$1,405,000
●
House -
Off Market
929 Fern Drive
Delray Beach, FL 33483
4 Beds
3 Baths
3,826 Ft²
$2,432,720
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
Newly priced for quick sale. Located on one of Tropic Isle's nicest
streets with mostly newer homes on this street. This large two
story home is nicely updated with all impact glass windows and
doors. All baths remodeled in 2015. Kitchen updated in 2015. New
carpet in 2017 & top of the line Carrier Multi-speed high
efficiency units. New roof in 2000, & new boat lift in 2014.
All closets have custom built-ins. PGT Hurricane windows & doors
replaced in 2007. Situated on a 100-110 foot wide canal, this home
will accommodate a very large watercraft. Located appx 5 miles from
the Boca Inlet & close to all the new shopping centers incl. Trader
Joe's. Close to downtown Atlantic Ave. and Delray's pristine
beaches.
Unit Size
3,826 Ft²
Days on Market
30 days
Land Size
0.21 acres
Price per sqft
$418
Property Type
House
Property Taxes
$924
HOA Dues
-
Year Built
1987
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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: 6 months ago (Beaches MLS #R10448792)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 28, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 18, 2018 | Listed by RE/MAX Services | $1,599,000 | |
| Listed by RE/MAX Services | |||
| | |||
|
Newly priced for quick sale. Located on one of Tropic Isle's nicest streets with mostly newer homes on this street. This large two story home is nicely updated with all impact glass windows and doors. All baths remodeled in 2015. Kitchen updated in 2015. New carpet in 2017 & top of the line Carrier Multi-speed high efficiency units. New roof in 2000, & new boat lift in 2014. All closets have custom built-ins. PGT Hurricane windows & doors replaced in 2007. Situated on a 100-110 foot wide canal, this home will accommodate a very large watercraft. Located appx 5 miles from the Boca Inlet & close to all the new shopping centers incl. Trader Joe's. Close to downtown Atlantic Ave. and Delray's pristine beaches.
| |||
| Jun 19, 2018 | Listed | $1,699,000 | |
| Listed | |||
| | |||
|
Just reduced! Deepwater Paradise is found in this 4 bed/ 3 bath pool home on an extra wide canal with 95 Ft of waterf frontage! No fixed bridges! Special features include: a dramatic double sided coral fireplace, impact windows, soaring ceilings, updated kitchen & baths, butler's pantry, eat-in kitchen, granite counter-tops, central vac system, and stainless appliances. There is a formal living room with a wet bar, and den with built-ins, huge upstairs family room with balcony overlooking the water, and a lavish master ensuite with plantation shutters. Truly a boaters dream with a dock, private Gazebo, boat lift, and inviting pool with spa. Florida living at its finest! The manager has listed the unit size as 3826 square feet.
| |||
| Jul 30, 2017 | Listed | $1,975,000 | |
| Listed | |||
| | |||
|
Deepwater Paradise is found in this 4 bed/ 3 bath pool home on an extra wide canal. No fixed bridges! Special features include: dramatic double sided coral fireplace, impact windows, soaring ceilings, updated kitchen & baths, butler's pantry, eat-in kitchen, granite counter-tops, central vac system, and stainless appliances. There is a formal living room with a wet bar, and den with built-ins, huge upstairs family room with balcony overlooking the water, and a lavish master ensuite with plantation shutters. Truly a boaters dream with a dock, private Gazebo, boat lift, and inviting pool with spa. Florida living at its finest!The manager has listed the unit size as 3826 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 Tropic Isle North
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Listed by: Anthony H Petrolia Jr.
RE/MAX Services
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10448792
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.
RE/MAX Services
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10448792
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