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916 Roberts Road
About This Property
This single-story home is livable today with strong short-term rental potential or future redevelopment. Located in unincorporated Palm Beach County with no mandatory HOA, no rental restrictions, builder-friendly county codes, county-only taxes, and public water/sewer. Sandy beaches, fine dining, shops & vibrant nightlife on Delray's Atlantic Ave awaits just 2.5 miles away. Some photos are virtually staged. Welcome to Tradewinds Estates, one of East Delray Beach's most sought-after Intracoastal neighborhoods, where quiet coastal living meets exceptional long-term upside. 916 Roberts Road presents a rare hybrid opportunity: enjoy the home now, generate rental income immediately, or plan a future luxury dream home.
For Sale for the first time since 1997, this 3-bedroom, 2-bath residence was completely reimagined and redesigned and renovated in 2006 with hurricane impact windows and doors, a 2006 roof, and a layout ideal for full-time living or short-term rental use. The home opens to a large, private, fenced backyard with a pool, spa, and waterfall, creating a true indoor-outdoor lifestyle. Enjoy water views and the sights and sounds of the Intracoastal Waterway, adding to the coastal ambiance without the cost or maintenance of direct frontage.
Tradewinds Estates is uniquely positioned in unincorporated Palm Beach County, offering advantages rarely found this close to the water with No mandatory HOA fees or rules, No rental restrictions (Airbnb/short-term friendly), Builder-friendly county codes (not subject to city restrictions), County-only property taxes and Public water & sewer.
With only one entrance, the neighborhood enjoys minimal traffic, a private feel, and a strong sense of community, while remaining just 2.5 miles to Atlantic Avenue, Delray Beach's award-winning dining, shopping, and nightlife, and minutes to the beach and Boca Raton.
Whether you are a homeowner seeking coastal living, an investor looking for immediate rental income, or a buyer planning to build a future luxury estate in a proven appreciation corridor, 916 Roberts Road delivers flexibility, lifestyle, and upside in one of the fastest-evolving neighborhoods in East Delray Beach. Some photos have been virtually staged.
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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.
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About Trade Winds Estates South
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$6,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017