Cays Realty
1940 SW 7th Place, Boca Raton, FL 33486 — MLS photo

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1940 SW 7th Place, Boca Raton, FL 33486

Active · SingleFamilyResidence

$1,990,000

1940 SW 7th Place, Boca Raton, FL 33486

Beds
4
Baths
4
Living area
3,317 sq ft
$ / sq ft
$600/sq ft
Year built
1987
Lot size
16,026 sq ft
HOA fee
$618 Monthly
Annual tax
$13,351

About this property

MOTIVATED SELLER! $450k PRICE REDUCTION. Rarely Available. 4 bedroom 3.5 Bath Custom Estate One Story Pool Home with Stunning Lake Views From Every Room. Over 3,300 sq ft of Living Space on a Private 16,000+ sq ft cul-de-sac. Enjoy Wide Lake Views. 100 feet of Dock Space. Private Backyard Perfect for Entertaining. Interior Features Include Soaring Ceilings, Split Bedroom Layout with 2 Primary Suites. Indoor Basketball Court & Weightlifting Gym. Boca Sailing & Racquet Club is an Exclusive Gated Community of 100 custom-built homes, known for its Oversized Lots & Natural Beauty. 24/7 secutiry. Community Amenities include Tennis & Pickleball Courts, a Clubhouse, a 45 acre lake to Kayak, Paddleboard & Fish. A rated schools. Minutes to Mizner Park, Town Center Mall, I-95 & Boca Raton Beaches. Mizner Park, Town Center Mall, I-95, and Boca Raton Beaches.

Property location

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1940 SW 7th Place, Boca Raton, FL 33486

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Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
3,317 sq ft
Flooring
Hardwood, Marble, Wood
Appliances
Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Trash Compactor, Washer
Cooling
Central Air
Heating
Central
Interior features
Breakfast Bar, Built In Features, Bedroom On Main Level, Breakfast Area, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Garden Tub Roman Tub, High Ceilings, Kitchen Dining Combo, Main Level Primary, Split Bedrooms, Walk In Closets, Pantry

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1987
Stories
1
Lot size
16,026 sq ft
Architectural style
Mediterranean
Roof
Spanish Tile
Construction
CBSConcrete Block Structure, Block
Pool
Pool
View
Lake, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Garage, Two Or More Spaces

HOA, Community & Financials

Association fee
$618 Monthly
Fee inclusions
Common Area Maintenance, Security, Trash
Amenities
Boat Dock, Clubhouse, Pool, Guard, Tennis Courts, Trails
Security
Gated With Guard
Pets allowed
No
Annual tax
$13,351
Subdivision
Boca Sailing and Racquet C
County
Palm Beach
Days on market
283
MLS listing ID
R11149083
Listing status
Active

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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

-$2,026

Cap rate
4.5%
Net yield
4.5%
Cash-on-cash return
-4.4%
Gross yield
6.9%
Mortgage payment
$9,434/mo
Down payment
$497,500
Loan amount
$1,492,500
Annual NOI
$88,887

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