Bought with Compass Florida, LLC.
$15,000,000
$15,995,000
6.2%For more information regarding the value of a property, please contact us for a free consultation.
48 Baths
1.54 Acres Lot
SOLD DATE : 11/10/2023
Key Details
Sold Price $15,000,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Subdivision Bella Villaggio Condo
MLS Listing ID RX-10867914
Sold Date 11/10/23
Construction Status Resale
Year Built 2017
Annual Tax Amount $2
Tax Year 2022
Lot Size 1.540 Acres
Property Description
RARE opportunity to own a sixteen (16) unit multifamily complex in the heart of Tequesta, FL. Built in 2017, Bella Villaggio consists of sixteen separately deeded townhouses featuring three separate buildings (A, B, and C). Buildings A and B (10 total units) feature 4BR, 3BA units with approximately 2,200 Living SF each. Building C (6 units) features 3 BR, 2.5BA units with approximately 1,700 Living SF each. Every unit has Hurricane Impact windows & doors, natural gas, a roof top deck, two car garage, and a metal roof (50+ year life). The community also features a community pool and is located less than two miles from the ocean and is just north of the Jupiter Inlet. Bella Villaggio currently has nine annual leases in place with seven units being operated as vacation rentals.
Location
State FL
County Palm Beach
Area 5060
Zoning R2
Interior
Heating Central, Electric
Cooling Central, Electric
Flooring Tile, Vinyl Floor
Fireplaces Type Smoke Detector, Sprinkler
Exterior
Utilities Available Public Sewer, Public Water
Roof Type Metal
Building
Story 100.00
Foundation CBS
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "