About This Property
Residential in Boca Raton
Investor Opportunity! Wonderful long-term Tenant in place with a strong nearly 7% cap rate and immediate rental income from day one! This well-maintained 2-bedroom, 1-bath second floor condominium unit is located in the heart of desirable West Boca Raton and offers an excellent addition to any investment portfolio. Featuring a brand new HVAC system, updated kitchen with modern cabinetry, decorative tile backsplash, full appliance package including dishwasher, tile flooring throughout, a timelessly updated bathroom, generous walk-in closets, and a spacious screened balcony overlooking a peaceful courtyard. Conveniently located near shopping, dining, public transportation, major roadways, and everyday conveniences, this condo is positioned in a highly desirable rental market. One assigned parking space, additional storage, community pool and common laundry on the same floor add to the property’s appeal. Whether you’re looking to expand your portfolio or purchase your first investment property, this is a turnkey opportunity with income in place. Condo does allow rentals immediately after closing with no waiting period. Maintenance fee includes amenities, water, trash, sewer, exterior building insurance & pest control. Lease recently renewed through end of May 2027. Pet friendly up to 1 pet but not exceeding 20 inches in height.
Features & Amenities
Property Highlights
View
- Other
Cooling
- Central Air
Heating
- Central
Flooring
- Tile
Amenities
- Laundry
- Parking
- Pool
Appliances
- Dishwasher
- Electric Range
- Microwave
- Refrigerator
Possession
- Negotiable
Restrictions
- Limited # Vehicles
- Parking - No Motorcycle
- See Remarks
Listing Terms
- Cash
Porch Details
- Porch - Screened
ParkingFeatures
- Assigned
- Guest
Pets Allowed YN
- Yes
Tax Information
- Tax Reflects No Exemptions
Association Type
- Condominium
ExteriorFeatures
- Other
Parking Features
- Assigned
- Guest
SecurityFeatures
- None
Unit Description
- Exterior Catwalk
Exterior Features
- Other
Security Features
- None
Master BedroomBath
- Bedroom On Entry Level
Property Condition
- Resale
Special Information
- Sold As-Is
AssociationAmenities
- Pool
- Laundry
- Parking
Showing Requirements
- Showing Service
Outdoor Living Spaces
- Porch
PatioAndPorchFeatures
- Porch - Screened
- Porch
Construction Materials
- Other
Application Information
- 3-4 Weeks Approval
- Association Approval Required
Association Fee Includes
- Insurance
- Maintenance Grounds
- Pool Service
- Reserve Funds
- Roof Repairs
- Sewer
- Trash
- Water
Leasing Permitted Details
- Okay To Lease During First Year
Leasing
- Minimum lease: 365 days
- Leases per year: 1
Specifications
Property Details
Location