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639 E Ocean Avenue , 202, 406, 407

Boynton Beach, FL 33435
  • $870,000
  • STATUS: Active
  • ON SITE: 555 Days
  • MLS #: RX-10671733
UPDATED: 160 min ago
$870,000
  • 0
    BEDS
  • 2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,800
    SQFT
  • $181
    $/SQFT
Type:
Commercial
Built:
1980
County:

School Ratings & Info

Description

Great Investment. 3 units fully rented at $1745, and $3568/month. 1200 Sq Ft open floor plan x 3. 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 3 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.Corner of Ocean Avenue and Federal Hwy.Make great CAP Rate until buyout offer comes. Seller will take BTC payment.

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www.oldfloridadreamteam.com/homes/111938809
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639 E Ocean Avenue , 202, 406, 407 Boynton Beach, FL 33435

  • Price: $870,000
  • Status: Active
  • On Site: 555 Days
  • Updated: 160 min ago
  • MLS #: RX-10671733
0
Beds
0
Baths
0
½ Baths
2
Acres
4,800
SQFT
$181
$/SQFT
1980
Built
Neighborhood:
First Financial Plaza Condo
County:
Palm Beach
Area:
Boynton Beach
Property Description
Great Investment. 3 units fully rented at $1745, and $3568/month. 1200 Sq Ft open floor plan x 3. 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 3 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.Corner of Ocean Avenue and Federal Hwy.Make great CAP Rate until buyout offer comes. Seller will take BTC payment.
Exterior Features

Miles To Beach 1 Roof Comp Rolled

Interior Features

Bath Toilets 3.00 Cooling Central Individual Flooring Ceramic Tile Heating Central Individual Offices 35 Percent Air Conditioned 100.00 Unit1 Full Baths 1 Unit1 Unit Desc Suites Unit2 Full Baths 1 Unit2 Unit Desc Suites Unit3 Full Baths 1 Unit3 Unit Desc Suites Unit4 Full Baths 1 Unit4 Unit Desc Suites

Property Features

Ann Assoc Condo Dues 200.00 Auction No Available Docs Previous Title Available Info By-Laws & Docs Contingents Financing Fire Protection None For Lease No For Sale Yes Lease Month To Month List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Min Lease Months 1.00 Possession Negotiable Sale Includes Building And Land Tax Amount Real Estate Taxes 3302.80 Tax Year 2020 Tenant Pays CableElectric Terms Considered CashConventionalCryptocurrencyExchangeLease Purchase Type Of Building Office SpaceOffice/Retail Unit1 Ann Rent 20400.00 Unit2 Ann Rent 20400.00 Unit3 Ann Rent 20400.00 Unit4 Ann Rent 20400.00 Use Professional Office Utilities Public SewerPublic Water Zoning Cbd(Ci

Listing provided courtesy of Highlight Realty Corp/Lw. Listing information © 2022 BeachesMLS
 
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