2847-2849 NE 2nd Avenue, Boca Raton, FL 33431

$440,000

Property Type: Residential Income Square Footage: 1,974 Status: Closed

Current Price: $440,000 List Date: 6/29/2021 Last Modified: 8/06/2026

Overview

Description

ORIGINALLY A LEGAL 2/2 ON EACH SIDE, PRESENTLY RENTED AS 2-1/1 AND 2-EFF. PRESENTS AN OPPORTUNITY TO PURCHASE THE MOST AFFORDABLE MULTIFAMILY IN BOCA RATON. CLEAN UP TO ATTRACT NEW HIGHER PAYING TENANTS FOR THE AREA. CLOSE TO EVERYTHING BOCA HAS TO OFFER AND ONE BLOCK FROM DIXIE MAKES PUBLIC TRANS EASY TO ACCESS. JUST A FEW BLOCKS TO DOWNTOWN BOCA/MIZNER PARK AND ALL THE NOW THAT IS GOING ON. DUPLEX IN EAST BOCA RATON WITH QUICK ACCESS TO 95, TOWN CENTER AND THE BEACH, THIS UNIT IS READY FOR IMPROVEMENTS AND HIGHER RETURNS. PROPERTY WAS UPDATED IN 2019 WITH A NEW ROOF.

Listing Details MLS# R10727401

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 1974
Building Area Source: Public Records
Living Area Main: 1818
Year Built: 1964
Gated Community YN: No
Lot Size Area: 8154
Lot Size Acres: 0.19
Lot Size Dimensions: 75.0 ft x 110.0 ft
Senior Community YN: No
Stories: Yes
Pool Private YN: No

Property Features

Association Amenities: None Documents Available: None Electric: Three Phase Exterior Features: None Flooring: Carpet; Ceramic Tile Property Condition: Resale Tenant Pays: Cable TV Source Of Expenses: Other Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: None Listing Terms: Cash Possession: Negotiable Restrictions: No Restrictions Roof: Composition Sewer: Public Sewer Storm Protection Details: None Tax Information: No Homestead Utilities: Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Schedule Online Unit 1 Appliances: Range Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Open Parking Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Open Parking 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: 2847-2849
Street Direction Prefix: NE
Street Name: 2nd
Street Suffix: Avenue
City Name: Boca Raton
State Or Province: FL
Postal Code: 33431
Postal Zip: 33431
Subdivision Name: CHATHAM HILLS
Area: 4250
Geographic Area: PB02
Parcel Number: 06434717060110130
Zoning: R2(cit
Directions: DIXIE HWY NORTH OF 20TH ST. TO ne 28th St. EAST TO 2ND AVE NORTH TO PROPERTY ON YOUR LEFT.

Financial Information

Tax Annual Amount: 5166.42
Tax Year: 2020
Tax Legal Description: CHATHAM HILLS LT 13 BLK 11

Status Change Information

Major Change Timestamp: 2021-11-22T17:04:55Z
Major Change Type: Status Change
Status Change Date: 2021-11-22
Under Contract Date: 2021-10-13
Close Date: 2021-11-22
Close Price: 440000
Buyer Financing: Trade

More Information

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 12000
Gross Income: 36000
Net Operating Income: 10000

Unit 1 Details

Actual Rent: 875
Baths Full: Yes
Furnished: Unfurnished
SqFt: 909

Unit 2 Details

Actual Rent: 625
Baths Full: Yes
Efficiency YN: Yes
Furnished: Unfurnished
SqFt: 100

Unit 3 Details

Actual Rent: 875
Baths Full: Yes
Furnished: Unfurnished
SqFt: 909

Unit 4 Details

Baths Full: Yes
Efficiency YN: Yes
Furnished: Unfurnished
SqFt: 100
Actual Rent: 0

Buyer Details

Zip Code: 20902

Price Calculations

Current Price To SqFt: 242.02
Original List Price To Close Price: 1.13

Originating Details

Originating System Key: 20210624140427957299000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

None: Yes

Electric

Three Phase: Yes

Exterior Features

None: Yes

Flooring

Carpet: Yes
Ceramic Tile: Yes

Property Condition

Resale: Yes

Documents Available

None: Yes

Tenant Pays

Cable TV: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Sewer Available: Yes
Water Available: Yes

View

Garden: Yes

Heating

None: Yes

Water Access

None: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes

Roof

Composition: Yes

Water Source

Public: Yes

Source Of Expenses

Other: Yes

Cooling

Wall/Window Unit(s): Yes

Showing Requirements

24 Hour Notice: Yes
Schedule Online: Yes

Restrictions

No Restrictions: Yes

Storm Protection Details

None: Yes

Tax Information

No Homestead: Yes

Contingencies

None: Yes

Unit 1 Appliances

Range: Yes

Unit 1 Parking Features

Open Parking: Yes

Unit 1 Rooms

Kitchen: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Open Parking: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Open Parking: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes

Unit 4 Parking Features

Open Parking: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: Residential Team Realty LLC

Last Updated: August - 06 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.