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.
Property Details
Price:
$870,000
MLS #:
RX-10671733
Status:
Active
Address:
639 E Ocean Avenue
Type:
Commercial
City:
Boynton Beach
Listed Date:
Nov 16, 2020 (597 days)
State:
FL
ZIP:
33435
Subdivision:
FIRST FINANCIAL PLAZA CONDO
Lot Size:
87,120 sqft / 2.00 acres (approx)
Year Built:
1980
Schools
Interior
Cooling
Central Individual
Flooring
Ceramic Tile
For Lease
No
Heating
Central Individual
Exterior
Min Lease Months
1.00
Roof
Comp Rolled
% Air Conditioned
100.00
Financial
Utilities
Public Sewer, Public Water
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Jimmy has been helping buyers and sellers find their dream homes since 2009. With over 1,000 properties sold and hundreds of happy clients, Jimmy is the first and only realtor you should contact if you are in Palm Beach, Broward or Miami Dade county.
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Listing courtesy of Highlight Realty Corp/LW, (561)–641–6787
© 2022 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2022-07-06.
© 2022 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2022-07-06.
639 E Ocean Avenue
Boynton Beach, FL