Forest Hills, 702 SW 27th Ter

3
Beds
2
Baths
1,695
SqFt
$642
$/SqFt
Sold - Apr 30, 2025
Mid-Tier House
Built in 1958
Attention investors! This fully furnished, high-performing luxury short-term rental in Chapel Hill is a rare opportunity to own a top-producing income property in Boynton Beach. Boynton Beach offers legal and regulated STR's, yet this property is located near the border of Delray Beach for maximum returns. Purposefully designed and completely remodeled to maximize short-term rental revenue, this is not your typical single-family home—it's an established cash-flow machine, generating $141,000+ in its first full year of operations. Based on AriDNA data, this property performs in the top 3-4% of short-term rentals in the area, making it an exceptional addition to any investor's portfolio. Featuring 3 spacious bedrooms, 2 designer-finished bathrooms, and a stylish open-concept living space, the home includes an added game room and a true resort-style backyard that keeps guests coming back again and again. The heated pool, travertine deck, covered outdoor dining area, private table tennis area and professionally designed and built putting green create the ultimate vacation experience. Located on a private corner lot just a golf cart ride from downtown Delray Beach, this property is in a prime location for attracting high-dollar bookings. Investors will appreciate the newer roof (2022), impact glass throughout, newer AC, and brand-new tankless water heaterall minimizing maintenance costs and maximizing profitability. If you're looking for a turnkey investment property with proven income potential, this is the one.
MLS Number: R11066855
On Site: 568 Days
Updated: 30 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
    Interior, Heating and Cooling
    • Interior Features: DualSinks, MainLevelPrimary, WalkInClosets
    • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, WaterHeater, Washer
    • Heating Description: Central
    • Cooling Description: CentralAir
    Building and Construction
    • Floor Description: Laminate
    • Year Built: 1958
    Waterfront and Water Access
    • Waterfront Frontage: No info
    School Information
      Other Property Info
      • Garage: No info
      • Listing Date: 2025-02-28T15:01:15.000-00:00
      • Directions: North
      • Pets Allowed: NoPetRestrictions, Yes
      Taxes, Fees & More
      • Taxes: 14317.4
      • Total Floors in Building: 1

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      Price History

      Current
      $1.1M
      High
      $1.1M
      Low
      $1.1M
      Total Change
      -3.6%
      $1.1M$1.1M$1.1MFeb 25Apr 25Jun 26
      Date
      Event
      Price
      Change
      Price Per
      06/14/2026
      Sold
      $1.1M
      0%
      $642 ft2
      $6,912 m2
      04/30/2025
      Price Reduced
      $1.1M
      -3.59%
      $642 ft2
      $6,912 m2
      02/28/2025
      Listed
      $1.1M
       
      $666 ft2
      $7,170 m2
      06/14/2026
      $1.1M
      Event
      Sold
      Change
      0%
      Price Per
      $642 ft2
      $6,912 m2
      04/30/2025
      $1.1M
      Event
      Price Reduced
      Change
      -3.59%
      Price Per
      $642 ft2
      $6,912 m2
      02/28/2025
      $1.1M
      Event
      Listed
      Price Per
      $666 ft2
      $7,170 m2
      Price per square foot and days on website are not provided values and are calculated by Subdivisions.
      Listed by Curtis BennettColdwell Banker Realty /Delray Beach • Buyer Agency Compensation .

      Listing Location & Street View
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      Scores

      Walk Score®
      Car-Dependent. Almost all errands require a car
      24

      100
      Bike Score®
      Somewhat Bikeable. Minimal bike infrastructure
      31

      100
      Community Snapshot
      3 – 4 BR
      Bedrooms
      $645K – $2.4M
      Price Tier
      1,270 - 3,300
      SqFt Range
      1959
      Year Build
      1
      Total Floors

      Subdivision Amenities

      None
      Park
      Playground

      Boynton Beach
      Mid-Tier
      Mid-Tier Homes & Condos

      Chapel Hill Communities in Boynton Beach, FL