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412 SE 21st Avenue, Boynton Beach FL 33435

Multi-family Recently Sold
$682,500

BTC: 11.37500000

ETH: 390.89347079

Sold on: 2022-05-27
3 days
0 room(s)
2,560 sqft

Overview

This Desirable East Boynton Beach property has Been Very Well Maintained and is easy to manage. Mostly Long Time Tenants with the current rents below market rates. The estimated Market rent for this area is currently a MINIMUM of $1,400 equating to POTENTIAL Gross annual income of $67,200 at $1,400 per month upon Lease renewal or releasing to new Tenants. There is great value to having all SINGLE OCCUPANT tenants, less wear and tear on the property and require very little hands on contact. All LEASES EXPIRE BY NOV. 2022. Pictures ACCURATELY REFLECT THE CONDITION OF THE PROPERTY AND APARTMENTS. Impact Windows (except bathrooms), plenty of parking, new A/C Units installed in every apartment Nov. 2021 and new aluminum railings at the stairs, and a large walk in closet. Continued - This location offers many advantages for prospective Tenants -The Seller has always had well qualified inquiries and has not had any vacancy or collection issues at this property. Located one block west of Federal Highway, half a mile south of Woolbright, One Mile to The Beach and one mile from Delray. Very convenient to ALL Shopping Options and Restaurants (One Half Mile to Publix, Walgreens, Starbuck's, Chipotle, McDonald's, Taco Bell, Troy's BBQ, Panera Bread, Prime Catch (Waterfront Fine Dining), Bank of America, TD Bank, Wells Fargo and MUCH MORE! 1 Mile to the South is a Wal-Mart Super Center, Dunkin Donuts).

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1973
Lot:
0.13 Acres
Heating:
Central
Price/sqft:
$281
Cooling:
Central Air / Paddle Fans
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$769,950
$577K – $1.1M
Confidence Low
List vs. estimate
$50K below estimate
List $719,000 · -6.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$280
-38.7% vs. city median $457
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $177K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,613
2021
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    • Paddle Fans

  • Property

    • Levels: 2

    • Exterior Features: West Of Us1

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 08434533030000121

    • Zoning: R3(cit

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Connected

    • Sewer Connected

    • Cable Available

    • Sewer Available

  • Other financial information

    • Annual tax amount: $5,613

  • Source details

    • MLS ID: R10788965

    Other facts

    • Construction Materials: CBS Construction

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

    • Patio And Porch Features: Screened Porch

    • Window Features: Partial Impact Glass

    • Other Structures: Extra Building/Shed / Shed(s) / Storage Shed

    • Living Area: 2560

    • Subdivision Name: CRESTVIEW BOYNTON

Private inquiry
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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: Champagne & Parisi Real Estate