600 SW 2nd 2390 Avenue 2390, Boca Raton, FL 33432 — MLS photo

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600 SW 2nd 2390 Avenue 2390, Boca Raton, FL 33432

Active · Condominium

$148,000

600 SW 2nd 2390 Avenue 2390, Boca Raton, FL 33432

Beds
1
Baths
1
Living area
512 sq ft
$ / sq ft
$289/sq ft
Year built
1971
Lot size
—
HOA fee
$578 Monthly
Annual tax
$2,269

About this property

Great 1 BR apartment in the heart of downtown Boca Raton! Great investment opportunity. Tenant pays $1500. Cap rate 5%. Located just a walk away from Mizner Park, IPIC movie theater, post office, restaurants shops, and next to the future Boca Raton Brightline station. The unit is 1 bedroom, 1 bathroom, with a spacious living area, updated bathroom, and plenty of storage. The kitchen & appliances are in great condition. These buildings have common laundry on each floor, and this unit is located just a steps away from the shared laundry facility making it very convenient. The unit comes with one assigned parking space, and there is plenty of guest spaces.

Property location

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600 SW 2nd 2390 Avenue 2390, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
512 sq ft
Appliances
Dishwasher, Electric Water Heater, Disposal, Refrigerator
Cooling
Electric
Heating
Central
Interior features
Closet Cabinetry, Tub Shower
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1971
Stories
2
Lot size
0 sq ft
Construction
Other
Exterior features
None
Pool
None, Association, Community

Parking

Covered spaces
0
Parking features
Assigned, Guest

HOA, Community & Financials

Association fee
$578 Monthly
Amenities
Pool, Trails
Security
Smoke Detectors
Pets allowed
No
Annual tax
$2,269
Subdivision
BOCA TOWNE CENTRE CONDO
County
Palm Beach
Days on market
405
MLS listing ID
R11108882
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$373

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.8%
Gross yield
10.8%
Mortgage payment
$702/mo
Down payment
$37,000
Loan amount
$111,000
Annual NOI
$3,948

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.