand new makeover! Inside you will notice a freshly painted, well maintained house. 3 nicely sized bedrooms with an extra office/ bedroom. Very spacious living room for entertaining. A nice fenced in yard , and if you have a dog there is a dog park within walking distance, along with a playground, basketball courts even a dock to fish off of. So don't waste anytime and come see for yourself!
| |||
| Jul 30, 2001 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
With View
Parking Details
Has Open Parking
Parking Features: Driveway
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: High Ceilings, Storage, Vaulted Ceiling(s), Walk-In Closet(s), BreakfastArea, LivingDiningRoom, MainLevelPrimary, SplitBedrooms
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Water Heater, Washer
Flooring Type: Ceramic Tile, Tile, Wood
Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room, In Unit
Rooms: 5
Exterior Details
Square Footage: 1550
Square Footage Source: $0
Security Features: Smoke Detector(s), None
Property Condition: Resale
Architectural Style: Traditional
Year Built: 1990
Waterfront Features: Canal Access, Canal Front
Building Area Total: 1630
Levels: One
Other Structures: Outbuilding, Shed(s), Storage
Window Features: Blinds, Sliding
Construction Materials: Frame, Stucco
Patio and Porch Features: Deck, Patio, Porch
Pool Features: Fenced, In Ground, Private
Pool is Private
Lot Features: LessThanQuarterAcre
Lot Size Area: 7840.8
Lot Size Units: Square Feet
Lot Size Acres: 0.18
Lot Size Square Feet: 7840.8
Water Source: Public
Financial Details
Tax Annual Amount: $7,248
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Public Sewer
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 Counterpoint Estates
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Listed by: Ryan L Jennings
Keller Williams Realty - Wellington
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26057887
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.
Keller Williams Realty - Wellington
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26057887
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