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$850,000
24 Days Online

405 SE 23rd Ave
Boynton Beach, FL 33435

For Sale|Multi-Family|Active
Subdivision:
Robinson
County:
Palm Beach
Call Now: 561-351-5096
Is this the home for you? We can help make it yours.
561-351-5096
405 SE 23rd Ave405 SE 23rd Ave405 SE 23rd Ave405 SE 23rd Ave
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Welcome to 405 SE 23rd Avenue, a stunning fully renovated and stabilized triplex property in the heart of Boynton Beach. This property has undergone significant renovations in 2022-2023 totaling more than $80,000, making it an ideal investment opportunity. Brand new facade, fence, electrical and plumbing systems, central AC, and parking. Each unit boasts modern finishes, and the unit mix includes one (1) 1-Bed/1-Bath unit and two (2) 2-Bed/1-Bath units (some with washer & dryer) leased at market rate rents, generating a net operating income of $44,167 with a solid turnkey cap rate of 5.20% with the potential to increase the annual rents to $69,000, Great location in Boynton Beach, this is an investment you don't want to miss. Offering Memorandum available on request.

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Listing Snapshot
Price 
$850,000
Days Online 
24 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,100 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1973
MLS Number 
A11350438
Status 
Active
Property Tax 
$7,377
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS
4 weeks agoListing first seen online
General Features
Number Of Stories 
1
Sewer 
Public Sewer
Construction 
Block
Parking Spaces 
8
Number of Stories 
1
Zoning 
C2 (city
Property Sub Type 
Triplex
Utilities 
Cable Available
Interior Features
Cooling 
Central Air
Heating 
Heat Pump
Flooring 
OtherParquetTile
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Exterior Features
Lot 
Item14 Acre
Roof 
Other
Waterfront 
No
Pool Features 
None
Waterfront Property 
No
Community Features
MLS Area 
4330
Listing courtesy of Beachfront Realty Inc

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2023, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
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