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400 NE 2nd Street, Boynton Beach FL 33435

Multi-family For Sale
$724,998

BTC: 8.98386617

ETH: 302.08250000

177 days
0 room(s)
2,503 sqft

Overview

Located within the Boynton Beach Community Redevelopment Area near the downtown core, this income-producing duplex combines established rental income, spacious interiors, ample parking & long-term investment potential. The property is close to the City Hall & Library/Town Square complex and surrounded by continued public improvements, residential growth & mixed-use development. The single-story building offers 2,503 sq. ft. of living space divided between two approximately 1,252-sq.-ft. residences. Each unit features 2 bedrooms, 2 full baths, an open living & dining area, tile flooring throughout, central A/C, generous storage & sliding doors leading to a private outdoor patio. Each residence also includes a primary suite with multiple closets and its own en-suite bath. Both units have been updated and offer comfortable, inviting interiors. The kitchens include rich wood-tone cabinetry, complementary countertops, tile backsplashes & abundant storage. A shared laundry area is equipped with a newer washer & dryer. Set on an oversized 0.27-acre fenced lot, the property also provides low-maintenance landscaping, expansive outdoor space, parking for up to 8 vehicles & a paved and striped driveway. No HOA. Tenants are responsible for cable, electricity, sewer & water. Conveniently located near I-95, Ocean Avenue, downtown dining and shopping, Boynton Harbor Marina & the beach, this duplex presents an appealing opportunity for immediate rental income and future appreciation as downtown Boynton Beach continues to evolve.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1975
Lot:
0.27 Acres
Heating:
Central / Electric
Price/sqft:
$290
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$599,000
$494K – $724K
Confidence Low
List vs. estimate
$125K above estimate
List $724,998 · +21.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$289
-21.8% vs. city median $370
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $301K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,370
2025
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

  • Property

    • Levels: 1

    • Exterior Features: West Of Us1 / Exterior Lights

    Lot

    • Lot: 0.27 Acres

    Other Property Information

    • Parcel Number: 08434521050000250

    • Zoning: R2 (city)

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $10,370

  • Source details

    • MLS ID: F10555287

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction / Stucco

    • Laundry Features: Washer Hookup

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre / West Of US 1 / Fenced

    • Patio And Porch Features: Patio

    • Window Features: Blinds / Single Hung Metal / Sliding / Verticals

    • Architectural Style: Twin Home / Half Duplex / One Story / Twin Homes

    • Living Area: 2503

    • Water Source: Public

    • Subdivision Name: COPPS C W ADD TO BOYNTON

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman