$1,250,000
$125K PRICE DROP

4498 NW 2nd Ave Boca Raton, FL 33431

Boca Raton Hills Neighborhood

Estimated payment $7,393/month

Total Views 3,089
-- Bed
-- Bath
2,398 Sq Ft
$521 Price per Sq Ft

Highlights

  • Garden View
  • Impact Glass
  • Central Heating and Cooling System
  • Boca Raton Community Middle School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

Exceptional investment opportunity in the heart of East Boca Raton! This beautifully renovated duplex features two spacious units, each offering 3 beds and 3 full baths. Each unit boasts its own private backyard space and modern upgrades include impact windows, quartz countertops, shaker-style cabinetry, stainless steel appliances, built in closets, and beautiful wood look tile floors. No detail has been overlooked in this complete renovation.Located just minutes from Boca Raton's finest attractions--beaches, Mizner Park, upscale dining, shopping, and more. Conveniently close to FAU, and zoned for top-rated Boca Raton Middle School and Boca Raton High School. With quick access to I-95...

Listing Agent

Leanna Fruin

Engel & Voelkers Delray Beach License #3015831 Listed on: 05/13/2025

Engel & Voelkers Delray Beach

Co-Listing Agent

Savannah Fruin

Engel & Voelkers Delray Beach License #3387710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,793

Year Built

  • Built in 1973

Lot Details

  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,398 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Garden Views
  • Impact Glass

Schools

  • Boca Raton Community Middle School
  • Boca Raton Community High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434707020310131
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units
  • Boca Raton Hills Sec 3 Subdivision

Building Details

  • Operating Expense $9,993
  • Net Operating Income $77,607

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,793

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I 95 to Yamato. Head East. Turn right on NW Second Ave. Three block down make a U turn and it is on your right.
  • Year Built: 1973
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Tile
  • Living Area: 2398.0
  • Window Features: Impact Glass

Exterior Features

  • View: Garden
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: Boca Raton Community
  • Middle Or Junior School: Boca Raton Community

Lot Info

  • Parcel #: 06434707020310131
  • Lot Size: 1/4 to 1/2 Acre
  • Zoning Description: R-2--RES

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 77607.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 9993.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8793.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $8,793 $486,030 -- --
2023 $5,948 $260,586 $131,400 $277,845
2022 $5,445 $236,896 $0 $0
2021 $4,486 $232,125 $87,500 $144,625
2020 $4,015 $195,782 $73,500 $122,282
2019 $4,007 $189,442 $67,200 $122,242
2018 $3,621 $178,184 $68,104 $110,080
2017 $3,357 $161,286 $51,206 $110,080
2016 $3,392 $161,286 $0 $0
2015 $3,308 $153,477 $0 $0
2014 $3,132 $140,355 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $1,250,000 0.0% $521 / Sq Ft
07/01/2025 07/01/25 Rented $3,500 0.0% --
06/16/2025 06/16/25 Under Contract -- -- --
06/03/2025 06/03/25 Price Changed $3,500 0.0% $3 / Sq Ft
05/13/2025 05/13/25 For Sale $1,375,000 0.0% $573 / Sq Ft
04/28/2025 04/28/25 For Rent $3,650 0.0% --
09/22/2023 09/22/23 Sold $650,000 -18.6% $542 / Sq Ft
08/21/2023 08/21/23 For Sale $799,000 -- $666 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $650,000 None Listed On Document
Warranty Deed $148,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $221,510 New Conventional
Previous Owner $72,000 Credit Line Revolving
Previous Owner $134,203 FHA
Source: Public Records

Source: BeachesMLS

MLS Number: R11090329

BeachesMLS

APN: 06-43-47-07-02-031-0131

Florida Palm Beach County Boca Raton 33431 Boca Raton Hills

4498 NW 2nd Ave, Boca Raton, FL

This home is located at 4498 NW 2nd Ave, Boca Raton, FL 33431 and is currently priced at $1,250,000, approximately $521 per square foot. This property was built in 1973. 4498 NW 2nd Ave is a home located in Palm Beach County with nearby schools including J. C. Mitchell Elementary School, Boca Raton Community Middle School, and Boca Raton Community High 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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Leanna Fruin
Listing Agent
Leanna Fruin
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Engel & Voelkers Delray Beach
(561) 834-8261