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    3770 County Line Road Tequesta, FL 33469

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    Claim this Listing
    For Sale
    $13,990,000

    MULTI_FAMILY - Tequesta, FL

    Lot size:
    1.54 Acres
    Added:
    Oct 4, 2025
    Days on Market:
    197
    Last Refresh:
    Apr 18 at 7:06 am

    Property Features for 3770 County Line Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R2
    Bathrooms
    48
    Rooms
    Bathroom 27, Bathroom 40, Bathroom 10, Bathroom 44, Bathroom 11, Bathroom 4, Bathroom 22, Bathroom 16, Bathroom 7, Bathroom 24, Bathroom 47, Bathroom 13, Bathroom 20, Bathroom 26, Bathroom 39, Bathroom 41, Bathroom 12, Bathroom 9, Bathroom 35, Bathroom 36, Bathroom 18, Bathroom 21, Bathroom 34, Bathroom 43, Bathroom 38, Bathroom 1, Bathroom 45, Bathroom 15, Bathroom 5, Bathroom 25, Bathroom 31, Bathroom 3, Bathroom 30, Bathroom 14, Bathroom 23, Bathroom 2, Bathroom 33, Bathroom 48, Bathroom 46, Bathroom 28, Bathroom 6, Bathroom 17, Bathroom 8, Bathroom 19, Bathroom 42, Bathroom 32, Bathroom 29, Bathroom 37
    Standard status
    Active
    APN
    60434030600010000
    Lot size
    1.54 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    BELLA VILLAGGIO CONDO UNIT A1-A5 BLDG A, UNIT B1-B5 BLDG B, UNIT C1-C6 BLDG C
    Tax Annual Amount
    162708

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    2017
    Floors in Building
    3
    Number of units
    16
    Flooring type
    Tile
    Building materials
    CBS
    Roof type
    Metal

    We can help!

    Listing Contact
    Sean Mooney

    Listing agent Sean Mooney License #3366223

    Listing office Compass Florida LLC 403 N Swinton Avenue, Miami Beach, FL

    Listing date Oct 4, 2025

    MLS# R11129553

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Luxury Townhome Complex in Tequesta

    This is a unique opportunity to acquire Bella Villaggio, a sixteen-unit luxury townhome complex located in the heart of Tequesta, Florida. Constructed in 2017, these townhomes feature high-end finishes. The oversized units average over 2,000 air-conditioned square feet. Each unit includes a two-car garage, a designated driveway, and a private rooftop deck. The property is situated on a 1.54-acre lot and is zoned R2. The property is located at 3770 County Line Road, Tequesta, FL 33469.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tequesta
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0895222
    Latitude
    26.9701683

    Nearby Similar for Sale

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      Luxury Townhome Complex in Tequesta

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    FAQs

    What type of property is this?
    Apartment building - Sixteen luxury townhomes with rooftop decks in Palm Beach County.
    Where is this apartment building located?
    The property is located at 3770 County Line Road Tequesta, FL.
    What is the asking price?
    The asking price for this property is $13,990,000.
    What are key features of this property?
    This property features: Luxurious 16‑unit townhome complex in Tequesta, Palm Beach County.; Built in 2017 with high‑end finishes and attention to detail.; Oversized units averaging over 2,000 sq ft of air‑conditioned space.
    (561) 789-7208
    We can help!
    Listing Contact
    Sean Mooney
    Real Estate License ID: 3366223
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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