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Palm Beach Valencia Isles
6824 Molakai Circle
$550,000
● House - Off Market

6824 Molakai Circle

Boynton Beach, FL 33437
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,327 Ft²
$584,905
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Move right in to this upgraded Granada featuring 3 bedrooms (3rd bedroom is currently being used as a den/office) and 2.5 baths! Yes! a 1/2 bath making this home and floor plan perfect for entertaining!  This custom landscaped lakefront property features tile on the diagonal, vaulted ceilings, updated kitchen with granite countertops, s/s appliances, wood cabinets, w/ great storage! Upgrades include but NOT limited to bathrooms w/marble countertops, completely renovated master & guest bathroom showers, custom cabinetry and NO carpeting!  Generous sized master bedroom w/ tray ceiling, stunning private lake views, large walk-in closet & access to screened lanai. Roof replaced  in 2010, A/C 4yrs. old. VI's newly renovated clubhouse w/ BISTRO & enough activities to keep you busy every day!
Unit Size
2,327 Ft²
Days on Market
47 days
Land Size
0.18 acres
Price per sqft
$215
Property Type
House
Property Taxes
$432
HOA Dues
$633
Year Built
2000

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 11 months ago (Beaches MLS #R10714328)

Price History

Date / Event Date Event Price
Jul 7, 2021 Sold
Premium
Sold
May 7, 2021 Listed by Broder Realty $499,900
Listed by Broder Realty
Aug 7, 2000 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 14
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,876
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,049
  • Gross Building Area: 3,049
  • Building Area: 2,327
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,327
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALENCIA ISLES PL 1
  • Land Acres: 0000000181
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: VALENCIA ISLES PL 1 LT 309

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005947

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 301G
  • Parcel: 00-42-45-33-13-000-3090
  • Lot: 309
  • Meridian: SEC 33 TWN 45S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.5113
  • Longitude: -80.155

    Address

  • Full Address: 6824 Molakai Cir
  • Address - House Number: 6824
  • Address - Street Name: Molakai
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Boynton Beach
  • Carrier Code: R031
  • 4-Digit Zip Code: 7027
  • Zip Code: 33437

Valuation

    Tax

  • Total Area: 2,624
  • Tax Year: 2023
  • Tax Amount: $815,436
  • Tax Rate Code Area: 355

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 714,008
  • High Value: 849,743
  • Low Value: 578,274

    Market Valuation

  • Market Total Value: $529,026
  • Market Land Value: $161,784
  • Market Improvement Value: $367,242

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $510,330

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 19, 2021
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210313709
  • Previous Sale Recording Date: Aug 07, 2000
  • Previous Sale Amount: $280,300
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Valencia Isles

Stats & Trends

Median Asking:

$549,999

Sale Price/ft²

$278

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1920 ft²

Average Home Age

26.3 years

Currently For Sale

8 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Jamie Broder
Broder Realty
Last Updated: 11 months ago
Data Source: Beaches MLS, MLS# R10714328
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.

Frequently Asked Questions

When was property at 6824 Molakai Circle built and last sold?
The property at 6824 Molakai Circle was built in 2000 and last sold on Jun 19, 2021 for $550,000.
How much is this home worth?
The estimated value of the home located at 6824 Molakai Circle is $0.
What are some comparable homes to 6824 Molakai Circle?
There are currently no comparable homes to 6824 Molakai Circle.
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