$5,950,000
For Sale

640 SE 2nd Ave

Boynton Beach, FL 33435
Browse 23 photos
Type:Multi-Family
Structure:4 Family
Zone:Commercial

Description

The Palms is a prime opportunity to purchase a 24 unit garden-style community located in Boynton Beach, Florida just steps from the beach! The Palms is comprised (20) 1br/1ba, (4) 2br/2ba, a separate cbs building which can be converted to storage, or additional unit(s). The property benefits from excellent walkability to the beach, Boynton Harbor Marina and restaurants. The Boynton Beach neighborhood has seen tremendous growth with its favorable location and close proximity to Downtown Delray Beach and West Palm beach. With its prime location and solid structure, The Palms delivers a competitive product to the market, capable of outperforming comparable options within the growing segment and positioning itself as a generational asset. New Roof 2024, Hurricane Impact Doors, Light Value Add

  • Property Details
      • Lot Description3/4 To Less Than 1 Acre Lot
      • CountyPalm Beach County
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Property SubtypeQuadruplex
      • MLS #A11612078
      • MLS #A11612078
      • Structure TypeFourplex
      • Cost5950000
      • Square Feet17726
      • SubdivisionLAWNS
      • Year Built1967
      • Stories2

Location

Nirmala EmaniReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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