3770 County Line Road, Tequesta, FL 33469 (MLS# R10867914)

3770 County Line Road, Tequesta, FL 33469

$15,000,000
Property Type: Commercial Sale Lot Size (sq. ft.): 67,082 Status: Closed
Current Price: $15,000,000 List Date: 2/21/2023 Last Modified: 3/15/2026

Overview

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.

Supplements: Tequesta has no restrictions against vacation rentals so this property provides investors the opportunity to continue utilizing ABNB & VRBO or can be easily converted to 100% long term leases. Each unit in the complex is separately deeded as a condo, which provides the ability to liquidate a portion of the units while still controlling the condo as ...

Listing Details MLS# R10867914

General Property Information

Property Sub Type
Multi Family
Building Area Source
Builder
Year Built
2017
Lot Size Area
67082.4
Lot Size Acres
1.54
Stories
3

Property Features

Business Type: Commercial; Other Documents Available: Aerial Photo(s); Bylaws & Documents; Existing Survey; Financial Statement Flooring: Tile; Vinyl Heating: Central; Electric Possession: Negotiable Property Condition: Resale Sale Includes: Building; Fixtures; Land Tenant Pays: Cable TV; Electricity; Water Construction Materials: CBS Cooling: Central Air; Electric Listing Terms: Cash; Conventional Roof: Metal Security Features: Fire Sprinkler System; Smoke Detector(s) Sewer: Public Sewer Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany Contingencies: None

Contract Information

Comp Sale YN
No
Listing Contract Date
2023-02-21
Original List Price
15995000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
3770
Street Name
County Line
Street Suffix
Road
City Name
Tequesta
State Or Province
FL
Postal Code
33469
Area
5060
Geographic Area
PB32
Parcel Number
60434030600010000
Zoning
R2
Directions
NORTH ON FEDERAL HWY. TURN LEFT ONTO COUNTY LINE RD. BELLA VILLAGGIO IS ON THE LEFT.
Property Description
16 UNIT MULTIFAMILY

Financial Information

Tax Annual Amount
2
Tax Year
2022
Tax Legal Description
BELLA VILLAGGIO TR A K/A ALL OF PLAT

Remarks and Miscellaneous

Public Historical Remarks
Building Type: Y

More Information

Status Change Information

Major Change Timestamp
2023-11-15T22:32:31Z
Major Change Type
Status Change
Status Change Date
2023-11-15
Under Contract Date
2023-07-12
Close Date
2023-11-10
Close Price
15000000
Buyer Financing
Conventional

Building and Property Details

# Of Toilets
48
% Air Conditioned
100
Maximum Ceiling Height
9

Price Calculations

Original List Price To Close Price
1.06

Originating Details

Originating System Key
20230220010705219768000000
Originating System ID
M00000170

Currently Not Used

Number Of Units Total
16

Office/Member Information

DXORIGMLSID
RML

Flooring

Tile
Yes
Vinyl
Yes

Property Condition

Resale
Yes

Documents Available

Aerial Photo(s)
Yes
Bylaws & Documents
Yes
Existing Survey
Yes
Financial Statement
Yes
Photos
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Water
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Business Type

Commercial
Yes
Other
Yes

Heating

Central
Yes
Electric
Yes

Sale Includes

Building
Yes
Fixtures
Yes
Land
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Metal
Yes

Security Features

Fire Sprinkler System
Yes
Smoke Detector(s)
Yes

Water Source

Public
Yes

Cooling

Central Air
Yes
Electric
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Listing Agent Must Accompany
Yes

Contingencies

None
Yes

Documents

Listing Office: Coldwell Banker Hometown Real Estate
IDX
Last Updated: March - 15 - 2026
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