401 SE 23rd Ave - Apartments FOR SALE


Boynton Beach, FL 33435- Outer Boynton Beach
$1,100,000 USD
786-985-1374
401 SE 23rd Ave, Boynton Beach, FL for Sale
$1,100,000 USD
Apartments - FOR SALE
1/17
null | 5.73% Cap Rate

401 SE 23rd Ave
Boynton Beach, FL 33435
Outer Boynton Beach


OVERVIEW

Fully renovated 4-unit CBS East Boynton, minutes to the beach and US-1. Mix: (2) 2BR/1BA + (2) studios. 2021–2025 upgrades: full interior renovations (kitchens/baths/flooring/appliances), complete electrical, new A/Cs, exterior paint, fencing, landscaping, parking resurfacing under permit. Current income $81,100, NOI $63,017 Cap Rate 5.73%. Available alone or with adjacent 333-337 SE 23rd (MLS #A11892514) for scale. Offering Memorandum available upon request

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$138 USD /SF

# OF UNITS

6

PRICE/UNIT

$183,333

CAP RATE

5.73%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 unit multifamily fully redone

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

C2

APN/PARCEL ID

08-43-45-33-06-000-0100

ASK ABOUT THIS PROPERTY

Eric AmsallemFlorida InvestMore Info
786-985-1374

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Eric AmsallemFlorida InvestMore Info
786-985-1374

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.