6880 Imperial Beach Circle
About This Property
Valencia Palms is a Non-Equity Community. Enjoy the Country Club Lifestyle Without Paying the Equity Membership Fees. The main multi-million dollar clubhouse is a great place to meet new and old friends. The lobby contains very comfortable seating looking out to a beautiful crystal blue resort style pool. On one wing is a beautiful Grand Ballroom with a Dance Floor, Raised Stage, drop down screens, separate dressing room, with special lighting & sound proofing. The seating is also very comfortable to enjoy all of the shows and entertainment that is regularly scheduled and nonstop.
On another wing is a lovely Cafe open for Breakfast & Lunch. You can dine inside the Cafe or outside overlooking the beautiful pool. Waitress service is with a smile:) You are able to use your debit card at Reuven's restaurant 5 minutes away (I will explain this to you). There are 3 card rooms, a Billiards Room, Conference Room, & Arts & Craft Room. There are many clubs for you to join so you can meet new friends and enjoy new experiences.
In another section there is a first class Fitness Center with an Aerobics Room offering great classes at a minimum fee.
Outside Valencia Palms has 6 Har Tru Lit Tennis Courts (Very Active Tennis Community) with a wonderful Tennis Pro. There are two Bocce Courts and two Pickleball Courts. Pickleball is also very active. Enjoy the Resort Style Swimming Pool which has a swimming laps area, a Resistance Pool, Whirlpool Spa, & shaded Cabanas. Just inside are Men's & Woman's locker rooms with Steam Room & showers. Additionally, there are walking, jogging & bicycle paths & children's Splash Pad.
Valencia Palms is centrally located and the most eastern located Valencia making it very convenient to the Beach, restaurants & shopping, major airports (West Palm Beach Airport & Fort Lauderdale), major roadways, and the Boca Raton Town Center Mall, and the Delray Marketplace. We are also convenient to doctors & hospitals, Movie Theaters, a Bowling Alley, and Downtown Delray where you have a choice of fabulous restaurants and shopping.
One of the highlights of the year is Color War in Valencia Palms.
Color War is an amazing opportunity to meet new friends and bond. It represents challenges, competition and camaraderie, joy
& pride. It is like Summer Camp leading to laughter and excitement throughout Valencia Palms.
Westchester Golf & Country Club is a few minutes away and it is open to the public.
Look forward to meeting you and showing this beautiful home.
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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%.
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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.
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017