Investor Opportunity! Wonderful long-term Tenant in place with a strong nearly 7% cap rate and immediate rental income from day one! This well-maintained 2-bedroom, 1-bath second floor condominium unit is located in the heart of desirable West Boca Raton and offers an excellent addition to any investment portfolio. Featuring an… Read More updated kitchen with modern cabinetry, decorative tile backsplash, full appliance package including dishwasher, tile flooring throughout, a timelessly updated bathroom, generous walk-in closets, and a spacious screened balcony overlooking a peaceful courtyard. Conveniently located near shopping, dining, public transportation, major roadways, and everyday conveniences, this condo is positioned in a highly desirable rental market. One assigned parking space, additional storage, community pool and common laundry on the same floor add to the property’s appeal. Whether you’re looking to expand your portfolio or purchase your first investment property, this is a turnkey opportunity with income in place. Condo does allow rentals immediately after closing with no waiting period. Maintenance fee includes amenities, water, trash, sewer, exterior building insurance & pest control. Lease recently renewed through end of May 2027. Read Less
Courtesy of Realty 100 954-859-2100
Listing Snapshot
Days Online
14
Last Updated
Property Type
Condominium
Beds
2
Full Baths
1
Square Ft.
777
Year Built
1973
MLS Number
A12047805
30 Days Snapshot Of 33428
$263k
+7%
(avg) sold price
9
-35%
homes sold
98
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Electric Range, Microwave, Refrigerator
Building
Built in 1973, Living area: 777, Construction materials: Other, Toal building area: 875
Cooling
Central Air
Floors
Tile
Heating
Central
Home Owner's Association
Association fee: $500, Association fee frequency: Monthly, Association fee includes: Pool Service, Insurance, Maintenance Grounds, Reserve Funds, Roof Repairs, Sewer, Trash, Water, Association amenities: Pool, Laundry, Parking
Parking
Assigned, Guest
Pets Policy
Pets allowed: No
Property
Patio and porch features: Porch - Screened, Porch
Security Features
None
Taxes
Annual amount: $2,705
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