721 NE 8th Avenue, Boynton Beach, FL 33435 — MLS photo

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721 NE 8th Avenue, Boynton Beach, FL 33435

Active · SingleFamilyResidence

$598,000

721 NE 8th Avenue, Boynton Beach, FL 33435

Beds
2
Baths
2
Living area
1,168 sq ft
$ / sq ft
$512/sq ft
Year built
1955
Lot size
8,756 sq ft
HOA fee
—
Annual tax
—

About this property

Welcome to coastal living in one of Boynton Beach's most exciting and rapidly evolving neighborhoods. Nestled in the sought-after Mangrove Walk Intracoastal community, this beautifully renovated 2-bedroom, 2-bath ranch home offers the perfect blend of charm, location, and opportunity. Enjoy a true South Florida lifestyle with waterfront dining just a short stroll away at local favorites Two Georges and Banana Boat, while Oceanfront Park Beach is only one mile from your front door. Inside, you'll find an updated kitchen featuring newer countertops and a custom backsplash, along with two beautifully renovated bathrooms. Major improvements include impact windows installed in 2013 and a new roof in 2015, providing peace of mind for years to come. The attached garage offers excellent flexibility and could easily be converted into a third bedroom, home office, or flex space. Situated on an oversized lot with plenty of room for a pool, the possibilities are endless. Currently operating as a successful Airbnb, this property presents an exceptional opportunity as a primary residence, vacation home, or income-producing investment in the heart of Boynton Beach's thriving coastal corridor.

Property location

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721 NE 8th Avenue, Boynton Beach, FL 33435

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,168 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1955
Lot size
8,756 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
B26036174
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

-$758

Cap rate
4.2%
Net yield
4.2%
Cash-on-cash return
-5.4%
Gross yield
7.5%
Mortgage payment
$2,835/mo
Down payment
$149,500
Loan amount
$448,500
Annual NOI
$24,920

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