13481 Shell Beach Court
About This Property
Large Entertaining Loft on 2nd Floor 19'-10'' x 14'-10'' & 2 Spacious Bedrms enhanced by Walk-in Closets & 2 Full Bathrooms plus Make-up Area. LED Lighting in several areas. Buyer pays 1 time capital contribution of $1,768.00 at closing. Maintenance includes Triple Net, Free Phone USA & Canada, Internet,Wifi, Showtime/HBO.foyer chandelier does not convey.Den/4th Bedrm closet is in hallway.See MORE Valencia Palms is a wonderful (Non-Equity) #1 ACTIVE 55+ Community in the most desirable City in South Florida (Delray Beach).
Valencia Palms is a very Active Tennis Community offering 6 Har Tru Lite Tennis Courts with a wonderful Tennis Pro. They have two Bocce Courts, Two Pickle Ball Courts & Half Basketball Court for your enjoyment. Westchester Golf Country Club is a few minutes away and it is open to the Public.
The wonderful Amenities are: Beautiful Cafe open for Breakfast & Lunch. You can dine inside or outside in our screened patio area. Resort style Pool that can also be used for laps or group water aerobics.There is a wonderful
Resistance Pool which is great for exercising as well as a Spa
enhanced by the most beautiful tropical landscaping. You must see our
First Class Fitness Center with an Aerobics Room offering Great Classes.
There are three card rooms, billiard room, conference room and a Stunning
Grand Ballroom with a raised stage, dance floor and very comfortable seating to watch fabulous entertainment.
There are so many Clubs to join. There is a welcoming committee. Color War is a wonderful event in July that you will want to be involved in and and cherish forever. So Much Fun.....Great opportunity to meet new friends and laugh all day during the competition.
Valencia Palms is centrally located. Very convenient for shopping, West Palm Beach Airport, Florida Turnpike, Library, Movie Theaters, Boca Raton
Town Center Mall where you can shop at Macy's, Bloomingdales, Nordstroms, Neiman Marcus, Saks Fifth Avenue and many well known boutiques and fabulous restaurants and close to. Florida Atlantic University and not far from the Beach, Doctors and Hospitals.
Atlantic Marketsplace is very popular because of IMAX theatre and the
bowling alley enhanced by wonderful restaurants.
I look forward to welcoming you to our beautiful community and showing you the magnificent home.
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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%.
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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.
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.
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017