333-401 SE 23rd Ave Active

Boynton Beach,FL 33435

$ 2200000

- Bed

0 Bath

3827 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,827 sqft

Price per Sqft $574

MLS Listing ID A11892555

HOA Y/N No

Year Built 1972

Annual Tax Amount $14,788

Lot Size 0.259 Acres

Property Sub-Type Multi Family

Property Description

CRESTVIEW Apartments : Pool House, renovated 7-unit portfolio in Boynton Beach(333-335-337-401). Solid 1972 CBS with ample parking. Mix: one 3/2 with private pool, four 2/1 (two with backyards), and two studios. 2021–2025 improvements include full interior upgrades, electrical, new A/Cs, exterior/fencing/landscaping, resurfaced parking, and refreshed pool, Turnkey cash flow with rent-growth upside in a rising neighborhood. Current Income $169,500.00, Pro forma Income $185,400, NOI $118,622.99, Pro format NOI $125,262.99 NOI, Cap rate 5,40%, pro forma Cap Rate 5.70.
Offering Memorandum available upon request, read Broker Remarks.

Location

State FL

County Palm Beach

Area 4340

Direction From I-95, take Exit 57 (Boynton Beach Blvd) east to US-1. Turn right on S Federal Hwy, then left on SE 23rd Ave. CRESTVIEW Apartments (333–401 SE 23rd Ave) is ahead on the right.

Exterior

Private Pool Yes

Others

Tax ID 08434533030000220

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11892555

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