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6636 Dana Point Cove
About This Property
Valencia Palms upscale 55+ community in Delray Beach offers an exceptional location close to Boca Raton, downtown Delray, dining, shopping, and the Ocean. Incredible Resort Lifestyle and Amenities built by G.L. Homes offering Superior Design and Quality. Spectacular Newly Renovated Clubhouse Awaits You. Beautiful Grand Ballroom with a Dance Floor, Raised Stage, Drop Down Screens, Separate Dressing Room, Special Lighting & Sound Proofing to Enjoy the Great Entertainment. 6 Har Tru Tennis Courts (Very Active Tennis Community) wonderful tennis pros, Two Bocce Courts, Two Pickleball Courts, and a Half Basketball Court. Resort Style Swimming Pool, Resistance Pool & Whirlpool Spa, Shaded Cabanas, Men's, and Woman's Locker Rooms with Steam Rooms & Showers. Complete Fitness Center with Exercise Studio. The Cafe is open for Breakfast and Lunch (Dine in Style). Meet your friends before you play Canasta, Mahjong, Bridge or go for a Swim, or play golf at the West Chester Golf and Country Club which is open to the Public (5 minutes away). Valencia Palms is close to: Boca Raton Town Center Mall where you can shop at Macy's, Bloomingdales, Nordstroms, Neiman Marcus, Saks Fifth Avenue, and many well-known boutique stores. Conveniently located to Atlantic Avenue where there are so many wonderful restaurants and boutiques to shop in, Florida Turnpike, Florida Atlantic University, West Palm Beach Airport, Library, and you are only several miles from the Beach. The community is also near Atlantic Marketplace, which is extremely popular because of the movie theater and bowling alley enhanced by wonderful restaurants and fabulous stores. Close to Publix Supermarkets and Medical Facilities.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2025 | Sold | ||
| Sold | |||
| Aug 18, 2025 | In contract | - | |
| In contract | |||
| Jul 12, 2025 | Price Decreased |
$1,250,000
↓ $75K
(5.7%) | |
| Price Decreased | |||
| Jun 3, 2025 | Listed by Signature Int'l Premier Properties | $1,325,000 | |
| Listed by Signature Int'l Premier Properties | |||
| Oct 27, 2022 | Sold | ||
| Sold | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017