NOT LISTED FOR SALE

140 W Ocean Ave Boynton Beach, FL 33435

Downtown Boynton Neighborhood

Estimated Value: $598,623 - $671,000

2 Beds
2 Baths
2,475 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $590,000 $238 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,028/month

41 Days on Market

Highlights

  • Porch
  • Tile Flooring
  • 3-minute walk to Boynton Beach Children Park
  • Open Patio
  • Central Heating and Cooling System

About This Home

As of June 2024

Peaceful neighborhood, 5 min away from 1-95, close to restaurants, gas stations, churches and school. 7-9 minutes away from Ocean Front Beach Park, Ocean Ridge Natural Arenal, Ocean Ridge Hammock Park Beach, great area for swimming, sun-bathing, enjoy nature, hiking + relaxing. At walking distance to the Marina Village at Boynton (3 min away driving).6 minutes away from the Riverwalk Plaza with great restaurants, Pharmacy, Walgreens, Publix, Panera, Starbucks and more! The property is currently an Airbnb, 2 bed 2 bath, living room, dining room, kitchen, laundry room and a back area for outdoor furniture, huge garden, enough space to build a pool. Great profits, it also have a separate unit with 1 bedroom, 1 bathroom, living room and kitchen.

Last Agent to Sell the Property

Tracy Benjamin

Realty ONE Group Innovation License #3575148 Listed on: 04/26/2024

Realty ONE Group Innovation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,999

Year Built

  • Built in 1952

Lot Details

  • 0.3

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 2,475 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 08434528100120010

Community Details

Overview

  • 2 Units
  • Boynton Heights Subdivision

Building Details

  • Operating Expense $3,800
  • Net Operating Income $98,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,999

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1952
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2475.0

Exterior Features

  • Exterior Features: Porch
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 08434528100120010
  • Lot Size: 1/4 to 1/2 Acre
  • Zoning Description: R-1-A(

Multi Family

  • Property Net Operating Income: 98000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 3800.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7999.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jun 7, 2024
Sold by
Giovannozzi Michael A
Bought by
Panesso Sandra
Seller's Agent
Tracy Benjamin
Realty ONE Group Innovation
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Views
12
Current Estimated Value
$630,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,156
Avg. Annual Appreciation
4.40%
Original Mortgage
$442,500
Outstanding Balance
$437,819
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$186,690

Purchase Details

Closed on
Jun 13, 2006
Sold by
Cooney Riley J
Bought by
Giovannozzi Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 3, 2005
Sold by
Cooney Riley J
Bought by
Cooney Riley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 5, 2003
Sold by
Daltilio Michael
Bought by
Cooney Riley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 1998
Sold by
Shepard Eleanor M
Bought by
Daltilio Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Panesso Sandra $590,000 None Listed On Document
Giovannozzi Michael A $385,000 Corporate Title Inc
Cooney Riley J -- --
Cooney Riley J $230,000 All Island Title Inc
Daltilio Michael $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panesso Sandra $442,500
Previous Owner Giovannozzi Michael A $308,000
Previous Owner Cooney Riley J $218,500
Previous Owner Daltilio Michael $73,000
Previous Owner Daltilio Michael $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $590,000 0.0% $238 / Sq Ft
06/07/2024 06/07/24 Sold $590,000 -5.6% $238 / Sq Ft
04/26/2024 04/26/24 For Sale $625,000 0.0% $253 / Sq Ft
04/11/2024 04/11/24 For Sale $625,000 -- $253 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,243 $343,250 -- --
2023 $7,999 $312,045 $168,750 $355,758
2022 $6,996 $283,677 $0 $0
2021 $6,204 $321,022 $85,800 $235,222
2020 $5,681 $287,442 $85,800 $201,642
2019 $5,237 $260,128 $79,800 $180,328
2018 $4,926 $277,485 $62,890 $214,595
2017 $4,497 $241,700 $64,835 $176,865
2016 $4,169 $160,128 $0 $0
2015 $3,796 $145,571 $0 $0
2014 $3,455 $132,337 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tracy Benjamin

    Realty ONE Group Innovation

    (305) 922-4885

    2 in this area

    2 Total Sales

    Tracy Benjamin
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Map

Source: BeachesMLS

MLS Number: R10981956

BeachesMLS

APN: 08-43-45-28-10-012-0010

Florida Palm Beach County Boynton Beach 33435 Downtown Boynton

140 W Ocean Ave, Boynton Beach, FL

This home is located at 140 W Ocean Ave, Boynton Beach, FL 33435 since 26 April 2024 and is currently estimated at $630,156, approximately $254 per square foot. This property was built in 1952. 140 W Ocean Ave is a home located in Palm Beach County with nearby schools including Forest Park Elementary School, Boynton Beach Community High School, and Congress Community Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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