NOT LISTED FOR SALE

418 NW 11th Ave Unit E Boynton Beach, FL 33435

Heart of Boynton Neighborhood

Estimated Value: $343,249 - $407,000

2 Beds
2 Baths
1,032 Sq Ft
$371/Sq Ft Est. Value

Sale Details

Date Sold: May 2, 2019

Last sale price $130,000 $126 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $2,377 / mo

87 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 4-minute walk to Wilson Park
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of May 2019

Cheapest, rented duplex on the market in Palm Beach County! This property is priced to sell. Both units are 2 bedrooms and 1 bathroom and currently rented month-to-month at $750 each. The tenants pay all utilities! Roof replaced in 2015. Cash-flow day one, or improve units to increase the rents and your return! In-Place Revenue: $18,000; Expenses: $4,670, NOI: $13,330 = 9.20% Cap Rate.** Revenue could be increased to $21,600 per year with minor upgrades. Leveraged returns projected at 17%++** ** Disclosure: Figures provided based on actual and projected data. Information deemed accurate but not guaranteed. No guarantee of financial performance either express or implied. Buyer to complete their own due diligence and financial analysis.

Last Agent to Sell the Property

Dan DeMott

LPT Realty, LLC License #3303428 Listed on: 04/16/2019

LPT Realty, LLC

Last Buyer's Agent

Javaid Iqbal

LPT Realty, LLC License #678817

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,793

Year Built

  • Built in 1952

Lot Details

  • 5,084 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction
  • Tar and Gravel Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 2 Bathrooms
  • 1,032 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08434521140003060

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Cherry Hills Subdivision

Building Details

  • Gross Income $18,000
  • Net Operating Income $13,330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,793

Year Built

Built in 1952

Lot Details

5,084 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I-95 To Boynton Beach Blvd. BBB East to Seacrest Seacrest North to 11th Ave. 11th Ave West to Property.
  • Year Built: 1952
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1032.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, Hollow Tile, Stucco
  • Property Condition: Resale
  • Roof: Built-Up, Tar/Gravel

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 08434521140003060
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.2
  • Mobile Dim Units: Feet
  • Zoning: R2(cit

Rental Info

  • Tenant Pays: Electricity, Sewer, Water

Multi Family

  • Property Net Operating Income: 13330.0
  • Number Of Units In Community: 2
  • Annual Gross Income: 18000.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1793.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
May 2, 2019
Sold by
Damiani George A
Bought by
Pen Ric Llc
Seller's Agent
Dan DeMott
LPT Realty, LLC
Buyer's Agent
Javaid Iqbal
LPT Realty, LLC
List Price
$144,950
Sold Price
$130,000
Premium/Discount to List
-$14,950
-10.31%
Current Estimated Value
$383,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,062
Avg. Annual Appreciation
16.93%

Purchase Details

Closed on
Sep 17, 2015
Sold by
New York Community Bank
Bought by
Damiani George A

Purchase Details

Closed on
Sep 23, 2014
Sold by
Flynn Kristine
Bought by
New York Community Bank

Purchase Details

Closed on
Sep 11, 2009
Sold by
Dysch Jeremy and Flynn Kristine
Bought by
Flynn Kristine

Purchase Details

Closed on
May 31, 2005
Sold by
Ganoe William
Bought by
Dysch Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.69%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pen Ric Llc $130,000 Florida Land Title Ins Llc
Damiani George A $44,000 New House Title Llc
New York Community Bank $10,100 None Available
Flynn Kristine -- Attorney
Dysch Jeremy $112,500 Clear Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dysch Jeremy $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2019 05/02/19 Sold $130,000 -10.3% $126 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
01/26/2019 01/26/19 For Sale $144,950 -- $140 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $3,984 $160,582 -- --
2024 $3,984 $145,984 -- --
2023 $3,623 $132,713 $30,744 $177,748
2022 $3,252 $120,648 $0 $0
2021 $2,868 $125,443 $22,185 $103,258
2020 $2,564 $99,709 $15,400 $84,309
2019 $2,235 $101,961 $14,280 $87,681
2018 $1,970 $85,174 $14,300 $70,874
2017 $1,793 $68,770 $13,000 $55,770
2016 $1,607 $55,578 $0 $0
2015 $1,587 $53,179 $0 $0
2014 $1,553 $49,189 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan DeMott

    Seller's Agent in 2019

    Dan DeMott

    LPT Realty, LLC

    (561) 329-4972

    1 in this area

    101 Total Sales

    Dan DeMott
    Section Image
  • Javaid Iqbal

    Buyer's Agent in 2019

    Javaid Iqbal

    LPT Realty, LLC

    (561) 252-1407

    1 in this area

    17 Total Sales

    Javaid Iqbal
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10499194

BeachesMLS (Greater Fort Lauderdale)

APN: 08-43-45-21-14-000-3060

Florida Palm Beach County Boynton Beach 33435 Heart of Boynton

418 NW 11th Ave Unit E, Boynton Beach, FL

Not Listed for Sale

MultiFamily

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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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