639 E Ocean Avenue Boynton Beach FL 33435 | MLS RX-10671733

639 E Ocean Avenue
Boynton Beach, FL, 33435
$1,000,000
Beds
Baths
0 SqFt
2 Acres
Great Investment. Fully rented at $1700/month. 1200 Sq Ft open floor plan. 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 5 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 6.25% CAP Rate until buyout offer comes

Property Details

Price:
$1,000,000
MLS #:
RX-10671733
Status:
Active
Address:
639 E Ocean Avenue
Type:
Commercial
City:
Boynton Beach
Listed Date:
Nov 16, 2020 (256 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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