$1,250,000
Boynton Beach, FL 33435
MLS# R10376120
Status: Closed
9047 sqft
1 / 1
Property Description
CASH COW - FOR SALE Eight (8) Single Family Homes. 100% rented. All located within 1 square mile (12 city blocks) in Boynton Beach FL 33435, all east of 95 $11,087 income / month (financials to back) $1.5M - 7.5% cap rate after tax Total sf 13,831SF, Under Air 9047 SF Bed/Bath/Garage is 23 / 13 / 3 Close to downtown activities, shopping, restaurants, marina, beach
Details
Contract Information
Comp Sale YN: No
Owner Phone: 561-317-1275
Listing Date: 2017-10-24
Status: Closed
Original List Price: 1620000
Sold Price: $1,250,000
Current Price: $1,250,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Boynton Beach
Postal Zip: 33435
Development Name: Boynton Beach
Geographic Area: PB12
Multiple Offers Accepted: Yes
Special Assessment YN: No
Street Number: 000
Street Name: Seacrest
State Or Province: FL
Postal Code: 33435
Subdivision Name: Boynton Beach
Area: 4340
Parcel Number: 000
Zoning: SF
Directions: Eastof95. South of Woolbright, north of Woolbright
General Property Information
Number Of Units Total: 8
Living Area Main: 13831
Senior Community YN: No
Stories: 1
Pool Private YN: Yes
Property Sub Type: Quadruplex
Building Area Main: 9047
Building Area Source: Public Records
Year Built: 1970
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2018-01-12T17:18:09Z
Major Change Type: Status Change
Price Change Timestamp: 2017-10-26T14:26:12Z
Status Change Date: 2018-01-12
Under Contract Date: 2018-01-01
Close Date: 2018-01-11
Close Price: 1250000
Association Amenities
None: 1
Electric
Three Phase: 1
Exterior Features
None: 1
Flooring
Ceramic Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Other: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Tenant Pays
Cable TV: 1
Electricity: 1
Insurance: 1
Water: 1
Possession
Subject To Tenant Rights: 1
Utilities
Cable Available: 1
View
Garden: 1
Heating
Central Individual: 1
Water Access
None: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Pool Features
In Ground: 1
Road Frontage Type
West of US-1: 1
Roof
Aluminum: 1
Mixed: 1
Income and Expenses
Annual Total Expense: 21417
Gross Income: 11287
Net Operating Income: 114027
Source Of Expenses
Owner Provided: 1
Cooling
Central Individual: 1
Showing Requirements
Call Listing Agent: 1
Call Owner: 1
Occupied: 1
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Contingencies
None: 1
Unit 1 Appliances
Disposal: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 2822
Baths Full: 2
Furnished: Unfurnished
SqFt: 2261
Unit 1 Other Equipment
Washer/Dryer Hookups: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Laundry Room: 1
Unit 2 Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Range: 1
Washer: 1
Unit 2 Details
Actual Rent: 2822
Baths Full: 2
Furnished: Unfurnished
SqFt: 2261
Unit 2 Other Equipment
Washer/Dryer Hookups: 1
Unit 2 Parking Details
Garage YN: Yes
Attached Garage YN: Yes
Unit 3 Details
Actual Rent: 2822
SqFt: 2261
Unit 4 Details
Actual Rent: 2822
SqFt: 2261
Price Calculations
Current Price To SqFt: 90.37
Original List Price To Close Price: 1.29
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 21417
Tax Year: 2016
Tax Legal Description: Eight (8) Single Family Homes in Boynton Beach downtown
Originating Details
Originating System Key: 20171024213027394870000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Other
Electric: Three Phase
Exterior Features: None
Flooring: Ceramic Tile
Property Condition: Resale
Tenant Pays: Cable TV; Electricity; Insurance; Water
Source Of Expenses: Owner Provided
Construction Materials: CBS
Cooling: Central Individual
Heating: Central Individual
Listing Terms: Cash
Pool Features: In Ground
Possession: Subject To Tenant Rights
Restrictions: No Restrictions
Road Frontage Type: West of US-1
Roof: Aluminum; Mixed
Tax Information: City/County
Utilities: Cable Available
View: Garden
Water Access: None
Showing Requirements: Call Listing Agent; Call Owner; Occupied
Unit 1 Appliances: Disposal; Microwave; Range; Refrigerator; Washer
Unit 1 Other Equipment: Washer/Dryer Hookups
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Laundry Room
Unit 2 Appliances: Dishwasher; Disposal; Microwave; Range; Washer
Unit 2 Other Equipment: Washer/Dryer Hookups
Contingencies: None
Acreage Description: Less Than 1/4 Acre Lot
Listing Office: Highlight Realty Corp/LW
Last Updated: August - 06 - 2026
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