Fantastic investment opportunity with a long term tenant in place generating 9.5% CAP. This updated 2 bedroom 1 bath unit located close to Florida Atlantic University, businesses and shopping; and only 10 min drive to the Beach. Low maintenance Boutique building with only 29 units allows to rent right away. 1 assigned parking space plus guest parking available.
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms On Main Level: 2
Heating and Cooling
- Cooling Features: Central Cooling
- Heating Features: Central Heat
Bathrooms
- Full Bathrooms: 1
- Bathrooms On Main Level: 1
Exterior and Lot Features
Garage and Parking
- Open Parking Spaces: 2
- Parking Features: 1 Space, Assigned Parking, Guest Parking
Amenities and Community Features
Homeowners Association
- Association: Yes
- Association Fee: 498
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 498
- Pet Description: No Dogs
Condo Info
- Unit Floor In Building: 2
Multi-Unit Info
Other Property Info
- Annual Tax Amount: 3069
- Source Listing Status: Active
- County: Palm Beach County
- Tax Year: 2024
- Source Property Type: Condo/Co-Op/Villa/Townhouse
- Area: 4250
- Property Subtype: condo
- Source Neighborhood: Boca Cerro Condo
- Parcel Number: 06434718070000280
- Subdivision: Boca Cerro Condo
- Property Subtype: Condo
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 750
- Year Built: 1981
- Construction Materials: Concrete Block Construction
- Property Age: 44
- Structure Type: Condo 1-4 Stories
- Year Built Details: Resale
Home Features
- Other Equipment: Electric Range, Refrigerator