163 River Drive, Tequesta, FL 33469 — MLS photo

Active · SingleFamilyResidence

$6,950,000

163 River Drive, Tequesta, FL 33469

Beds: 4
Baths: 4
Living area: 3,577 sq ft
$ / sq ft: $1,943/sq ft
Year built: 1965
Lot size: —
HOA fee: —
Annual tax: $70,589

About this property

This chill vibe coastal retreat on the Loxahatchee river offers panoramic wide water views and conveniences by land and sea! More than a dozen restaurants are just a 10-15 minute boat ride away. This Tequesta Country Club residence sits on a private .44 acre lot and offers 4 spacious bedrooms + a den, soaring tongue and groove ceilings, open floor plan, and an updated chef's kitchen. Enjoy the laidback lifestyle from the private pool, or under the shaded tiki-bar. Enjoy your private dock and boat slip with 16,000lb lift. Take advantage of all that the Village of Tequesta has to offer, from beautiful beaches, world renowned Golf courses, casual and luxury dining, Tequesta's newly redesigned Constitution Park and more!

Property location

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163 River Drive, Tequesta, FL 33469

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Facts & features

Interior

Bedrooms: 4
Bathrooms: 4
Living area: 3,577 sq ft
Flooring: Hardwood, Tile, Wood
Appliances: Built In Oven, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling: Central Air, Ceiling Fans
Heating: Central, Electric
Interior features: Bedroom On Main Level, French Doors Atrium Doors, High Ceilings, Kitchen Island, Main Level Primary, Main Living Area Entry Level, Vaulted Ceilings

Exterior & Structure

Property type: SingleFamilyResidence
Year built: 1965
Stories: 1
Architectural style: One Story
Roof: Metal
Construction: CBSConcrete Block Structure, Block, Frame, Stucco
Exterior features: Fence
Pool: Pool, Private
Waterfront: River Front, Seawall
View: River, Water

Parking

Garage spaces: 3
Covered spaces: 3
Parking features: Attached, Driveway, Garage, Golf Cart Garage, Paver Block, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Amenities: Boat Dock, Pool
Security: Lobby Secured, Security System
Pets allowed: No
Annual tax: $70,589
Subdivision: TEQUESTA COUNTRY CLUB
County: Palm Beach
Days on market: 154
MLS listing ID: B26031098
Listing status: Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

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Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

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Estimated monthly cash flow

-$19,887

Cap rate: 2.3%
Net yield: 2.3%
Cash-on-cash return: -12.3%
Gross yield: 4.4%
Mortgage payment: $32,947/mo
Down payment: $1,737,500
Loan amount: $5,212,500
Annual NOI: $156,712

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.