416 Circle Drive S, Boynton Beach, FL 33435 — MLS photo

Active · SingleFamilyResidence

$399,000

416 Circle Drive S, Boynton Beach, FL 33435

Beds: 3
Baths: 2
Living area: 1,212 sq ft
$ / sq ft: $329/sq ft
Year built: 2004
Lot size: 3,450 sq ft
HOA fee: —
Annual tax: $994

About this property

No HOA! This coastal charm is a short walk or bike ride to sandy beaches and scenic walking trails in the vibrant community of Boynton Beach. Nestled on a quiet, palm tree-lined street, this home offers an ideal blend of serene living with easy access to waterfront dining, parks and shopping. The close proximity to I-95 allows for an easy commute to West Palm Beach area attractions, or a quick trip to Miami. This Hillshire model home has privacy fencing, a generator plug, a widened/extended driveway in front of the garage that also has a side exit door. Newer appliances, hot water heater & AC. This could be the perfect location to run a short term rental (like AIRBNB), or to open an Assisted Living Facility, independent living facility, rehabilitation home or Adult Family Care Home!

Property location

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416 Circle Drive S, Boynton Beach, FL 33435

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Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Living area: 1,212 sq ft
Flooring: Ceramic Tile
Appliances: Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Refrigerator, Washer
Cooling: Central Air
Heating: Central
Interior features: Bedroom On Main Level, Main Level Primary, Tub Shower, Vaulted Ceilings, Attic, Bay Window

Exterior & Structure

Property type: SingleFamilyResidence
Year built: 2004
Stories: 1
Lot size: 3,450 sq ft
Architectural style: Garden Apartment, One Story
Roof: Composition, Shingle
Construction: CBSConcrete Block Structure, Block, Stucco
Exterior features: Fence, Storm Security Shutters
Pool: None

Parking

Garage spaces: 1
Covered spaces: 1
Parking features: Attached, Garage, One Space, Garage Door Opener

HOA, Community & Financials

Security: Security System, Security System Owned, Smoke Detectors
Pets allowed: No
Annual tax: $994
Subdivision: HAWKS LANDING
County: Palm Beach
Days on market: 359
MLS listing ID: R11129340
Listing status: Active

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Monthly HOA ($)

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Estimated monthly cash flow

$744

Cap rate: 7.9%
Net yield: 7.9%
Cash-on-cash return: 8.0%
Gross yield: 9.9%
Mortgage payment: $1,891/mo
Down payment: $99,750
Loan amount: $299,250
Annual NOI: $31,626

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