Bought with Coldwell Banker/ BR
$2,600,000
$3,000,000
13.3%For more information regarding the value of a property, please contact us for a free consultation.
15 Baths
6,750 SqFt
SOLD DATE : 02/05/2024
Key Details
Sold Price $2,600,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 6,750 sqft
Price per Sqft $385
Subdivision Boca Raton Square Gateway
MLS Listing ID RX-10849239
Sold Date 02/05/24
Construction Status Resale
Year Built 1974
Annual Tax Amount $17,639
Tax Year 2022
Lot Size 0.380 Acres
Property Description
GREAT OPPORTUNITY TO OWN A COMPLETELY REMODELED 6 UNIT APARTMENT COMPLEX IN A GREAT LOCATION IN EAST BOCA RATON NEW KITCHENS, NEW BATHROOMS, FLOORING, ELECTRIC, IMPACT HURRICANE WIDOWS, ALL UNITS HAVE WASHER & DRYER, ETC... THERE ARE FOUR APARTMENTS THAT ARE 3 BEDROOMS & 3 BATHROOMS, ONE APARTMENT THAT IS A 2 BEDROOM & 2 BATH AND ONE APARTMENT THAT IS A 1 BEDROOM & 1 BATHROOM. GREAT LOCATION CLOSE TO ROYAL PALM PLAZA & MIZNER PARK W/ SHOPPING & RESTAURANTS. FRESH MARKET AND PUBLIX RIGHT DONE THE STREET. ONE MILE TO THE BEACH. BEST SCHOOL DISTRIST IN BOCA RATON. $181,397.17 ANNUAL INCOME (RENT & FEES)$48,635.16 ANNUAL EXPENSESNOI $134,562.01
Location
State FL
County Palm Beach
Area 4290
Zoning R3(cit
Interior
Heating Central, Electric
Cooling Central, Electric
Flooring Ceramic Tile
Fireplaces Type Smoke Alarm
Exterior
Utilities Available Cable, Electric, Public Water
Roof Type Other
Building
Story 6.00
Foundation CBS, Stucco
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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