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  3. 405 Se 23rd Ave Boynton Beach, FL - 33435-7290
  • MLS® #: A11350438
  • 405 Se 23rd Ave
  • Boynton Beach, FL 33435-7290
  • $850,000
  • 2,100 SqFt
  • Income

Actual Cap rate 6.06%, Pro forma Cap Rate 6,64%! Welcome to a stunning fully renovated and stabilized triplex property in the heart of Boynton Beach. This property has undergone significant renovations in 2022-2023 totaling more than $80,000, making it an ideal investment opportunity. Brand new facade, fence, electrical and plumbing systems, central AC, and parking. Each unit boasts modern finishes, and the unit mix includes one (1) 1-Bed/1-Bath unit and two (2) 2-Bed/1-Bath units (some with washer & dryer) leased at market rate rents, generating $66.000 Gross income and a net operating income of $48,183 with a solid turnkey Cap Rate of 6.06%. Upside on the rent with a potential cap rate of 6.43% and $51,093 net income. OFFERING MEMORANDUM AVAILABLE ON REQUEST.

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Essential Information

  • MLS® #A11350438
  • Price$850,000
  • CAD Dollar$1,163,098
  • UK Pound£667,085
  • Euro€783,518
  • Bathrooms0.00
  • Square Footage2,100
  • Year Built1973
  • TypeIncome
  • Sub-TypeTriplex
  • StatusPending

Community Information

  • Address405 Se 23rd Ave
  • Area4330
  • SubdivisionROBINSON
  • CityBoynton Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33435-7290

Amenities

  • UtilitiesCable Available

Interior

  • InteriorTile, Other, Parquet
  • HeatingHeat Pump
  • CoolingCentral Air
  • # of Stories1
  • StoriesOne

Exterior

  • RoofOther
  • ConstructionBlock
  • Office: Beachfront Realty Inc

Property Location

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405 Se 23rd Ave on www.jupiteroceanfronthomes.us

Offered at the current list price of $850,000, this home for sale at 405 Se 23rd Ave features 0 bedrooms and 0 bathrooms. This real estate listing is located in ROBINSON of Boynton Beach, FL 33435-7290 and is approximately 2,100 square feet. 405 Se 23rd Ave is listed under the MLS ID of A11350438 and has been on the Boynton Beach real estate market for 259 days.

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of May 26th, 2024 at 10:00am CDT (date/time).

All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 MLS of RAMB.

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