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Palm Beach 33436 Colony at Boynton Beach
7628 Colony Palm Drive
$290,000
● House - Off Market

7628 Colony Palm Drive

Boynton Beach, FL 33436
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,649 Ft²
$451,348
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Well maintained and cared for by original owners.  This charming 3 bedrooms, 2 bathrooms, 2 car garage home located in well sought after Colony At Boynton Beach. Spacious master with his and hers walk-in closets, en-suite with separate shower and Jetted tub. Centrally located close to ''A'' rated schools, shopping, entertainment, dining, Airports, I-95 And Turnpike.  Enjoy a quiet evening on your covered back patio overlooking an inviting private back yard admiring a variety of fruit trees. This gated community features a swimming pool, tennis court and a gym.  Low HOA fees includes cable. Great Value Property - Come make it your home.
Unit Size
1,649 Ft²
Days on Market
93 days
Land Size
0.10 acres
Price per sqft
$180
Property Type
House
Property Taxes
$178
HOA Dues
$160
Year Built
1999

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Cap Rate Calculator

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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: 5 months ago (Beaches MLS #R10476795)

Price History

Date / Event Date Event Price
May 23, 2019 Sold
Premium
Sold
Feb 13, 2019 Sold
Premium
Sold
Oct 26, 2018 Listed by Re/Max Direct $297,000
Listed by Re/Max Direct

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 16
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 403
  • Parking Space Count: 0
  • Patio Type: 14
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 2,069
  • Gross Building Area: 2,069
  • Building Area: 1,649
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,649
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONY AT BOYNTON
  • Land Acres: 0000000103
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: COLONY AT BOYNTON BEACH LT 54

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005819

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 287
  • Parcel: 00-42-45-12-18-000-0540
  • Lot: 54
  • Meridian: SEC 12 TWN 45S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.5631
  • Longitude: -80.1112

    Address

  • Full Address: 7628 Colony Palm Dr
  • Address - House Number: 7628
  • Address - Street Name: Colony Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Boynton Beach
  • Carrier Code: C057
  • 4-Digit Zip Code: 1312
  • Zip Code: 33436

Valuation

    Tax

  • Total Area: 1,835
  • Tax Year: 2023
  • Tax Amount: $373,094
  • Tax Rate Code Area: 203

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 519,782
  • High Value: 618,692
  • Low Value: 420,871

    Market Valuation

  • Market Total Value: $382,737
  • Market Land Value: $154,912
  • Market Improvement Value: $227,825

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,115

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 05, 2019
  • Current Sale Recording Date: May 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 21
  • Current Sale Input Document Number: 20190188096
  • Previous Sale Recording Date: Feb 13, 2019
  • Previous Sale Contract Date: Jan 31, 2019
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Colony at Boynton Beach

Stats & Trends

Median Asking:

$499,999

Sale Price/ft²

$303

Below Asking

0.03%

Average Days on Market

67

Average Home Size

1649 ft²

Average Home Age

27 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 9770 Nickels Boulevard, FL, 16509

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,323 ft²
9770 Nickels Boulevard #404, FL, 16509 Listing by George Alan Feldman
Unit for rent at 6892 Mill Brook Place, Lake Worth, FL, 33463

$2,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,308 ft²
6892 Mill Brook Place, Lake Worth, FL, 33463 Listing by Austin Frankoski
Unit for rent at 9746 Nickels Boulevard, Boynton Beach, FL, 33436

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,215 ft²
9746 Nickels Boulevard #103, Boynton Beach, FL, 33436 Listing by Raquel M Crowe

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Arlene A Toolsie
Re/Max Direct
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10476795
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.

Frequently Asked Questions

When was property at 7628 Colony Palm Drive built and last sold?
The property at 7628 Colony Palm Drive was built in 1999 and last sold on Apr 5, 2019 for $290,000.
How much is this home worth?
The estimated value of the home located at 7628 Colony Palm Drive is $299,877.
What are some comparable homes to 7628 Colony Palm Drive?
There are currently no comparable homes to 7628 Colony Palm Drive.
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