Welcome to the Valencia Falls lifestyle! This impeccably maintained
Palma model offers 2 bedrooms plus an office/den that can easily
serve as a third bedroom, 2.5 baths, a private pool, and an
impressive combination of updates, comfort and peace of mind. Step
inside to soaring vaulted ceilings and a bright, open layout
designed for both everyday living and entertaining. The beautifully
updated kitchen features quartz countertops, stainless steel
appliances and plenty of workspace while opening directly to the
spacious family room. Head outside from the family room to the
covered lanai and private pool area, creating a wonderful extension
of the living space for relaxing, entertaining and enjoying the
South Florida lifestyle year-round. An open formal dining
area provides additional space for hosting family and friends,
while new flooring in the bedrooms adds a fresh, updated feel.
The spacious primary suite features two large fitted walk-in
closets plus an additional linen closet. The primary bath offers
dual sinks, a large walk-in shower with bench seating and a
separate water closet. The guest bedroom includes its own walk-in
closet and shares a convenient Jack-and-Jill bathroom with the
office/den, providing excellent flexibility for overnight guests, a
home office or a third sleeping space. Additional features
include accordion hurricane shutters and a whole-home generator
with a buried propane tank, providing added security and peace of
mind. Located in Valencia Falls, one of Delray Beach's
sought-after 55+ communities, residents enjoy an exceptional
resort-style lifestyle. The beautifully renovated clubhouse
features an expanded cafe and fitness center, along with endless
opportunities to stay active and social. Enjoy six pickleball
courts, six tennis courts, bocce, cards, art, billiards, live shows
and a wide variety of clubs and activities. The resort-style
community pool is heated during the winter and cooled during the
summer for year-round enjoyment. This beautifully maintained
home combines a flexible floor plan, desirable updates, a private
pool and outstanding community amenities-all in the heart of Delray
Beach. Come experience everything this home and Valencia Falls have
to offer! Valencia Falls is a 55+ community. All measurements
and information are deemed accurate but should be independently
verified.
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.
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