2396 NE 5th Avenue, Boca Raton, FL 33431

$425,000

Property Type: Residential Income Square Footage: 2,262 Status: Closed

Current Price: $425,000 List Date: 3/29/2018 Last Modified: 8/06/2026

Overview

Description

EXCELLENT INVESTMENT opportunity in fabulous East Boca LOCATION near beach, FAU, great shopping & restaurants. 2/2 & 1/1, w/ GARAGE & POOL. UPDATED and occupied with GREAT TENANTS, but still room to add more value. This duplex has a detached garage (432 sq ft, 1.5 car) rented for $200 per month, fully fenced backyard, pool, IMPACT GLASS, new white shaker kitchen cabinetry & granite countertops, new Core Tech flooring throughout, which is a vinyl plank that looks just like wood but more durable & waterproof. 1 Bedroom unit has a newly renovated bathroom w/ tub. 2/2 unit has cute old florida bathrooms, which could be updated to justify increased rent in future. Shared LAUNDRY room with separate access from exterior. private driveways & lots of extra parking.

Supplements: Please do not disturb the tenants. I can show the interior of the units and provide financials & leases upon receipt of an executed contract. This duplex is renovated and occupied with great tenants & no pets. The annual income is $2400 for garage, $19,200 for two bedroom unit, $15,600 for one bedroom unit. The annual expenses are as follows: $4, ... (Read more)

Listing Details MLS# R10418461

General Property Information

Number Of Units Total: 3
Property Sub Type: Duplex
Building Area Main: 2262
Building Area Source: Public Records
Living Area Main: 1532
Year Built: 1968
Lot Size Area: 9114
Lot Size Acres: 0.21
Lot Size Dimensions: 88.0 ft x 110.0 ft
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: Yes
Pool Private YN: Yes

Property Features

Association Amenities: Sidewalks; Street Lights Documents Available: Accounting Statements; Copy Of Lease(s); Deposit - Security Electric: Three Phase Fencing: Fenced Flooring: Tile; Wood Property Condition: Resale Tenant Pays: Cable TV; Electricity Source Of Expenses: Accountant Provided; Owner Provided; Tax Return Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Heating: Central Listing Terms: Cash; Conventional Lot Features: Sidewalks Pool Features: In Ground Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Road Frontage Type: Public Road Roof: Composition Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler; Zoned Sprinkler Tax Information: City/County Utilities: Sewer Available; Water Available View: Pool Water Access: None Water Source: Public; Well Window Features: Storm Window(s) Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Occupied; Text Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Open Unit 1 Appliances: Disposal; Dryer; Range; Refrigerator; Washer Unit 1 Interior Features: Built-in Shelves; Pantry; Split Bedroom Plan Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings Unit 1 Parking Features: Open Parking; Parking Space Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Appliances: Disposal; Range; Refrigerator Unit 2 Interior Features: Built-in Shelves; Pantry Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings Unit 2 Parking Features: Open Parking; Parking Space Unit 2 Rooms: Kitchen; Laundry Room Contingencies: None Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 499000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 2396
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Avenue
City Name: Boca Raton
State Or Province: FL
Postal Code: 33431
Postal Zip: 33431
Subdivision Name: WINFIELD PARK UNIT 2
Area: 4250
Geographic Area: PB02
Elementary School: J. C. Mitchell
Middle Or Junior School: Boca Raton Community
High School: Boca Raton
Parcel Number: 06434717100070110
Zoning: R2(cit
Directions: Take Federal Hwy to NE 25th Terrace West to NE 5th Avenue South, property on the East side. Located approximately 1 mile from the beach. North of Glades Road, South of Yamato, just West of Federal Hwy

Financial Information

Tax Annual Amount: 4613.22
Tax Year: 2017
Tax Legal Description: WINFIELD PARK LT 11 BLK 7

Status Change Information

Major Change Timestamp: 2018-10-01T21:23:46Z
Major Change Type: Status Change
Price Change Timestamp: 2018-08-20T19:30:07Z
Status Change Date: 2018-10-01
Under Contract Date: 2018-09-06
Close Date: 2018-10-01
Close Price: 425000
Buyer Financing: Cash

More Information

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: No

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 10064
Gross Income: 37200
Net Operating Income: 27136

Storm Protection

Impact Glass: Partial

Unit 1 Details

Actual Rent: 1600
Baths Full: 2
Furnished: Unfurnished
SqFt: 910

Unit 1 Lease Description

Lease Expiration: 2018-09-30

Unit 2 Details

Actual Rent: 1300
Baths Full: Yes
Furnished: Unfurnished
SqFt: 622

Unit 2 Lease Description

Lease Expiration: 2018-12-31

Price Calculations

Current Price To SqFt: 277.41
Original List Price To Close Price: 1.17

Originating Details

Originating System Key: 20180305165515582319000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

Sidewalks: Yes
Street Lights: Yes

Electric

Three Phase: Yes

Flooring

Tile: Yes
Wood: Yes

Property Condition

Resale: Yes

Special Information

Sold As-Is: Yes

Documents Available

Accounting Statements: Yes
Copy Of Lease(s): Yes
Deposit - Security: Yes

Fencing

Fenced: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Sewer Available: Yes
Water Available: Yes

View

Pool: Yes

Heating

Central: Yes

Sprinkler Description

Auto Sprinkler: Yes
Zoned Sprinkler: Yes

Water Access

None: Yes

Window Features

Storm Window(s): Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Sidewalks: Yes

Pool Features

In Ground: Yes

Road Frontage Type

Public Road: Yes

Roof

Composition: Yes

Water Source

Public: Yes
Well: Yes

Source Of Expenses

Accountant Provided: Yes
Owner Provided: Yes
Tax Return: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes
Occupied: Yes
Text Listing Agent: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Open: Yes

Contingencies

None: Yes

Unit 1 Appliances

Disposal: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Interior Features

Built-in Shelves: Yes
Pantry: Yes
Split Bedroom Plan: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes
Window Coverings: Yes

Unit 1 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 1 Patio/Porch

Patio/Porch: Yes

Unit 1 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 2 Appliances

Disposal: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Interior Features

Built-in Shelves: Yes
Pantry: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes
Window Coverings: Yes

Unit 2 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 2 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 3 Details

Actual Rent: 0
SqFt: 0

Unit 4 Details

Actual Rent: 0
SqFt: 0

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: Keller Williams Realty Boca Raton

Last Updated: August - 06 - 2026

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