Multifamily in Boynton Beach, FL 33435
401 SE 23rd Ave

Overview Features True Comps Price History Payment Location Similar Homes

Closed

$490,000

Estimate Payment $2,921 Closing Costs

Beds

2,632

SqFt

$186

$/SqFt

Sold - Dec 13, 2021

Multifamily

Built in 1973

THIS PROPERTY IS BEING SOLD IN CONJUNCTION WITH TWO OTHER PROPERTIES - RX-10754742 and RX-10754758. THEY WILL ONLY BE SOLD TOGETHER, NOT BY SINGLE BUILDING. Building contains 2 studio apartments, a 2/1 unit and a 2/2 unit. Well maintained with no deferred maintenance. The two larger units have central air. The 2/1 contains a washer/dryer. The 2/2 has one bathroom with a roll-in shower. Parking lot of 5 spots with one assigned parking space per unit. Apartment opens to a gated courtyard. Owner responsible for water and lawn care. Tenant responsible for electric and cable. All tenants have yearly leases with many rents below market value. All measurements approximate. Owner-agent Cap Rate of 5.2% on the portfolio sale. All units are rented. Security deposits are held in escrow. Last month's rent is also being held for one of the tenants. Both will be provided to new owner.

MLS Number: R10754752

On Site: 1786 Days

Updated: 4 Days ago

Page Views: 0

Features

Bedrooms

Bathrooms

Exterior and Lot Features

Interior, Heating and Cooling

Heating Description: Central,WallFurnace
Cooling Description: CentralAir, CeilingFans, WallWindowUnits

Building and Construction

Floor Description: CeramicTile
Windows/Treatment: Blinds
Year Built: 1973

Waterfront and Water Access

Waterfront Frontage: No info

School Information

Elementary School: Forest Park
Middle School: Congress
Senior High School: Boynton Beach

Other Property Info

Listing Date: 2021-10-26T15:48:58.000-00:00

Taxes, Fees & More

Taxes: 5320.62
Total Units in Building: 4
Total Units in Complex: 4

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Price History

Date

Event

Price

Change

Price Per

01/23/2026

Listed

$490K

$186 ft²

$2,004 m²

01/23/2026

$490K

Event

Listed

Price Per

$186 ft²

$2,004 m²

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Beth Abrams • Reliant Realty ERA Powered • Buyer Agency Compensation .

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Multifamily in Boynton Beach, FL 33435401 SE 23rd Ave