330 Olivewood Place 217, Boca Raton, FL 33431

Overview

Description

Investor’s Dream in East Boca! Fantastic investment opportunity in Lake Windwood community! The second Largest city in Palm Beach. 2 Split Bed, 2 Bath Apt. Washer and dryer, screened balcony with serene views of the lake and wildlife preserve. A great tenant is already in place, making this a perfect income-producing property from day one. Resort-style amenities, Two pools, Clubhouse, Dog park, Tennis / Racquetball courts, jogging / Biking trails, Picnic/BBQ area. Prime location, minutes from Universities FAU and Lynn, Hwy I-95, Spanish River Beach just 1.5 miles to the Beach. Top-rated schools, downtown Mizner Park, Trial-Rail, Shopping center, Grocery stores, different cuisine restaurants. 45 minutes N of Miami and 15 miles from Fort Lauderdale. Gated community for added security.

General Property Information

Unit Floor #: Yes
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 966
Living Area Main: 938
Year Built: 1986
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 2
Furnished: Unfurnished

Property Features

Application Information: 3-4 Weeks Approval; Association Approval Required Association Fee Includes: Common Areas; Recreation Facility Exterior Features: Barbecue Flooring: Carpet; Tile Leasing Permitted Details: Okay To Lease Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Bedroom Layout - Split; Vaulted Ceiling(s) Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Dogs OK Possession: Close Of Escrow Restrictions: Other Restrictions Road Frontage Type: West of US-1 Security Features: Security Fence; Security Guard Water Access: None Water View: Lake Waterfront Features: Lake Front Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Screened Contingencies: Inspection

Contract Information

Comp Sale YN: No
Original List Price: 297000
Occupant Type: Tenant

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 330
Street Name: Olivewood
Street Suffix: Place
Unit Number: 217
City Name: Boca Raton
State Or Province: FL
Postal Code: 33431
Postal Code +4: 3804
Postal Zip: 33431
Subdivision Name: LAKE WINDWOOD CONDO
Area: 4250
Geographic Area: PB04
Elementary School: J. C. Mitchell
Middle Or Junior School: Boca Raton Community
High School: Boca Raton
Special Assessment YN: No
Parcel Number: 06434717240072170
Subdivision Number: 24
Flood Zone: AH,AE,X
Directions: USE GPS

Financial Information

Association YN: Yes
Association Fee: 1866
Association Fee Frequency: Quarterly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 622
Membership Fee Required YN: No
Tax Annual Amount: 4131
Tax Year: 2024
Tax Legal Description: LAKE WINDWOOD COND VII UNIT 0-217

Status Change Information

Major Change Timestamp: 2025-07-30T16:33:18Z
Major Change Type: Status Change
Status Change Date: 2025-07-30
Under Contract Date: 2025-06-30
Close Date: 2025-07-30
Close Price: 280000
Buyer Financing: Conventional

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Entry Information

Entry Level: Yes

Leasing Permitted Details

Leasing Permitted YN: Yes

Parking Information

Open Parking Spaces: Yes

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 365

Buyer Details

Intended Use: Primary Residence

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 298.51

Section Details

Parcel Number MLX: 2170

Originating Details

Originating System Key: 409875008
Originating System ID: M00000151