147 Coconut Key Lane
About This Property
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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 3, 2025 | Sold | ||
| Sold | |||
| Oct 15, 2025 | In contract | - | |
| In contract | |||
| Oct 6, 2025 | Listed by Laguna Realty & Sales, Inc. | $449,000 | |
| Listed by Laguna Realty & Sales, Inc. | |||
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A MUST SEE !! This Charming 3 bedroom Villa in a delightful gated Community, conveniently located off Atlantic Ave. in Delray. Close to I95, Turnpike & beautiful Sandy Beaches. In 2024 this gorgeous Villa had a New Metal Roof, community painted the exterior of all the units, they added a New Kitchen & all new appliances. Also in 2024 New Master & Guest Bathrooms were added. Other features include vinyl plank flooring in all the bedrooms & new fixtures throughout. Plenty of storage in the 2 car garage with an attic. A new garage door opening system was added. Coconut Key you are able to rent right away, with no waiting period. The community comes with a sparkling heated pool, a basketball area & Walking paths.. Pets welcome, max of 2 per unit. The monthly maintenance is $290 + $200 = $490
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| May 11, 2023 | Sold | ||
| Sold | |||
| Feb 21, 2023 | Listed by Coldwell Banker Realty /Delray Beach | $399,900 | |
| Listed by Coldwell Banker Realty /Delray Beach | |||
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About Delray Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017