$520,000
●
House -
Off Market
5308 Garfield Road
Delray Beach, FL 33484
3 Beds
2 Baths
1,697 Ft²
$2,664
Est. Monthly
6.54%
Cap Rate
About This Property
Welcome to your dream home in the heart of Delray Beach, Florida's
#1 rated beach town, known for its vibrant arts and culture scene!
This meticulously maintained 3-bedroom, 2-bathroom gem offers the
perfect blend of style, functionality, and peace of mind with a
whole-home generator. Step inside to find a beautifully bright,
open floor plan with abundant natural light, a stunning kitchen
equipped with a newer double-door fridge, and ample closet space
for all your storage needs. The inviting layout leads out to a
large deck and screened-in patio, ideal for entertaining or
relaxing in the evenings. With partial impact windows, shutters,
and the added security of a generator, you can enjoy true move-in
readiness. Nestled in a friendly, HOA-free neighborhood with a
spacious two-car garage and dedicated laundry room, this home
embodies the best of coastal livingdon't miss the chance to make it
yours!
Unit Size
1,697 Ft²
Days on Market
37 days
Land Size
0.29 acres
Price per sqft
$315
Property Type
House
Property Taxes
$36
HOA Dues
-
Year Built
1978
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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: 6 months ago (Beaches MLS #R11032476)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Oct 29, 2024 | Listed by EXP Realty LLC | $535,000 | |
| Listed by EXP Realty LLC | |||
| | |||
|
Welcome to your dream home in the heart of Delray Beach, Florida's #1 rated beach town, known for its vibrant arts and culture scene! This meticulously maintained 3-bedroom, 2-bathroom gem offers the perfect blend of style, functionality, and peace of mind with a whole-home generator. Step inside to find a beautifully bright, open floor plan with abundant natural light, a stunning kitchen equipped with a newer double-door fridge, and ample closet space for all your storage needs. The inviting layout leads out to a large deck and screened-in patio, ideal for entertaining or relaxing in the evenings. With partial impact windows, shutters, and the added security of a generator, you can enjoy true move-in readiness. Nestled in a friendly, HOA-free neighborhood with a spacious two-car garage
| |||
| Mar 17, 1997 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Sold On
HOA + Taxes
About Country Club Acres
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Listed by: Richard Wilson III
EXP Realty LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R11032476
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.
EXP Realty LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R11032476
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Phone: 425-283-2930
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