13
Map
$1,375,000
●
House -
For Sale
4060 Frances Drive
Delray Beach, FL 33445
4 Beds
2 Baths,
1
Half Bath
2,850 Ft²
$7,838
Est. Monthly
About This Property
WELCOME HOME! Incredible opportunity to create your dream estate on
nearly 1 acre. Expansive ranch-style home offers 4BR w/flexible
space to customize. Soaring cathedral ceilings & dramatic
double-sided fireplace. Located in a private enclave w/oversized
properties, privacy & no HOA. Layout includes spacious BRs, large
living areas, oversized family room, kitchen w/adjacent dining &
formal living/dining rooms. 700 sq ft patio for outdoor
entertaining. Attached 2-car garage + 1,200 sq ft detached 4-car
garage w/water & electric. New septic tank & water softener. Mostly
impact windows. (1) AC & HWH approx 4 yrs old. NEEDS ROOF - visible
ceiling water staining. Buyer to perform all diligence; info not
guaranteed. new septic tank and water softer, new roof needed,
visible water marks on ceiling thru out, h2o and (1) ac of the 2
are within 4 years old, some impact windows. Buyer to perform all
diligence. Information written here is not guaranteed.
Unit Size
2,850 Ft²
Days on Market
154 days
Land Size
0.84 acres
Price per sqft
$482
Property Type
House
Property Taxes
$1,086
HOA Dues
-
Year Built
1978
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: 5 months ago (Beaches MLS #B26021339)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2026 | Listed by LoKation | $1,375,000 | |
| Listed by LoKation | |||
| Jul 2, 2024 | Price Decreased |
$1,400,000
↓ $200K
(12.5%) | |
| Price Decreased | |||
| Jun 10, 2024 | Listed | $1,600,000 | |
| Listed | |||
| | |||
|
Finally, the wait is over! Presenting this stunning four-bedroom, three-bathroom residence nestled in the Kingsland Subdivision, now available for sale. Set upon an expansive lot spanning nearly a full acre, this property boasts a detached garage with ample space for four vehicles and storage.
Conveniently positioned, this home offers seamless access to the vibrant downtown area of Delray Beach, renowned for its eclectic atmosphere, art galleries, chic boutiques, and upscale dining establishments. Moreover, the pristine beaches of Delray Beach are just a short drive away, offering residents endless opportunities for leisure and relaxation in the Florida sun.
This exclusive Delray Beach treasure won't be available for long. Don't miss out on the chance to make it yours. Choose today to schedule your private viewing and secure your slice of paradise!
Property Appraisal completed on 6/25/24. Motivated Seller.
| |||
| May 26, 2017 | Sold | ||
| Sold | |||
| Apr 24, 2007 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage
Garage Spaces: 6
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Cathedral Ceiling(s), Eat-in Kitchen, High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s), KitchenDiningCombo, MainLevelPrimary, SeparateShower
Appliances: Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Water Heater, Washer
Flooring Type: Carpet, Tile
Laundry Features: Inside, Laundry Closet, Laundry Room, Sink, LaundryTub
Has Fireplace
Fireplace Features: Electric
Exterior Details
Square Footage: 2850
Square Footage Source: $0
Property Condition: Resale
Year Built: 1978
Waterfront Features: None
Building Area Total: 2850
Levels: One
Other Structures: Outbuilding
Window Features: Skylight(s), Storm Window(s)
Construction Materials: Block, Concrete
Patio and Porch Features: Covered, Patio
Lot Features: SprinklersAutomatic, SprinklerSystem
Lot Size Area: 36590.4
Lot Size Units: Square Feet
Lot Size Acres: 0.84
Lot Size Square Feet: 36590.4
Water Source: Well
Financial Details
Tax Assessed Value: $772,468
Tax Annual Amount: $13,029
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central, Electric
Sewer : Septic Tank
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 Delray Beach
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Listed by: Lisa Feltrinelli
LoKation
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# B26021339
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.
LoKation
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# B26021339
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