31
Map
$490,000
●
House -
For Sale
5375 Monterey Circle #D
Delray Beach, FL 33484
3 Beds
2 Baths
1,829 Ft²
$3,830
Est. Monthly
$826
HOA / Fees
About This Property
Beautifully renovated 3-bedroom, 2-bath lakefront villa offering
over 1,800sqft of living space in the desirable gated Monterey
Lakes community! Enjoy stunning, long lake views from the spacious
living and dining areas and your private screened patio. This
move-in-ready home features soaring volume ceilings, updated
kitchen and bathrooms, new vinyl flooring, LED lighting, an open
and inviting layout, a 1-car garage, panel hurricane shutters,
Updated A/C (2023), Washer & Dryer (2023), Water (2025). Community
roofs are scheduled for replacement, with the seller paying the
assessment IN FULL! Zoned for top rated Omni Middle and Spanish
River High School. The HOA covers amenities, common areas, roof
maintenance, exterior painting, building insurance, lawn care, pest
control, security, cable, and internet. Residents also enjoy a
renovated clubhouse, resort-style pool, tennis, pickleball and
basketball court(s). Ideally situated near the Boca Raton/Delray
Beach border, with convenient access to shopping, dining, major
roadways, and beautiful South Florida beaches.
Unit Size
1,829 Ft²
Days on Market
20 days
Land Size
-
Price per sqft
$268
Property Type
House
Property Taxes
$597
HOA Dues
$826
Year Built
-
Listed By
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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: 20 days ago (Beaches MLS #B26091785)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | Listed by Bergman Realty Group | $490,000 | |
| Listed by Bergman Realty Group | |||
| Apr 24, 2023 | Sold | ||
| Sold | |||
| Feb 26, 2023 | Listed by Lang Realty/Delray Beach | $399,000 | |
| Listed by Lang Realty/Delray Beach | |||
| | |||
|
One story Villa with a fantastic direct long lake view! 2 bedrooms plus den , 2 baths. Wood floors in the living area and den. Tiled and screened patio . Eat in kitchen area. Open floor plan , one car garage, hurricane shutters. Great community gated, close to schools, shopping, beaches down town Delray Beach and so much more. Community offers a club house, pool, tennis, whirlpool ,
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage, Guest
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: High Ceilings, BreakfastArea, DualSinks, LivingDiningRoom, SplitBedrooms
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Water Heater, Washer
Flooring Type: Tile, Vinyl, Wood
Laundry Features: Inside, Laundry Room
Rooms: 4
Exterior Details
Square Footage: 1829
Square Footage Source: $0
Security Features: Gated Community
Property Condition: Resale
Architectural Style: Ranch
Year Built: 1993
Waterfront Features: Lake Front
Building Area Total: 2239
Levels: Multi/Split, One
Window Features: Sliding
Construction Materials: Block, Stucco, CBSConcreteBlockStructure
Patio and Porch Features: Covered, Patio, Screened
Pool Features: Association
Lot Features: SprinklersAutomatic
Water Source: Public
Financial Details
Tax Annual Amount: $7,170
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, CommonAreas
HOA/Condo/Coop Amenities: Basketball Court, Clubhouse, Fitness Center, Pool, Shuffleboard Court, Tennis Court(s), 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 |
|---|---|---|---|---|---|---|---|
|
12/03/2025
|
3 Bed
|
2 Bath
|
1829 ft²
|
$449,000
3 Bed
2 Bath
1829 ft²
|
$449,000
01/30/2026
|
Lindsey Mygatt
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
5375 Monterey Circle
5375 Monterey Circle, Delray Beach, FL 33484
- 1 Unit for Sale
About Boca Delray
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Listed by: Alexander Bergman
Bergman Realty Group
Last Updated: 20 days ago
Data Source: Beaches MLS, MLS# B26091785
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.
Bergman Realty Group
Last Updated: 20 days ago
Data Source: Beaches MLS, MLS# B26091785
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