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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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500 SW 2nd Ave 2150 , Boca Raton, FL 33432
$169,000
Est. Payment: $375.56/mo
1 Bed
1 Bath
512 Sqft
Status: Active | Days on site: 43
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House 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.

Highlights

Listed by Marcelo Olsak , 954-338-8919 Florida Brokers Real Estate , 954-640-9111.

Property Type

Condo/Townhome

HOA Fee

578 Monthly

Year Built

1971

County

Palm Beach

Area

4260

Neighborhood

Boca Towne Centre Condo

Listing ID

A12017785

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:1
Air Cond:Central Air
Fireplaces:
Other:
  • Additional:Pets Allowed

Exterior Features

Principal Interest
$376
Taxes
$150
HOA
$578

Home Price

$169,000

Loan Details

30 yrs
%

Down Payment

20%
$33,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$375.56

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $375.56 $149.92 $578.00 $1,103.47
Yearly $4,506.67 $1,799.00 $6,936.00 $13,241.67
Total $135,200.00 $53,970.00 $208,080.00 $397,250.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Boca Raton, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.