$500,000
●
House -
Off Market
5375 Monterey Circle #B
Delray Beach, FL 33484
3 Beds
2 Baths
1,829 Ft²
$3,631
Est. Monthly
$736
HOA / Fees
About This Property
Welcome to your new home in this gated, all ages community!
Charming, split floor plan 3 bed/2 bath villa, perfectly situated
to capture stunning water lake view. Step inside to discover
a spacious living area where you can unwind with loved ones, taking
in the scenery through large sliding patio doors.
The kitchen is equipped with modern, brand new stainless steel appliances and quartz countertops; hardwood floors throughout, high 11ft ceilings, new light fixtures. The extended patio is ideal for relaxing by the beautiful lake. Close to restaurants, shopping, the pristine beach and Downtown Delray Beach. This home is all about simple comfort and convenience. Come see it and make it your own!
The kitchen is equipped with modern, brand new stainless steel appliances and quartz countertops; hardwood floors throughout, high 11ft ceilings, new light fixtures. The extended patio is ideal for relaxing by the beautiful lake. Close to restaurants, shopping, the pristine beach and Downtown Delray Beach. This home is all about simple comfort and convenience. Come see it and make it your own!
Unit Size
1,829 Ft²
Days on Market
144 days
Land Size
0.06 acres
Price per sqft
$279
Property Type
House
Property Taxes
$391
HOA Dues
$736
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: 4 months ago (Beaches MLS #R10994212)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | Listed by Coldwell Banker Realty /Delray Beach | $510,000 | |
| Listed by Coldwell Banker Realty /Delray Beach | |||
| | |||
|
Welcome to your new home in this gated, all ages community! Charming, split floor plan 3 bed/2 bath villa, perfectly situated to capture stunning water lake view. Step inside to discover a spacious living area where you can unwind with loved ones, taking in the scenery through large sliding patio doors.The kitchen is equipped with modern, brand new stainless steel appliances and quartz countertops; hardwood floors throughout, high 11ft ceilings, new light fixtures. The extended patio is ideal for relaxing by the beautiful lake. Close to restaurants, shopping, the pristine beach and Downtown Delray Beach. This home is all about simple comfort and convenience. Come see it and make it your own!
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Assigned, Attached, Garage, Guest
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, High Ceilings, Walk-In Closet(s), MainLevelPrimary, TubShower
Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Washer
Flooring Type: Vinyl, Wood
Laundry Features: Inside
Exterior Details
Square Footage: 1829
Security Features: Gated Community
Property Condition: Resale
Architectural Style: Other
Year Built: 1993
Waterfront Features: Lake Front
Building Name: B38
Building Area Total: 2239
Levels: One
Window Features: Skylight(s), Metal, SingleHung, Sliding
Construction Materials: Brick, Other
Patio and Porch Features: Patio, Porch, Screened
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: $4,689
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central, Individual
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Maintenance Grounds, Trash
HOA/Condo/Coop Amenities: Basketball Court, Fitness Center, Pool, Spa/Hot Tub, Tennis Court(s)
HOA Fee: $736
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 |
|---|---|---|---|---|---|---|---|
|
12/03/2025
|
3 Bed
|
2 Bath
|
1829 ft²
|
$449,000
3 Bed
2 Bath
1829 ft²
|
$449,000
01/30/2026
|
Curtis H Bennett
Coldwell Banker Realty /Delray Beach
| |
|
06/07/2024
|
3 Bed
|
2 Bath
|
1829 ft²
|
$510,000
3 Bed
2 Bath
1829 ft²
|
$500,000
-1.96%
11/15/2024
|
Kathleen C Moraskie
Coldwell Banker Realty /Delray Beach
| |
|
07/12/2023
| |
3 Bed
|
2 Bath
|
1839 ft²
|
$465,000
3 Bed
2 Bath
1839 ft²
|
$480,000
+3.23%
09/01/2023
|
David Castella
Keller Williams Realty CS
|
|
05/02/2023
|
3 Bed
|
2 Bath
|
1802 ft²
|
$435,000
3 Bed
2 Bath
1802 ft²
|
$435,000
06/30/2023
|
Steven Koleno
Beycome of Florida LLC
| |
|
02/26/2023
|
2 Bed
|
2 Bath
|
1829 ft²
|
$399,000
2 Bed
2 Bath
1829 ft²
|
$342,000
-14.29%
04/24/2023
|
Iris Cohen
The Keyes Company
| |
|
07/09/2021
|
3 Bed
|
2 Bath
|
1800 ft²
|
$310,000
3 Bed
2 Bath
1800 ft²
|
-
-
|
Robert J Tullo
Berkshire Hathaway Florida Realty
| |
|
04/24/2019
|
3 Bed
|
2 Bath
|
1783 ft²
|
$275,000
3 Bed
2 Bath
1783 ft²
|
$260,000
-5.45%
06/20/2019
|
Susan H Doyle
Plum Tree Realty
| |
|
07/05/2017
|
3 Bed
|
2 Bath
|
1783 ft²
|
$299,900
3 Bed
2 Bath
1783 ft²
|
$290,000
-3.30%
08/10/2017
|
Susan Merkel
Realty Home Advisors Inc
|
Building Info
About Boca Delray
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Listed by: Aleksandar Atanasov
Coldwell Banker Realty /Delray Beach
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10994212
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.
Coldwell Banker Realty /Delray Beach
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10994212
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