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$3,500,000

BTC: 50.00000000

ETH: 35,000.00000000

41 días
0 room(s)
Est. Rango de ventas estimado: $0 - $0
$0

Visión general

Gateway Manor is an 8-unit multifamily asset in East Boca Raton, one of the most desirable and supply-constrained coastal submarkets. Family owned and maintained for 40+ years, the property offers clear value-add potential supported by strong demographics and limited new supply. Built in 1975 with concrete block construction, the asset sits on 0.35 acres and features a functional mix averaging 948 SF: 2 one-bed/2-bath, 4 one-bed + den/2-bath, and 2 two-bed/2-bath units. The ground floor includes two garages, an office, storage, and laundry facilities, providing flexibility for added income or future amenities. Gateway Manor is 100% occupied with average rents of $2,063, approximately 15–30% below market. A full interior renovation—modern kitchens/baths, in-unit W/Ds, new flooring, impact windows, and ceiling updates—supports post-renovation rents of ~$2,750, an estimated $700 premium per unit. The property is minutes from Mizner Park, Downtown Boca, Royal Palm Place, and premier beaches. The one-mile radius features $115,000+ average household income and $600,000+ median home values, supporting strong rental demand and low vacancy. With an irreplaceable East Boca location, below-market rents, large unit sizes suited for repositioning, and long-term ownership stability, Gateway Manor offers a compelling opportunity for near-term rent growth and long-term appreciation.

Ubicación

Hechos y características

Tipo:
Commercial Sale
Estacionamiento:
Sin datos
Año de construcción:
1975
Lote:
15246 Pies Cuadrados
Calefacción:
Sin datos
precio por sq. medidor:
Sin datos
Enfriamiento:
Sin datos
HOA:
Sin datos
Más hechos y características
  • Lote

    • Lote: 15246 Pies Cuadrados

    Otra Información de Propiedad

    • Número de Parcela: 06434730030030060

    • Zonificación: R3 (city

  • Tipo y estilo

    • Tipo de propiedad: Commercial Sale

    • Subtipo de propiedad: Multi Family

  • Otra información financiera

    • Importe anual de impuestos: $18,281

  • Detalles de la fuente

    • MLS ID: A11971926

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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: CBRE, Inc.