3500 NW 5th Avenue, Boca Raton, FL 33431

Overview

Description

This rare development opportunity in East Boca Raton has numerous possibilities. Currently, there is a landmark home that graces the property that can be razed or relocated as needed. The property is sub-dividable and sits on nearly an acre of land (32,424 sq ft) and can accommodate 3 new homes or other conditional use possibilities. University Village a mixed use project owned by Penn Florida has been approved by city council and will no doubt add some considerable value to this area in the future. Approximately 1 mile to the beach, walking distance to FAU and seconds from the new 1-95 interchange. Close to all worship. Amazing opportunity here. Call your Investors now!!

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: Yes
Building Area Main: 4860
Building Area Source: Public Records
Living Area Main: 3568
Year Built: 1937
Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Lot Size Area: 32424
Lot Size Acres: 0.74
Lot Size Dimensions: 257.0 ft x 0.0 ft
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: West
Fireplace YN: Yes
Pool Private YN: No
Furnished: Unfurnished

Property Features

Flooring: Wood Parking Features: Garage Door Opener; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Gas Range; Refrigerator; Washer Architectural Style: Georgian Construction Materials: Brick; Frame Cooling: Wall/Window Unit(s); Other Heating: Window/Wall; Other Listing Terms: Cash; Conventional Lot Features: Room for Pool Pets Allowed YN: Yes Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Tax Information: Homestead Exemption Unit Description: Corner/End Unit Utilities: Electricity Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Screened Contingencies: None Room Types: Kitchen; Living Room; Maid/In-Law Quarters; Master Bedroom Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 750000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 3500
Street Direction Prefix: NW
Street Name: 5th
Street Suffix: Avenue
City Name: Boca Raton
State Or Province: FL
Postal Code: 33431
Postal Zip: 33431
Subdivision Name: BOCA RATON HILLS
Area: 4250
Geographic Area: PB02
Elementary School: J. C. Mitchell
Middle Or Junior School: Boca Raton Community
High School: Boca Raton
Special Assessment YN: No
Parcel Number: 06434707020260031
Zoning: R1D(ci
Directions: 4th avenue north to 35th street make right then turn left on 5th avenue home is on right
Multiple Offers Accepted: Yes

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 6217.39
Tax Year: 2015
Tax Legal Description: BOCA RATON HILLS SEC 3 NLY 99.37 FT OF W 50 FT OF LT 3 BLK 26 & 07-47-43, TOWN OF BOCA RATON PAR 3 IN DB899P428 (LESS

Status Change Information

Major Change Timestamp: 2016-10-18T19:04:20Z
Major Change Type: Status Change
Status Change Date: 2016-10-18
Under Contract Date: 2016-08-03
Close Date: 2016-10-13
Close Price: 675000
Buyer Financing: Cash

More Information

Short Sale Details

Short Sale Addendum: No

Room Types

Kitchen Level: First
Living Room Level: First
Master Bedroom Level: First

Price Calculations

Current Price To SqFt: 189.18
Original List Price To Close Price: 1.11

Originating Details

Originating System Key: 20160428135758248071000000
Originating System ID: M00000170

Room Information

Room Name	Length	Width	Level
Living Room	16.00	25.00	First
Kitchen	10.00	21.00	First
Master Bedroom	13.00	16.00	First
Maid/In-Law Quarters