3770 County Line Road, Tequesta, FL 33469 (MLS# R10867914)
$15,000,000
Tequesta, FL 33469
MLS# R10867914
Status: Closed
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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.
Details
Documents
Contract Information
Comp Sale YN: No
Listing Contract Date: 2023-02-21
Status: Closed
Original List Price: 15995000
Sold Price: $15,000,000
Current Price: $15,000,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Tequesta
Postal Code: 33469
Geographic Area: PB32
Property Description: 16 UNIT MULTIFAMILY
Country: United States
Street Number: 3770
Street Name: County Line
Street Suffix: Road
State Or Province: FL
Area: 5060
Parcel Number: 60434030600010000
Zoning: R2
Directions: NORTH ON FEDERAL HWY. TURN LEFT ONTO COUNTY LINE RD. BELLA VILLAGGIO IS ON THE LEFT.
General Property Information
Number Of Units Total: 16
Lot Size Area: 67082.4
Stories: 3
Property Sub Type: Multi Family
Building Area Source: Builder
Year Built: 2017
Lot Size Acres: 1.54
Remarks and Miscellaneous
Public Historical Remarks: Building Type: Y
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
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
Flooring
Tile: 1
Vinyl: 1
Property Condition
Resale: 1
Documents Available
Aerial Photo(s): 1
Bylaws & Documents: 1
Existing Survey: 1
Financial Statement: 1
Photos: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Water: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Building and Property Details
# Of Toilets: 48
% Air Conditioned: 100
Maximum Ceiling Height: 9
Business Type
Commercial: 1
Other: 1
Heating
Central: 1
Electric: 1
Sale Includes
Building: 1
Fixtures: 1
Land: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Metal: 1
Security Features
Fire Sprinkler System: 1
Smoke Detector(s): 1
Water Source
Public: 1
Cooling
Central Air: 1
Electric: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Contingencies
None: 1
Price Calculations
Original List Price To Close Price: 1.06
Financial Information
Tax Annual Amount: 2
Tax Year: 2022
Tax Legal Description: BELLA VILLAGGIO TR A K/A ALL OF PLAT
Originating Details
Originating System Key: 20230220010705219768000000
Originating System ID: M00000170
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
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 association. Tequesta, FL is located in Northern Palm Beach County and has a population of approximately 35,700 within a three mile radius of the subject property as of 2022 with a median household income of $90,000+. Tequesta, FL is one town north of Jupiter, FL which is home to some of the world's most famous golfers and PGA pros whom reside in affluent communities such as The Bear's Club, Admiral's Cove, Frenchman's Creek, Frenchman's Reserve, PGA National, and more. Full financials available upon request.
Survey 
Listing Office: Coldwell Banker Hometown Real Estate
Last Updated: March - 15 - 2026
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