702 SW 27th Terrace Boynton Beach, FL 33435
Chapel Hill NeighborhoodEstimated payment $7,494/month
Total Views
2,239
3
Beds
2
Baths
1,695
Sq Ft
$666
Price per Sq Ft
Highlights
- Private Pool
- Walk-In Closet
- Central Heating and Cooling System
- Furnished
- Laundry Room
- 1-Story Property
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,317
Year Built
- Built in 1958
Lot Details
- 9,216 Sq Ft Lot
- Property is zoned R-1-AA
Interior Spaces
- 1,695 Sq Ft Home
- 1-Story Property
- Furnished
- Laminate Flooring
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Private Pool
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Community Details
- Forest Hills Subdivision
Listing and Financial Details
- Assessor Parcel Number 08434532010150080
Map
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Home Values in the Area
Average Home Value in this Area
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 | $14,317 | $696,852 | -- | -- |
| 2023 | $11,064 | $555,964 | $0 | $0 |
| 2022 | $10,215 | $522,032 | $0 | $0 |
| 2021 | $6,039 | $312,472 | $0 | $0 |
| 2020 | $5,992 | $308,158 | $0 | $0 |
| 2019 | $5,903 | $301,230 | $0 | $0 |
| 2018 | $5,632 | $295,613 | $0 | $0 |
| 2017 | $4,951 | $260,253 | $114,711 | $145,542 |
| 2016 | $5,634 | $245,722 | $0 | $0 |
| 2015 | $2,734 | $151,435 | $0 | $0 |
| 2014 | $2,734 | $150,233 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | For Sale | $1,129,000 | +73.7% | $666 / Sq Ft |
| 04/03/2023 04/03/23 | Sold | $650,000 | +4.0% | $459 / Sq Ft |
| 02/01/2023 02/01/23 | For Sale | $625,000 | +33.0% | $442 / Sq Ft |
| 03/24/2021 03/24/21 | Sold | $470,000 | -4.1% | $332 / Sq Ft |
| 02/22/2021 02/22/21 | Pending | -- | -- | -- |
| 02/03/2021 02/03/21 | For Sale | $490,000 | +51.9% | $346 / Sq Ft |
| 08/31/2015 08/31/15 | Sold | $322,500 | -7.8% | $228 / Sq Ft |
| 08/01/2015 08/01/15 | Pending | -- | -- | -- |
| 06/22/2015 06/22/15 | For Sale | $349,900 | 0.0% | $247 / Sq Ft |
| 03/07/2014 03/07/14 | Rented | $1,700 | -2.9% | -- |
| 02/05/2014 02/05/14 | Under Contract | -- | -- | -- |
| 02/03/2014 02/03/14 | For Rent | $1,750 | -- | -- |
Source: BeachesMLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $650,000 | None Listed On Document | |
| Warranty Deed | $470,000 | Mellinger Title Services Llc | |
| Warranty Deed | $322,500 | Corporate Title Inc | |
| Warranty Deed | $170,000 | Sunbelt Title Agency | |
| Warranty Deed | $187,000 | Southeastern Alliance Title | |
| Warranty Deed | $160,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $148,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $783,000 | New Conventional | |
| Closed | $729,383 | Balloon | |
| Previous Owner | $376,000 | New Conventional | |
| Previous Owner | $166,920 | FHA | |
| Previous Owner | $195,000 | Unknown | |
| Previous Owner | $160,000 | Unknown | |
| Previous Owner | $121,550 | No Value Available | |
| Previous Owner | $128,000 | New Conventional | |
| Previous Owner | $118,400 | New Conventional |
Source: Public Records
Similar Homes in Boynton Beach, FL
Source: BeachesMLS
MLS Number: R11066855
APN: 08-43-45-32-01-015-0080
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