640 Southeast 2nd Avenue

Boynton Beach, FL 33435

$5,950,000
Price
Beds
17,726 Sq. Ft.
$336 / Sq. Ft.
17,726
Sq. Ft.
$336
per Sq. Ft.

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...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
  1. Listed by Alexis Shapiro • ONE Commercial LLC

Property Details for 640 Southeast 2nd Avenue

Subdivision
LAWNS
Style
Fourplex
Waterfront
No
Area
5004
Geographic Area
Palm Beach 5001; 5002; 5003; 5004
Auction
No
Total Units
24
Num Stories
2
LISTING UPDATED: 12/13/2024 01:05 PM

Property Details for 640 Southeast 2nd Avenue

StatusActive
MLS #A11612078
Days on Market178
Taxes$65,216 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1967
Lot Size-
CountyPalm Beach County

Building

LAWNS

2 StoriesBuilt in 1967

Building Information for 640 Southeast 2nd Avenue

Stories2Residences-Year Built1967Building Size-Lot Size-

Property Information for 640 Southeast 2nd Avenue

Location Information
Location Information
  • Parcel Number Free Text: 08434527040000260
  • Parcel Number MLX: 0260
  • MLS Area: 5004
  • Section: 27
  • Subdivision Number: 4
  • Subdivision Complex Bldg: LAWNS
  • Unit Count: 2
  • Zoning Information: R3 (city
General Information
Parking
  • Num Parking Spaces: 36
General Information
  • Property Type Information: Detached
  • Lot Description: 3/4 To Less Than 1 Acre Lot
  • Pool: No
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Flat Tile Roof
  • Flooring: Laminate Floors, Tile Floors
  • Floor Description: Laminate Floors, Tile Floors
  • Directions: East of US 1 just south of Ocean Ave in Boynton Beach.
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Ceiling Fans, Central Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Hot Water, Lawn Care
  • Storm Protection: High Impact Door
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: AE,X
  • Tax Year: 2024
  • Tax Information: Tax Reflects City & County Tax
  • Information Available: Copy Of Lease(S), Other Available Information, Rent Rolls

Property History for 640 Southeast 2nd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 640 Southeast 2nd Avenue

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - PK to 5
Rating
School
Distance
Forest Park Elementary School
PublicPK to 5

Congress Community Middle School
Public6 to 8

Boynton Beach Community High School
Public6 to 12

Poinciana Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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640 Southeast 2nd Avenue is a multi-family home for sale in Boynton Beach, FL 33435. This property was listed for sale on June 24, 2024 by ONE Commercial LLC, it's currently listed at $5,950,000. This listing's school district is Palm Beach. Nearby schools include Forest Park Elementary School, Congress Community Middle School and Boynton Beach Community High School. 640 Southeast 2nd Avenue is a 0-bed, 0-bath, 17,726 sqft multi-family home built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ONE Commercial LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.