3770 County Line Road, Tequesta, FL 33469
TOWNHOME - Tequesta, FL
Property Features for 3770 County Line Road
General Information
Taxes and HOA fees
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
Buildings A and B include five townhomes each, for a total of ten, with larger four-bedroom, three-bath floor plans. Building C contains six three-bedroom, two-and-one-half-bath townhomes. Exterior details include metal roofs, and the homes are constructed with CBS (concrete block) with stucco, with tile flooring throughout. The complex is fenced and includes lighting.
The property has natural gas throughout, including fully plumbed natural gas and gas-powered tankless water heaters, along with fully hurricane impact windows and doors and 10-foot high ceilings. Heating and cooling are electric, with central air and ceiling fans.
Zoning is R-2, which allows short-term rentals; vacation rental permits must be obtained from the Village of Tequesta Building Department prior to commencing vacation rentals. The complex includes a private pool and spa.
Key Highlights
- 1.54‑acre site with 16 townhomes totaling 32,302 SF
- Built in 2017 with metal roofs and CBS (concrete block) with stucco construction
- Three buildings A, B, and C: A & B have 5 each; C has 6 townhomes
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $945.8k | $29.28 |
| − Vacancy | −$42.6k | −$1.32 |
| EGI | $903.2k | $27.96 |
| − OpEx | −$406.5k | −$12.58 |
| NOI | $496.8k | $15.38 |
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Demographics for 33469, FL
Market
Vacancy Rate% for Multifamily in South region