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639 E Ocean Avenue , #202

Boynton Beach, FL 33435
  • $290,000
  • STATUS: Active
  • ON SITE: 1014 Days
  • ID#: RX-10628863
$290,000
  • 0
    BEDS
  • 2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1980
County:

School Ratings & Info

Description

Great Investment. Great Investment. 2 OF 3 units available fully rented at $1745, and $3568/month. 1200 Sq Ft open floor plan x 4. This boutique office building sits in the center of the flourishing Boynton Beach Downtown area with multiple future developments on the rise. Conveniently located next to restaurants, shopping, and residential dwellings, this completely renovated suite is an ideal location. Have 4 units for sale .Assoc pays water bill, sewer, trash, wind insurance, fire insurance, E&O insurance; Dues $600/quarter per unit. Flood insurance paid by unit owners with a mortgage.Owners pay electric and cable / phone. This land is a target for redevelopment.Make great CAP Rate until buyout offer comes. Seller will take BTC

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www.beachfrontpropertiesrealestate.com/homes/106638823
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639 E Ocean Avenue , #202 Boynton Beach, FL 33435

  • Price: $290,000
  • Status: Active
  • On Site: 1014 Days
  • ID#: RX-10628863
0
Beds
0
Baths
0
½ Baths
2
Acres
1980
Built
Neighborhood:
First Financial Plaza Condo
County:
Palm Beach
Area:
Boynton Beach
Property Description
Great Investment. Great Investment. 2 OF 3 units available fully rented at $1745, and $3568/month. 1200 Sq Ft open floor plan x 4. This boutique office building sits in the center of the flourishing Boynton Beach Downtown area with multiple future developments on the rise. Conveniently located next to restaurants, shopping, and residential dwellings, this completely renovated suite is an ideal location. Have 4 units for sale .Assoc pays water bill, sewer, trash, wind insurance, fire insurance, E&O insurance; Dues $600/quarter per unit. Flood insurance paid by unit owners with a mortgage.Owners pay electric and cable / phone. This land is a target for redevelopment.Make great CAP Rate until buyout offer comes. Seller will take BTC
Exterior Features

Miles To Beach 1 Roof Other

Interior Features

Bath Toilets 2.00 Cooling Central Individual Flooring Other Heating Central Individual Offices 35 Percent Air Conditioned 100.00

Property Features

Ann Assoc Condo Dues 200.00 Auction No Available Docs None Available Info None Built Desc Resale Contingents Financing Expenses Common Area Maint 2400.00 Fire Protection Smoke Alarm For Lease Yes For Sale Yes Lease Annual List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Meters 2.00 Monetary Info Gross Sched Income 20400.00 Monetary Info Source Of Expenses Books Monetary Info Total Expenses 2400.00 Monetary Info Vacancy Rate 0.00 Possession Negotiable Sale Includes None Tax Amount Real Estate Taxes 3302.80 Tax Year 2019 Tenant Pays CableElectric Terms Considered CashCryptocurrencyExchangeLease OptionLease Purchase Type Of Building CommercialCommercial CondoMedicalOffice SpaceOffice/ProfessionalOffice/Retail Use IncomeOtherProfessional Office Utilities Public Water Zoning Cbd(Ci

Listing provided courtesy of Highlight Realty Corp/Lw: [IDXCONTACTINFORMATION]. Listing information © 2023 BeachesMLS
 
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