Address
Not Disclosed Boca Raton, FL
Price
$ 3,000,000
Property Attributes
  • MLS#RX-10723985
  • TypeCommercial
  • CountyPALM BEACH
  • CityBoca Raton
  • NeighborhoodBoca Raton Hills
  • Zip33432
  • StyleIncome
  • Year Built1975
  • Taxes$ 15129
  • Price$ 3,000,000
  • Bedrooms0
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage8206
Listing Provided Courtesy Of:
Champagne & Parisi Real Estate
Data Source:
Beaches MLS
Property Description

Boca Dupes3 duplexes with extra land in back. Great development play. Located by downtown Boca.totally renovated hurricane impact washer/dryer in every unit Ample parking.extra land in rear of property.fire sprinklers.Collect on net lease for the next 8 years whilst preparing for a redevelopment/density increase.Rent = $15,400 /mo = $184,800 / yearTaxes = $15,129Insurance = $11,394NOI = $158,2773% annual bumpsBldg 1- two 2bed 2 bathBldg 2- one 3bed 2 bath and one 2bed 2 bathBldg 3- two 3bed 2 bath

Price History
6/14/2021 Listed $3,000,000

General Features

Auction No
Built Desc Resale
Cooling Central, Electric
Flooring Tile
For Lease No
Heating Central, Electric
Legal Description BOCA RATON HILLS SEC 1 LT 6 (LESS NLY 70 FT & SELY 11.97 FT) & NWLY 8.64 FT OF LT 7 BLK 7
Possession Funding, Subject to Lease
Property Type E
Roof S-Tile
Status Active
Stories 1.0
Subdivision BOCA RATON HILLS
Tax Year 2020
Tenant Pays Common Area Maint., Electric, Repairs, Water
Terms Considered Cash, Conventional, Exchange
Type MultiFamily (5+ Units)
Type Of Building Free Standing, Income, Resident. Single Fam
Use Income
Utilities Cable, Electric, Public Sewer, Public Water
Virtual Tour https://www.propertypanorama.com/251-NW-4th-Avenue-Boca-Raton-FL-33432/unbranded
Waterfront No
Year Built 1975
Zoning R2(cit

Interior Features

Total Number of Units 6

Exterior Features

Sale Includes Building and Land
Lot Size 0.78
Property Desc 3 duplexes plus land

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33432

Price
AVG $370K
$3M
Taxes
AVG $321,891
$15,129
Visits
AVG 43
26
Year Built
AVG 1979
1975

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