36
Map
$769,000
●
House -
In Contract
7986 Palacio Del Mar Drive
Boca Raton, FL 33433
2 Beds
2 Baths
1,775 Ft²
$5,583
Est. Monthly
$846
HOA / Fees
About This Property
Palacios is a gated community consisting of approximately 32 homes
located on Montoya Circle. This house consists of two large master
bedroom suites with each having its own master bath and updated
vanities. There is laminate wood flooring and tile flooring
throughout the home. The kitchen has been remodeled totally a few
years ago, consisting of stainless steel appliances, double
stainless sink, granite, countertops, backsplash, and white
cabinetry throughout. The private backyard is enclosed with a high
screen enclosure and swimming pool. The roof is covered by the
homeowners association. This community is very private and peaceful
located near great shopping near main roads and a top school
district
Unit Size
1,775 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$433
Property Type
House
Property Taxes
$961
HOA Dues
$846
Year Built
1988
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: 2 months ago (Beaches MLS #B26040895)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 17, 2026 | In contract | - | |
| In contract | |||
| Jun 14, 2026 | Listed by Eleanor Ager Realty Inc. | $769,000 | |
| Listed by Eleanor Ager Realty Inc. | |||
| Aug 7, 2019 | Sold | ||
| Sold | |||
| Jun 12, 2019 | Listed by Eleanor Ager Realty Inc. | $410,000 | |
| Listed by Eleanor Ager Realty Inc. | |||
| Apr 8, 2005 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Cathedral Ceiling(s), Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s), Bathtub, DualSinks, LivingDiningRoom, MultiplePrimarySuites, MultipleEnSuiteBathrooms, SplitBedrooms, SeparateShower
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Heater, Washer
Flooring Type: Ceramic Tile, Laminate
Laundry Features: Inside
Exterior Details
Square Footage: 1775
Square Footage Source: $0
Security Features: Gated Community
Property Condition: Resale
Architectural Style: Other
Year Built: 1988
Waterfront Features: None
Building Area Total: 2254
Levels: One
Window Features: Blinds, Sliding
Construction Materials: Block
Patio and Porch Features: Covered, Patio, Screened
Pool Features: In Ground
Pool is Private
Lot Features: LessThanQuarterAcre
Lot Size Area: 3049.2
Lot Size Units: Square Feet
Lot Size Acres: 0.07
Lot Size Square Feet: 3049.2
Water Source: Public
Financial Details
Tax Assessed Value: $623,435
Tax Annual Amount: $11,531
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, CommonAreas
HOA/Condo/Coop Amenities: Gated
HOA Fee: $846
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Boca Del Mar
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Listed by: Mitchell S Stiel
Eleanor Ager Realty Inc.
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26040895
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.
Eleanor Ager Realty Inc.
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26040895
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017