47
Map
$475,000
●
House -
Off Market
5345 Monterey Circle #D
Delray Beach, FL 33484
3 Beds
2 Baths
1,783 Ft²
$3,542
Est. Monthly
$826
HOA / Fees
About This Property
Welcome to 5345 Monterey Cir #43D, Delray Beach, FL - a beautifully
renovated and maintained 3-bedroom, 2-bath villa-style condo
offering wonderful lake views and abundant natural light
throughout. This open-concept home features soaring volume ceilings
and a desirable split floor plan for added privacy. The modern
kitchen is equipped with quartz countertops, premium KitchenAid
appliances, and Italian porcelain floors. Enjoy peace of mind with
a newer AC, instant hot water system, accordion shutters, keyless
door entry, and security cameras. Relax on the screened patio or
take advantage of the one-car garage. It is located in a gated,
all-ages community with top-rated schools, an updated clubhouse, a
pool, a gym, pickle ball, and tennis courts. Just 15 minutes to the
beach and close to all of Delray's finest restaurants and
entertainment venues.
Unit Size
1,783 Ft²
Days on Market
48 days
Land Size
0.06 acres
Price per sqft
$266
Property Type
House
Property Taxes
$383
HOA Dues
$826
Year Built
-
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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: 7 months ago (Beaches MLS #R11079917)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Listed by Concierge Properties LLC | $475,000 | |
| Listed by Concierge Properties LLC | |||
| | |||
|
Welcome to 5345 Monterey Cir #43D, Delray Beach, FL -- a beautifully renovated and maintained 3-bedroom, 2-bath villa-style condo offering wonderful lake views and abundant natural light throughout. This open-concept home features soaring volume ceilings and a desirable split floor plan for added privacy. The modern kitchen is equipped with quartz countertops, premium KitchenAid appliances, and Italian porcelain floors. Enjoy peace of mind with a newer AC, instant hot water system, accordion shutters, keyless door entry, and security cameras. Relax on the screened patio or take advantage of the one-car garage. It is located in a gated, all-ages community with top-rated schools, an updated clubhouse, a pool, a gym, pickle ball, and tennis courts. Just 15 minutes to the beach and close to
| |||
| Sep 23, 2021 | Sold | ||
| Sold | |||
| Jul 13, 2021 | Listed by The Keyes Company | $315,000 | |
| Listed by The Keyes Company | |||
| | |||
|
Welcome to Monterey a gated community in beautiful Delray Beach. Fall in love with this 3bedroom/2 bath Villa with an attached garage. This Villa has high ceilings and spacious living areas with almost 1,800 of square feet of living space. The eat in kitchen features white cabinets and appliances. Large, screened patio offers a serene lake view and no rear neighbors. No carpet here, porcelain flooring and laminate wood flooring throughout. The building was recently painted a very modern two-tone gray. Monterey offers a nice clubhouse with a fitness center, pool, basketball, tennis, kids pool, sauna, hot tub and so much more. Close to all major highways, airports, dining, shopping, the beach and downtown Atlantic Avenue. Great value in this Estate Sale.
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Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage, Garage Door Opener
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Cathedral Ceiling(s), Entrance Foyer, Eat-in Kitchen, High Ceilings, Kitchen Island, Pantry, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s), BreakfastArea, Bathtub, DiningArea, SeparateFormalDiningRoom, DualSinks, FamilyDiningRoom, GardenTubRomanTub, KitchenDiningCombo, LivingDiningRoom, MainLevelPrimary, SplitBedrooms, SeparateShower
Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Water Heater, Washer
Laundry Features: Inside
Exterior Details
Square Footage: 1783
Security Features: Gated Community
Property Condition: Resale
Year Built: 1994
Waterfront Features: Lake Front
Building Area Total: 2205
Levels: One
Construction Materials: Block
Patio and Porch Features: Patio, Porch
Pool Features: Association
Lot Features: LessThanQuarterAcre
Lot Size Area: 2613.6
Lot Size Units: Square Feet
Lot Size Acres: 0.06
Lot Size Square Feet: 2613.6
Water Source: Public
Financial Details
Tax Annual Amount: $4,602
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Basketball Court, Clubhouse, Fitness Center, Pool, Recreation Facilities, Shuffleboard Court, Tennis Court(s), BusinessCenter, Pickleball, Sidewalks
HOA Fee: $826
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 |
|---|---|---|---|---|---|---|---|
|
04/08/2025
|
3 Bed
|
2 Bath
|
1783 ft²
|
$475,000
3 Bed
2 Bath
1783 ft²
|
$475,000
05/27/2025
|
Marcello F Fabbri
Concierge Properties LLC
| |
|
11/23/2023
|
3 Bed
|
2 Bath
|
1783 ft²
|
$524,000
3 Bed
2 Bath
1783 ft²
|
$520,000
-0.76%
02/01/2024
|
David Adam Kalish
Coldwell Banker Realty /Delray Beach
| |
|
07/13/2021
|
3 Bed
|
2 Bath
|
1783 ft²
|
$315,000
3 Bed
2 Bath
1783 ft²
|
$320,000
+1.59%
09/23/2021
|
Katja Pressman
The Keyes Company
| |
|
05/07/2020
|
3 Bed
|
2 Bath
|
1783 ft²
|
$300,000
3 Bed
2 Bath
1783 ft²
|
$271,000
-9.67%
07/01/2020
|
Grace Colon
London Foster Realty
| |
|
05/04/2020
|
3 Bed
|
2 Bath
|
1783 ft²
|
$297,500
3 Bed
2 Bath
1783 ft²
|
$282,500
-5.04%
07/21/2020
|
Anne Hauge
Illustrated Properties
|
Building Info
About Boca Delray
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Listed by: Marcello F Fabbri
Concierge Properties LLC
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R11079917
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.
Concierge Properties LLC
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R11079917
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