59
Map
$245,000
●
Condo -
Off Market
8565 Boca Drive #1
Boca Raton, FL 33433
2 Beds
2 Baths
1,332 Ft²
$2,130
Est. Monthly
$539
HOA / Fees
About This Property
Corner lot! Lakeview! New kitchen appliances! This spacious 1332 sq
ft home is located in a gated 55+ community in highly desirable
Boca Raton. The eat-in kitchen has granite counters, lots of
cabinets, a snack bar, and includes new stainless stove,
refrigerator, dishwasher and microwave, Bright and sunny Florida
room leads to large screened patio overlooking peaceful lake view.
Washer and dryer inside unit. Attic has pull-down stairs. Accordion
shutters thruout. 2 car spaces right outside your door. Roof is
from 2021. Basic cable includes HBO. Association has no minimum
FICO score requirement. Property is in Probate. Community has a
pool, tennis courts and a beautiful clubhouse. Conveniently located
near shopping centers, the FL Turnpike, and I-95.
Unit Size
1,332 Ft²
Days on Market
115 days
Land Size
-
Price per sqft
$199
Property Type
Condo
Property Taxes
$291
HOA Dues
$539
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: 3 months ago (Beaches MLS #R11009475)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Aug 3, 2024 | Listed by Century 21 Tenace Realty Inc | $264,500 | |
| Listed by Century 21 Tenace Realty Inc | |||
| | |||
|
Corner lot! Lakeview! New kitchen appliances! This spacious 1332 sq ft home is located in a gated 55+ community in highly desirable Boca Raton. The eat-in kitchen has granite counters, lots of cabinets, a snack bar, and includes new stainless stove, refrigerator, dishwasher and microwave, Bright and sunny Florida room leads to large screened patio overlooking peaceful lake view. Washer and dryer inside unit. Attic has pull-down stairs. Accordion shutters thruout. 2 car spaces right outside your door. Roof is from 2021. Basic cable includes HBO. Association has no minimum FICO score requirement. Property is in Probate. Community has a pool, tennis courts and a beautiful clubhouse. Conveniently located near shopping centers, the FL Turnpike, and I-95.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Eat-in Kitchen, Walk-In Closet(s), Attic, LivingDiningRoom, MainLevelPrimary, PullDownAtticStairs, SplitBedrooms, TubShower
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Washer
Flooring Type: Ceramic Tile, Wood
Laundry Features: Inside
Rooms: 7
Exterior Details
Square Footage: 1332
Security Features: Gated with Guard, Gated Community
Property Condition: Resale
Year Built: 1984
Waterfront Features: Lake Front
Building Area Total: 1332
Levels: Multi/Split, One
Window Features: Blinds, Sliding
Construction Materials: Block, Frame, Stucco
Patio and Porch Features: Patio, Screened
Pool Features: Association
Lot Features: SprinklerSystem
Water Source: Public
Financial Details
Tax Annual Amount: $3,497
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, Insurance, Maintenance Grounds, Pest Control, Sewer, Security, Water, CommonAreas
HOA/Condo/Coop Amenities: Clubhouse, Pool, Tennis Court(s)
HOA Fee: $539
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 |
|---|---|---|---|---|---|---|---|
|
08/03/2024
|
2 Bed
|
2 Bath
|
1332 ft²
|
$264,500
2 Bed
2 Bath
1332 ft²
|
$245,000
-7.37%
11/26/2024
|
Karen E Eason
CENTURY 21 Tenace Realty
|
Building Info
About Boca Lakes Condominiums
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Listed by: Karen E Eason
CENTURY 21 Tenace Realty
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R11009475
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.
CENTURY 21 Tenace Realty
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R11009475
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