$425,000
UNDER CONTRACT $50K PRICE DROP

Estimated payment $2,629/month

Total Views 1,464
-- Bed
-- Bath
1,650 Sq Ft
$258 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

HIGHEST AND BEST DUE SUNDAY 5PM! Welcome home to this wonderful Duplex investment opportunity! Primed for the tenured investor looking to expand your portfolio or for those looking to live in one side while earning income and paying down your mortgage while building wealth on the other side! Worry-not about several major components like a New roof installed in 2020 and New Central AC units in each side in 2023. Both sides are metered separately for FPL and Water with City of Boynton Utilities. Each side needs updating to get top market rent and is priced to accommodate such work resulting in a great potential Cap Rate. Great location centrally located to I-95 highway and a short drive to the beach! Do not miss out!

Listing Agent

Nicole Miller

Realty 100 License #3309568

Realty 100

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 1975

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Ridge Grove Estates Condos
  • Ridge Grove Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08434509180000200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,086

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1975
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RIDGE GROVE ESTATES
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: 4224
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1650
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIDGE GROVE ESTATES
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 08434509180000200
  • Zoning: R2 (city
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3086

Multi Family

  • Number Of Units In Community: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,086 $148,539 -- --
2023 $2,805 $138,386 $0 $0
2022 $2,626 $129,059 $0 $0
2021 $2,395 $156,865 $0 $0
2020 $2,107 $126,238 $0 $0
2019 $1,914 $107,849 $0 $0
2018 $2,083 $109,779 $0 $0
2017 $2,093 $103,592 $0 $0
2016 $1,877 $80,895 $0 $0
2015 $1,830 $74,792 $0 $0
2014 $1,422 $69,221 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Price Changed $425,000 -10.5% $258 / Sq Ft
01/26/2025 01/26/25 For Sale $475,000 -- $288 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed $2,640 None Available
Interfamily Deed Transfer -- Global First Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $547,500 Reverse Mortgage Home Equity Conversion Mortgage
Closed $547,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $74,000 Purchase Money Mortgage
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11728585

MIAMI REALTORS® MLS

APN: 08-43-45-09-18-000-0200