37
Map
$490,000
●
Condo -
Off Market
475 Tequesta Drive #15
Tequesta, FL 33469
2 Beds
2 Baths
1,052 Ft²
$3,489
Est. Monthly
$831
HOA / Fees
3.52%
Cap Rate
About This Property
Waterfront Retreat on the Loxahatchee River in Tequesta. Bring your
kayak/ paddle board/ fishing pole! Welcome to this 2 bedroom,
2 bath condo sitting on the corner unit with breathtaking
wide-water views from every room. The community features a swimming
pool by the water and a day dock. It's unique design gives you lots
of privacy, you pull into the first floor open parking garage right
by your unit that takes you to your own private courtyard with your
own private stairway. Ideal for entertaining and also to relax and
unwind as you watch the boats pass by. (this building has an
elevator if you prefer) New AC & impact windows. Embrace the charm
of Tequesta with local shops, restaurants + just minutes to
pristine beaches. Don't miss the opportunity to make this
waterfront haven your own
Unit Size
1,052 Ft²
Days on Market
173 days
Land Size
-
Price per sqft
$475
Property Type
Condo
Property Taxes
$204
HOA Dues
$831
Year Built
-
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Cap Rate Calculator
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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: 8 months ago (Beaches MLS #R10953494)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| Jan 25, 2024 | Listed by Paradise Real Estate Intl | $499,500 | |
| Listed by Paradise Real Estate Intl | |||
| Dec 17, 2013 | Sold | ||
| Sold | |||
| Aug 15, 2013 | Listed by Tequesta Realty, Inc | $249,000 | |
| Listed by Tequesta Realty, Inc | |||
| | |||
|
A true gem located on the north fork of the Loxahatchee River. A 2story building with a private patio and garage parking & storage room on the 1ST floor. The 2ND living level has river views from the major rooms. The APARTMENT WAS GUTTED AND FINISHED WITH CUSTOM CABINETS IN THE KITCHEN & BATHROOMS, WOOD FLOORING THOUGH OUT MAIN ROOMS WITH TILE BATHS, CROWN MOLDING, BUILT IN BOOK SHELVES AND CABINETS IN THE LIVING ROOM, CABINETS ON EITHER SIDE OF THE BAY WINDOW IN THE MASTER BEDROOM & CROWN MOLDING AND A WALL OF BOOK SHELVES IN THE 2ND BEDROOM. THE FRONT LOAD WASHER & DRYER ARE BOSCH; SUB ZERO REFRIGERATOR WITH TWO FREEZER DRAWERS, GE PROFILE GLASS TOP STOVE,OVEN AND MICROWAVE.THE PATIO,STAIRWAY TO THE APARTMENT&UPPER LANDING ARE COVERED WITH CUSTOM TILE. DINING CHANDELIER NOT INCLUDED
| |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Parking Details
Has Garage
Parking Features: Assigned, Covered, Garage, Guest
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Bar, Walk-In Closet(s), LivingDiningRoom, SplitBedrooms, SeparateShower, TubShower, UpperLevelPrimary
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Washer
Flooring Type: Ceramic Tile, Wood
Exterior Details
Has Property Attached
Square Footage: 1052
Property Condition: Resale
Year Built: 1964
Waterfront Features: Ocean Access, River Front, Seawall, FixedBridge, IntracoastalAccess
Building Area Total: 1814
Window Features: Blinds, Bay Window(s)
Construction Materials: Block
Patio and Porch Features: Patio, Open, Balcony
Pool Features: Association
Lot Features: SprinklersAutomatic
Financial Details
Tax Annual Amount: $2,451
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Sewer, Water, CommonAreas
HOA/Condo/Coop Amenities: Boating, Pool, Trail(s), Elevator(s)
HOA Fee: $831
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/25/2024
|
2 Bed
|
2 Bath
|
1052 ft²
|
$499,500
2 Bed
2 Bath
1052 ft²
|
$490,000
-1.90%
07/18/2024
|
Maria Marcy Portugal
Paradise Real Estate Intl
| |
|
01/19/2024
|
2 Bed
|
2 Bath
|
730 ft²
|
$429,000
2 Bed
2 Bath
730 ft²
|
-
-
|
Rachel Hecker
RE/MAX Select Group
| |
|
12/11/2022
|
2 Bed
|
2 Bath
|
730 ft²
|
$350,000
2 Bed
2 Bath
730 ft²
|
$350,000
05/30/2023
|
Allison M Goldstein
Nextmove Realty LLC
| |
|
11/09/2021
|
2 Bed
|
2 Bath
|
730 ft²
|
$395,000
2 Bed
2 Bath
730 ft²
|
$385,125
-2.50%
12/07/2021
|
Mary Ellen Kavanewsky
Nicklaus Vance
| |
|
07/07/2020
|
2 Bed
|
2 Bath
|
730 ft²
|
$235,000
2 Bed
2 Bath
730 ft²
|
$250,000
+6.38%
08/03/2020
|
Maria Rosado
Crane Reed Properties, LLC
| |
|
08/15/2013
|
2 Bed
|
2 Bath
|
1052 ft²
|
$249,000
2 Bed
2 Bath
1052 ft²
|
$190,000
-23.69%
12/17/2013
|
Deborah Malone Marchant
Water Pointe Realty Group
| |
|
03/28/2012
|
2 Bed
|
2 Bath
|
730 ft²
|
$119,650
2 Bed
2 Bath
730 ft²
|
$119,650
07/17/2012
|
Gail B Lamborn
Platinum Properties/The Keyes
|
Building Info
About Bermuda Terrace
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Listed by: Marcy Portugal
Paradise Real Estate Intl
Last Updated: 8 months ago
Data Source: Beaches MLS, MLS# R10953494
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.
Paradise Real Estate Intl
Last Updated: 8 months ago
Data Source: Beaches MLS, MLS# R10953494
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