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523 SE 20th Court

Boynton Beach, FL 33435
  • $1,400,000
  • STATUS: Active Under Contract
  • ON SITE: 18 Days
  • MLS #: RX-10796457
Under Contract
$1,400,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,272
    SQFT
  • $428
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Ratings & Info

Description

Attention Investors : AirBnb fully operating business for Sale! Great central location in Boynton beach, walking distance to the beach, restaurants and shopping. This property offers 5 units. Unit 1 - 2 / 1 furnished; Unit 2 - 1/1, currently vacant, can be used as owner occupied; Unit 3- 1/1 furnished ; Unit 4 Studio with 1 full bathroom, furnished and unit 5- 1/ 1 furnished. There is storage room on the first floor to keep supply and bedding and separate laundry room. All units have been fully renovated and have new AC and water heaters including laundry room. New hurricane proof windows and doors, new electrical panels in each unit. 9 cameras surveillance system. Shlage smart locks on each unit door with option to control locks remotely. 8 parking spaces. Over $250,000 spent on reno.

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www.djandlindsey.com/homes/128267644
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523 SE 20th Court Boynton Beach, FL 33435

  • Price: $1,400,000
  • Status: Active Under Contract
  • On Site: 18 Days
  • MLS #: RX-10796457
0
Beds
0
Baths
0
½ Baths
0.17
Acres
3,272
SQFT
$428
$/SQFT
1973
Built
Neighborhood:
Burclay House
County:
Palm Beach
Area:
Boynton Beach
Property Description
Attention Investors : AirBnb fully operating business for Sale! Great central location in Boynton beach, walking distance to the beach, restaurants and shopping. This property offers 5 units. Unit 1 - 2 / 1 furnished; Unit 2 - 1/1, currently vacant, can be used as owner occupied; Unit 3- 1/1 furnished ; Unit 4 Studio with 1 full bathroom, furnished and unit 5- 1/ 1 furnished. There is storage room on the first floor to keep supply and bedding and separate laundry room. All units have been fully renovated and have new AC and water heaters including laundry room. New hurricane proof windows and doors, new electrical panels in each unit. 9 cameras surveillance system. Shlage smart locks on each unit door with option to control locks remotely. 8 parking spaces. Over $250,000 spent on reno.
Exterior Features

Carport Spaces 8.00 Construction BrickStucco Exterior Features None Lot Description < 1/4 Acre Lot Dimensions 75.0 Ft X 100.0 Ft Private Pool YN No Roof Flat Tile Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking Unit4 Parking Open Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Electric Flooring Ceramic Tile Heating Electric Unit1 Bedrooms 2 Unit1 Desc A/C UnitBuilt-In ShelvesDishwasherElectric MeterKitchenMicrowaveRefrigeratorSmoke DetectorSplit BedroomsWalk-In ClosetsWindow Cover Unit1 Full Baths 1 Unit1 Furnished Yes Unit1 Info Hotel Unit1 Sq Ft 1000 Unit2 Bedrooms 1 Unit2 Desc Electric MeterKitchenMicrowaveRefrigeratorSmoke DetectorWindow Cover Unit2 Full Baths 1 Unit2 Furnished Yes Unit2 Sq Ft 725 Unit3 Bedrooms 1 Unit3 Desc Built-In ShelvesElectric MeterKitchenMicrowaveSmoke DetectorWalk-In ClosetsWindow Cover Unit3 Full Baths 1 Unit3 Info Hotel Unit3 Sq Ft 755 Unit4 Desc A/C UnitElectric MeterKitchenMicrowaveRefrigeratorSmoke DetectorWindow Cover Unit4 Info Hotel Unit4 Sq Ft 515

Property Features

Annual Net Operating Income 140000.00 Annual Total Expenses 20400.00 Auction No Available Info Investment Analysis Built Desc Resale Contingent Active Under Contract Contingents Inspection Gated Community No Gross Operating Income 160000.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Quad Plex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Accountant Sq Ft Total 3720.00 Subdivision Amenities None Tax Amount 10277.60 Tax Year 2021 Taxes City/County Tenant Pays None Terms Considered CashConventional Unit1 Monthly Income 4000.00 Unit2 Monthly Income 4000.00 Unit3 Monthly Income 4000.00 Unit4 Monthly Income 3000.00 Utilities ElectricPublic Sewer Zoning R3(Cit

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DJ & Lindsey Real Estate
731 A1A Beach Boulevard
Saint Augustine FL, 32080