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Apartment Building with Rooftop Decks
For Sale
$13,995,000

3770 County Line Road, Tequesta, FL 33469

TOWNHOME - Tequesta, FL

Property Size32,302 SF
Lot Size1.54 Acres
Price / SF$433.25
Days on Market61

Property Features for 3770 County Line Road

General Information

Property type Residential
Property subtype Quadruplex
Zoning R2
Bedrooms 8
Full bathrooms 6
Rooms Bedroom 8, Bathroom 2, Bathroom 6, Bathroom 1, Bedroom 2, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 7, Bedroom 5, Bedroom 1, Bedroom 4, Bathroom 5
Spa 1
Patio and Porch features Patio, Deck
Pets allowed No, Yes
Pool private 1
Exterior features Balcony, Lighting, Private Rooftop Terrace
Fencing Fenced
Subdivision BELLA VILLAGGIO
View Ocean
Elementary school Jupiter
Middle school Jupiter
High school Jupiter
Standard status Active
APN 60434030600010000
Size 32,302 SF
Lot size 1.54 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BELLA VILLAGGIO TR A K/A ALL OF PLAT
Tax Annual Amount 162708
Legal Description BELLA VILLAGGIO TR A K/A ALL OF PLAT

Utilities

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

Amenities

private rooftop deck
10-foot high ceilings
stainless steel appliances
quartz countertops
porcelain backsplashes
metal roofs
hurricane impact windows and doors
tankless water heaters
natural gas

Building Details

Year built 2017
Floors in Building 3
Number of units 4
Flooring type Tile
Building materials CBS, Concrete Block - With Stucco
Roof type Metal
Listing Agency: Compass Florida LLC
Listed By: Sean Mooney · License #3366223
Added: Jun 4 Changed: Jul 31 Last Checked: Aug 3 at 9:06PM
MLS# B26037148

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.

Investment Insights

Based on property information with market context.

Bella Villaggio is a sixteen-unit luxury townhome complex built in 2017, consisting of three separate buildings (A, B, and C) on a 1.54-acre site. The community totals 32,302 square feet across all sixteen townhomes and includes 70+ parking spaces. Each townhome features a two-car garage with a private driveway and a designated rooftop deck/terrace.

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
32,302 SF · lease $29.28/SF/yr · vacancy 4.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$7.10M
$6.21M – $8.28M (±1% cap)
NOI $496,783 @ 7.0% cap · market cap 3.55%
Second Best
no second resolved use
Theoretical Best
Office A
$22.75M
$19.91M – $26.54M (±1% cap)
NOI $1,592,421 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Catering Service Bakery Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby

Demographics for 33469, FL

15,101
Population
8,284
Households
1.8
Avg Household Size
55
Median Age
50%
College-Educated
97%
High-School Grad
10.8 sq mi
ZIP Area
1,398
Density / Sq Mi
$103,489
Median Household Income
$58,016
Median Earnings
$1,786
Median Rent
$552,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - R-2 zoned sixteen-unit townhome complex built in 2017 with private rooftop decks, garages, pool, and spa.
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 $13,995,000.
What are key features of this property?
This property features: 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
More about this property
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