5361 Grande Palm Circle
About This Property
and Delray's stunning public beaches, you'll enjoy all that this prime Delray Beach location has to offer HOA includes Landscaping and tree trimming for hurricane season, Security Gate, Cable with HBO, ADT Security & Amenities with Maintenance included. With shops and restaurants just around the corner, this home provides the ideal blend of luxury, convenience, and lifestyle. The Lot extends past the privacy of the landscaping and has room in the backyard for your own private pool or extension for florida / screen room.
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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.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by Coldwell Banker Realty /Delray Beach | $599,000 | |
| Listed by Coldwell Banker Realty /Delray Beach | |||
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Welcome to 5361 Grande Palm Circle, nestled in the prestigious, gated community of Palm Beach Bath & Tennis in Delray Beach. This meticulously renovated home offers a modern living experience with a desirable split floorplan, soaring ceilings, and sleek updated bathrooms. The community boasts low HOA fee of just $310 per month, providing access to a range of amenities including tennis courts, basketball courts, a sparkling pool, and a clubhouse. Enjoy leisurely evening walks with your family and furry friends along the community's charming sidewalks. The home's private backyard is perfect for entertaining guests, while the garage is equipped with a Tesla charger, adding a touch of convenience for electric vehicleand Delray's stunning public beaches, you'll enjoy all that this prime
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| Jun 25, 2018 | Sold | ||
| Sold | |||
| Apr 25, 2018 | Listed by Coldwell Banker Realty /Delray Beach | $349,600 | |
| Listed by Coldwell Banker Realty /Delray Beach | |||
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About Tropical Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017