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Karina Marx

karina.marx@engelvoelkers.com +1(786) 999-4504

$ 5,950,000

Est. payment -/mo

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Active

640 SE 2nd Ave Boynton Beach, FL 33435

17,726 SqFt

UPDATED:

10/17/2024 04:09 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 17,726 sqft

Price per Sqft $335

Subdivision Lawns

MLS Listing ID A11612078

Style Fourplex

Construction Status Effective Year Built

HOA Y/N No

Year Built 1967

Annual Tax Amount $65,216

Tax Year 2024

Property Description

The Palms is a prime opportunity to purchase a 24 unit garden-style community located in Boynton Beach, Florida just steps from the beach! The Palms is comprised (20) 1br/1ba, (4) 2br/2ba, a separate cbs building which can be converted to storage, or additional unit(s). The property benefits from excellent walkability to the beach, Boynton Harbor Marina and restaurants. The Boynton Beach neighborhood has seen tremendous growth with its favorable location and close proximity to Downtown Delray Beach and West Palm beach. With its prime location and solid structure, The Palms delivers a competitive product to the market, capable of outperforming comparable options within the growing segment and positioning itself as a generational asset. New Roof 2024, Hurricane Impact Doors, Light Value Add

Location

State FL

County Palm Beach

Community Lawns

Area 5004

Direction East of US 1 just south of Ocean Ave in Boynton Beach.

Interior

Heating Central

Cooling Central Air, Ceiling Fan(s)

Flooring Laminate, Tile

Exterior

Exterior Feature Security/High Impact Doors

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Flat,Tile

Total Parking Spaces 36

Building

Lot Description <1 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Effective Year Built

Others

Tax ID 08434527040000260

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by ONE Commercial LLC

Karina Marx

Broker Associate | License ID: IA.100089820

+1(786) 999-4504

Karina Marx

640 SE 2nd Ave Boynton Beach, FL 33435

Key Details

Location

Interior

Exterior

Building

Others

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640 SE 2nd Ave