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640 SE 2nd Ave, Boynton Beach FL 33435,Boynton Beach,Palm Beach County,Residential Income

$ 5,950,000
640 SE 2nd Ave, Boynton Beach FL 33435, ,
Active

Overview

  • Updated On:
  • October 17, 2024
  • 17,726 ft2

Description

The Palms is a prime opportunity to purchase a 24 unit garden-style community located in Boynton Beach, Florida just steps from the beach! The Palms is comprised (20) 1br/1ba, (4) 2br/2ba, a separate cbs building which can be converted to storage, or additional unit(s). The property benefits from excellent walkability to the beach, Boynton Harbor Marina and restaurants. The Boynton Beach neighborhood has seen tremendous growth with its favorable location and close proximity to Downtown Delray Beach and West Palm beach. With its prime location and solid structure, The Palms delivers a competitive product to the market, capable of outperforming comparable options within the growing segment and positioning itself as a generational asset. New Roof 2024, Hurricane Impact Doors, Light Value Add

Address: 640 SE 2nd Ave, Boynton Beach FL 33435
Area:
State/County:
Zip: 33435
Country: United States
Open In Google Maps
Property Id : 207061
Price: $ 5,950,000
Property Size: 17,726 ft2
ArchitecturalStyle: Detached
BridgeModificationTimestamp: 2024-10-17T16:12:03.287Z
BuildingAreaTotal: 17726
BuildingAreaUnits: Square Feet
BuildingName: LAWNS
ContractStatusChangeDate: 2024-06-24
Cooling: Ceiling Fan(s),Central Air
DaysOnMarket: 115
Directions: East of US 1 just south of Ocean Ave in Boynton Beach.
DocumentsAvailable: Copy Of Lease(S),Other Available Information,Rent Rolls
Flooring: Tile
Heating: Central
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: A-Miami Association of REALTORS
ListAgentDirectPhone: 954-573-4449
ListAgentEmail: ashapiro@onecommercialre.com
ListAgentFullName: Alexis Shapiro
ListAgentKey: 3e49953067abb2ac39a598a15fed3ea7
ListAgentMlsId: 3346131
ListAgentOfficePhone: 305-666-0562
ListAgentStateLicense: 3346131
ListOfficeFax: 305-666-4187
ListOfficeKey: bfe95155cb757cf9109f6b725fe890e9
ListOfficeMlsId: ONEC01
ListOfficeName: ONE Commercial LLC
ListOfficePhone: 305-666-0562
ListingAgreement: Exclusive Agency
ListingContractDate: 2024-06-24
ListingId: A11612078
ListingKeyNumeric: 397541159
ListingTerms: All Cash,Conventional
LivingAreaUnits: Square Feet
LotFeatures: 3/4 To Less Than 1 Acre Lot
LotSizeSquareFeet: 0
LotSizeUnits: Square Feet
MIAMIRE_LPAmtSqFt: 335.6651
MIAMIRE_RATIO_CurrentPrice_By_SQFT: 335.67
MIAMIRE_Style: Fourplex
MIAMIRE_TypeofAssociation: None
Other Features
Has Cooling System
Has Heating System
$ 30,506.83
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 23,069.33

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David Morales