$169,000

$330/sq ft

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Overview

Bedroom

1

Bath

1

Year Built

1971

Garage

2

Sqft

512

Property Type

Condominium

Property Description

Prime Downtown Boca Raton Investment Opportunity – Strong Rental Income Excellent opportunity to own a well-located 1-bedroom, 1-bathroom apartment in the heart of Downtown Boca Raton, currently generating $1,570/month in rental income (until November 2026). Ideal for investors seeking stable cash flow in a high-demand area. This unit features a spacious living area, updated bathroom, and ample storage throughout. The kitchen and appliances are in great condition, offering a clean, move-in-ready space for tenants. Located just steps from everything Boca has to offer: Walking distance to Mizner Park Minutes from IPIC Theaters Boca Raton, top restaurants, shops, and the post office Near the future **Brightline Boca Raton station, adding long-term value and convenience The building offers common laundry facilities on each floor, with this unit located just steps away for added convenience. Includes one assigned parking space plus ample guest parking. A rare chance to own in one of Boca Raton’s most desirable and walkable locations with immediate income and future upside.

Property Details

MLS#

A12017785

Garage

2

Unit Floor

2

Total Floor in Bldg

2

Address

500 2nd Ave SW

City

Boca Raton

State/county

FL

Zip/Postal Code

33432

Area

Boca Towne Centre Condo

Country

United States

HOA

Yes

Assoc Fee

$578

Assoc Fee Pd

Monthly

Tax Amount

$1,799

Maint Fee

$--

Tax Year

2025

Other Equipment/Appliances

Other View

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Boris Gelfand