65
Map
$362,000
●
Condo -
Off Market
7055 Summer Tree Drive #A
Boynton Beach, FL 33437
2 Beds
2 Baths
1,722 Ft²
$384,710
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
Warm sunny breezes welcome you home amongst tree lined streets and
lush landscaping. Your private villa tucked away is the perfect
getaway or your new Florida home sweet home. This 2 bedroom 2 bath
remodeled home with bonus den is the perfect floorplan. Light and
bright, high ceilings, large open kitchen with tons of cabinet
space, pull out drawers overlooking a screened in lanai. Perfect
for entertaining and accommodating guests, what more can you ask
for? Enjoy non stop activities which include Tennis, swim, pickle
ball, dining at the cafe and so much more. Pet friendly community
conveniently located near an abundance of restaurants, shopping,
beaches and major highways.
Unit Size
1,722 Ft²
Days on Market
42 days
Land Size
-
Price per sqft
$215
Property Type
Condo
Property Taxes
$231
HOA Dues
$650
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 10 months ago (Beaches MLS #R10820522)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by Hanlon Realty Group LLC | $369,900 | |
| Listed by Hanlon Realty Group LLC | |||
| Jun 23, 2016 | Sold | ||
| Sold | |||
| Feb 24, 2016 | Listed by Douglas Elliman | $255,000 | |
| Listed by Douglas Elliman | |||
| | |||
|
Updated open concept villa has 1722 SF of living area with 2 bedrooms, 2 baths, den and screened patio. Vaulted ceilings with skylights in the living room. Upgraded kitchen features Granite counter tops, stainless steel appliances and built in microwave, updated second bathroom. Ceramic tile through out living areas, the guest bedroom has wood laminate and the master bedroom is carpeted. There is a yearly fee of $180 for the cafe that is paid in July. Expansive clubhouse offers indoor/outdoor pools, tennis courts, exercise room, party rooms, ballrooms and 600-seat theater. Cats and dogs under 35 lbs are permitted. Must prove that dogs are service animals by providing a doctor's note. One time capital contribution of $1000 paid by buyer at closing.
| |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 1
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Entrance Foyer, High Ceilings, Pantry, Walk-In Closet(s), DualSinks, KitchenDiningCombo, LivingDiningRoom, SplitBedrooms, SeparateShower
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Washer
Flooring Type: Ceramic Tile
Laundry Features: Washer Hookup, In Garage, DryerHookup
Rooms: 9
Exterior Details
Square Footage: 1722
Security Features: Gated with Guard, Gated Community, Smoke Detector(s), Security Guard
Property Condition: Resale
Year Built: 1993
Waterfront Features: None
Builder Name: Other
Builder Model: This is the one!
Building Area Total: 1722
Levels: One
Window Features: Skylight(s)
Construction Materials: Block
Patio and Porch Features: Patio, Screened
Pool Features: Association
Lot Features: SprinklersAutomatic, LessThanQuarterAcre
Water Source: Public
Financial Details
Tax Annual Amount: $2,777
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Maintenance Grounds, Sewer, Security, Trash, Water
HOA/Condo/Coop Amenities: Billiard Room, Clubhouse, Fitness Center, Pool, Recreation Facilities, Spa/Hot Tub, Pickleball, Restaurant
HOA Fee: $650
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/01/2024
| |
3 Bed
|
2 Bath
|
1722 ft²
|
$479,000
3 Bed
2 Bath
1722 ft²
|
$465,000
-2.92%
06/25/2024
|
Bryan Johnson
Keller Williams Realty Boca Ra
|
|
07/28/2022
|
2 Bed
|
2 Bath
|
1722 ft²
|
$369,900
2 Bed
2 Bath
1722 ft²
|
$362,000
-2.14%
09/09/2022
|
Sherri Hanlon
Hanlon Realty Group LLC
| |
|
02/24/2016
|
2 Bed
|
2 Bath
|
1722 ft²
|
$255,000
2 Bed
2 Bath
1722 ft²
|
$250,000
-1.96%
06/23/2016
|
Aubreigh Hutchison
EXP Realty LLC
|
Building Info
About Palm Isles
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Listed by: Sherri Hanlon PA
Hanlon Realty Group LLC
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R10820522
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Hanlon Realty Group LLC
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R10820522
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017