455 E Palmetto Park Rd 4E, Boca Raton, FL 33432 — MLS photo

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455 E Palmetto Park Rd 4E, Boca Raton, FL 33432

Active · Condominium

$930,000

455 E Palmetto Park Rd 4E, Boca Raton, FL 33432

Beds
2
Baths
3
Living area
2,525 sq ft
$ / sq ft
$368/sq ft
Year built
2008
Lot size
—
HOA fee
$3,114
Annual tax
—

About this property

Rare opportunity in boutique East Boca high-rise. 2 bed / 2 bath | 2,525 SF — an oversized floor plan with clear potential to convert to 3 bedrooms. Blank canvas ready for a full custom renovation. Steps from Palmetto Park dining, Mizner Park, and the waterfront. 16-unit boutique building built 2009. Cash or conventional financing only. One-year minimum lease restriction.

Property location

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455 E Palmetto Park Rd 4E, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
2,525 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$3,114
County
Palm Beach
MLS listing ID
A12019810
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

-$3,145

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.5%
Gross yield
9.2%
Mortgage payment
$4,409/mo
Down payment
$232,500
Loan amount
$697,500
Annual NOI
$15,164

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