640 2nd Ave ,Detached, Quadruplex, Lawns for Sale

640 2nd Ave for Sale

Price $5,950,000.00

• Lot size 17726
• Year Build 1967
• Waterfront
• Zip 33435
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

The Palms is a prime opportunity to purchase a 24 unit garden-style community located in Boynton Beach, Florida just steps from the beach! The Palms is comprised (20) 1br/1ba, (4) 2br/2ba, a separate cbs building which can be converted to storage, or additional unit(s). The property benefits from excellent walkability to the beach, Boynton Harbor Marina and restaurants. The Boynton Beach neighborhood has seen tremendous growth with its favorable location and close proximity to Downtown Delray Beach and West Palm beach. With its prime location and solid structure, The Palms delivers a competitive product to the market, capable of outperforming comparable options within the growing segment and positioning itself as a generational asset. New Roof 2024, Hurricane Impact Doors, Light Value Add

LAWNS LTS 26 THRU 32

3/4 To Less Than 1 Acre Lot

The Palms is a prime opportunity to purchase a 24 unit garden-style community located in Boynton Beach, Florida just steps from the beach! The Palms is comprised (20) 1br/1ba, (4) 2br/2ba, a separate cbs building which can be converted to storage, or additional unit(s). The property benefits from excellent walkability to the beach, Boynton Harbor Marina and restaurants. The Boynton Beach neighborhood has seen tremendous growth with its favorable location and close proximity to Downtown Delray Beach and West Palm beach. With its prime location and solid structure, The Palms delivers a competitive product to the market, capable of outperforming comparable options within the growing segment and positioning itself as a generational asset. New Roof 2024, Hurricane Impact Doors, Light Value Add

City:Boynton Beach,Zoning:R3 (city,Cooling:1:Central Air,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2024,Latitude:26.5254775,Cooling Y N:1,Heating Y N:1,List Price:5950000,Listing Id:A11612078,Longitude:-80.0564689,Mls Status:Active,Year Built:1967,Directions:East of US 1 just south of Ocean Ave in Boynton Beach.,Living Area:17726,Postal Code:33435,Street Name:2nd Ave,Coordinates:1:26.5254775,Photos Count:24,Building Name:LAWNS,Days On Market:2,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:5004,M L S Area Major:Lawns,On Market Date:2024-06-24,Parcel Number:08434527040000260,Parking Total:36,Property Type:Residential Income,Rent Includes:1:Gardener,Stories Total:2,Street Number:640,M I A M I R E_ Style:Fourplex,Public Remarks:The Palms is a prime opportunity to purchase a 24 unit garden-style community located in Boynton Beach, Florida just steps from the beach! The Palms is comprised (20) 1br/1ba, (4) 2br/2ba, a separate cbs building which can be converted to storage, or additional unit(s). The property benefits from excellent walkability to the beach, Boynton Harbor Marina and restaurants. The Boynton Beach neighborhood has seen tremendous growth with its favorable location and close proximity to Downtown Delray Beach and West Palm beach. With its prime location and solid structure, The Palms delivers a competitive product to the market, capable of outperforming comparable options within the growing segment and positioning itself as a generational asset. New Roof 2024, Hurricane Impact Doors, Light Value Add,Structure Type:1:Fourplex,County Or Parish:Palm Beach County,List Office Name:ONE Commercial LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5009,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SE,Subdivision Name:LAWNS,Tax Annual Amount:65216,Unparsed Address:640 SE 2nd Ave, Boynton Beach FL 33435,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:17726,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:335.6651,Original List Price:5950000,Documents Available:1:Other Available Information,2:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:24,Syndication Remarks:The Palms is a prime opportunity to purchase a 24 unit garden-style community located in Boynton Beach, Florida just steps from the beach! The Palms is comprised (20) 1br/1ba, (4) 2br/2ba, a separate cbs building which can be converted to storage, or additional unit(s). The property benefits from excellent walkability to the beach, Boynton Harbor Marina and restaurants. The Boynton Beach neighborhood has seen tremendous growth with its favorable location and close proximity to Downtown Delray Beach and West Palm beach. With its prime location and solid structure, The Palms delivers a competitive product to the market, capable of outperforming comparable options within the growing segment and positioning itself as a generational asset. New Roof 2024, Hurricane Impact Doors, Light Value Add,Listing Contract Date:2024-06-24,Originating System I D:miamire,Public Survey Section:27,Showing Instructions:Call Listing Agent,Street Number Numeric:640,Tax Legal Description:LAWNS LTS 26 THRU 32,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:.5%,M I A M I R E_ Internet Remarks:A+ Location 24 units plus 1200 sf+/- bonus building! New Roof 2024, CBS, (2) coin laundry rooms, great walkability to beaches and restaurants.,Contract Status Change Date:2024-06-24,Internet Address Display Y N:1,Number Of Units In Community:2,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Transaction Broker Compensation:1%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 1%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:335.67,