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$59,900
● Condo - Off Market

#30

Boca Raton, FL
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,140 Ft²
$130,737
RealtyHop Estimate
118.26%
Since Jul 1, 2011
National-US
Primary Model

About This Property

SPACIOUS 3 BED 2 BATH CORNER UNIT IN THE HEART OF BOCA RATON ON THE SECOND FLOOR CLOSE TO SCHOOLS, MIZNER PARK, LOCAL AMENITIESTHIS IS A FANNIE MAE HOMEPATH PROPERTY.THIS IS A FANNIE MAE HOMEPATH PROPERTY, PUCHASE THIS PROPERTY FOR AS LITTLE AS 3% DOWN! T HIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING. THIS PROPERTY IS APPROVED FOR HOMEPATH MORTGAGE FINANCING. CLOSE BY JUNE 30, 2011 & REQUEST UP TO 3.5% OF THE FINAL SALES PRICE FOR CLOSING COST ASSISTANCE. ELIGIBITY RESTRICTIONS APPLY.
Unit Size
1,140 Ft²
Days on Market
-
Land Size
-
Price per sqft
$53
Property Type
Condo
Property Taxes
$181
HOA Dues
-
Year Built
-

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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: 3 years ago (Beaches MLS #F1116331)

Price History

Date / Event Date Event Price
Jun 10, 2011 Sold
Premium
Sold
May 3, 2011 Listed by RE/MAX Complete Solutions $59,900
Listed by RE/MAX Complete Solutions

Property Highlights

Parking Details
Parking Features: 2 Or More Spaces, Assigned Parking
Parking Restriction: No Rv/Boats
Interior Details
Full Bathrooms: 2
Interior Features: First Floor Entry
Appliances: Other Equipment/Appliances, Refrigerator
Flooring Type: Tile Floors, Carpeted Floors
Exterior Details
Listing Terms: Other Terms
Construction Type: Cbs Construction
Exterior Features: None
Financial Details
Total Taxes: $2,176
Tax Year: 2009
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Location: MAP QUEST
Front Exposure: East
Subdivision Complex Building: BOCA REAL VILLAS CONDO 1

Comparables

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

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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BEACHES

Listed by: Pamela Brawer
RE/MAX Complete Solutions
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1116331
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.
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