$197,000 - $239,018
RENTED OCT 1, 2024

500 SW 2nd Ave Unit 116 Boca Raton, FL 33432

Boca Raton Heights Neighborhood
2 Beds
1 Bath
800 Sq Ft
1971 Built

Last Sold September 10, 2012

Last sale price $54,000 $68 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $1,406/month

Highlights

  • Community Pool
  • Bike Room
  • Entrance Foyer
  • Boca Raton Community Middle School Rated A-
  • Separate Shower in Primary Bathroom
  • Closed Circuit Camera

About This Home

As of October 2024

BEAUTIFULLY RENOVATED CONDO--RIGHT IN THE HEART OF DOWNTOWN BOCA RATON! COMPLETELY TILED, STYLISH BACKSPLASH, STAINLESS STEEL APPLIANCES, FULL WINDOW TREATMENTS, GRANITE COUNTERTOPS, 3 LIGHTED CEILING FANS, COMPLETE HURRICANE IMPACT GLASS & MORE! THE BATHROOM FEATURES A LARGE WALK-IN SHOWER WITH A BENCH. JUST STEPS TO THE LAUNDRY ROOM & THE ASSIGNED STORAGE UNIT. ENJOY AN ASSIGNED PARKING SPACE, PLENTY OF GUEST PARKING, AND 1ST FLOOR CONVENIENCE. PICK-UP TRUCKS ARE OKAY--BUT NO PETS OR SMOKING ALLOWED. BIKE TO THE BEACH, THE LIBRARY, AND MIZNER PARK! WALK TO SHOPPING , RESTAUARANTS, AND THE BRIGHTLINE STATION. THE LOCAL LANDLORD IS VERY ''HANDS ON''! WATER, SEWER, AND TRASH REMOVAL ARE INCLUDED. QUICK MOVE-IN! FRESHLY PAINTED! THIS LOVELY RENTAL IS AN EXCEPTIONAL VALUE!

Last Agent to Rent the Property

Linda Petrakis

Coldwell Banker License #579930 Listed on: 08/18/2024

Coldwell Banker

Last Renter's Agent

Linda Petrakis

Coldwell Banker License #579930 Listed on: 08/18/2024

Coldwell Banker

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,388

Year Built

  • Built in 1971

Lot Details

  • Sprinkler System

Interior Spaces

  • 800 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Ceramic Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Home Security

  • Security Lights
  • Closed Circuit Camera

Parking

  • Guest Parking
  • Deeded Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 8/26/24
  • Assessor Parcel Number 06434730270021160
  • Seller Considering Concessions

Community Details

Overview

  • 110 Units
  • Boca Towne Centre Subdivision

Amenities

  • Laundry Facilities
  • Bike Room
  • Community Storage Space

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,388

Year Built

Built in 1971

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2024-08-26

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 1-95 to Palmetto Park Road. Go east until SW 2nd Ave.--which is just west of Dixie Hwy. Proceed south to right before the road bends right. On the east side of SW 2nd Ave. You can park in space #116.
  • Year Built: 1971
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Split Bedrooms, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 800.0
  • Dining Room Type: Family Room

Exterior Features

  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Waterfront: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Deeded, Guest

Utilities

  • Laundry Features: Common Area
  • Security: Closed Circuit Camera(s), Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Laundry, Pool, Storage
  • Pets Allowed: No

Lot Info

  • Parcel #: 06434730270021160
  • Land Lease Amount Frequency: Monthly
  • Lot Size: Sidewalks,West of US-1

Multi Family

  • Number Of Units In Community: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2018
Closed on
Mar 13, 2018
Sold by
Fanella Melissa Anne
Bought by
Fanella Michael A
Seller's Agent
Linda Petrakis
Coldwell Banker
Buyer's Agent
Linda Petrakis
Coldwell Banker
Sold Price
$1,250
Current Estimated Value
$221,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,255

Purchase Details

Listed on
Jul 15, 2012
Closed on
Sep 10, 2012
Sold by
Wasatch Property & Investments Inc
Bought by
Fanella Melissa Anne
Seller's Agent
Hana Alawar
American Realty, Inc.
Buyer's Agent
Linda Petrakis
Coldwell Banker
List Price
$59,990
Sold Price
$54,000
Premium/Discount to List
-$5,990
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Original Mortgage
$40,500
Outstanding Balance
$7,273
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$214,232

Purchase Details

Closed on
Apr 6, 2009
Sold by
Ligon Jerrell P
Bought by
Wasatch Property & Investments

Purchase Details

Closed on
Apr 29, 2005
Sold by
Bartels Immo and Bartels Adela
Bought by
Ligon Jerrell P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 1997
Sold by
Swanson Edward J and Swanson Geraldine A
Bought by
Bartels Immo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,600
Interest Rate
7.69%
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
Fanella Michael A -- Attorney
Fanella Melissa Anne $54,000 Gold Coast Title Co Svcs Inc
Wasatch Property & Investments $68,786 Attorney
Ligon Jerrell P $92,500 --
Bartels Immo $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fanella Melissa Anne $40,500
Previous Owner Ligon Jerrell P $74,000
Previous Owner Bartels Immo $29,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Rented $2,300 0.0% --
09/05/2024 09/05/24 Price Changed $2,300 -2.1% $3 / Sq Ft
09/03/2024 09/03/24 Price Changed $2,350 -4.1% $3 / Sq Ft
08/18/2024 08/18/24 For Rent $2,450 +32.4% --
06/18/2022 06/18/22 For Rent $1,850 0.0% --
06/18/2022 06/18/22 Rented $1,850 +12.1% --
05/09/2022 05/09/22 Rented $1,650 0.0% --
05/09/2022 05/09/22 For Rent $1,650 +5.8% --
05/16/2021 05/16/21 For Rent $1,560 0.0% --
05/16/2021 05/16/21 Rented $1,560 +17.7% --
04/26/2019 04/26/19 Rented $1,325 0.0% --
03/27/2019 03/27/19 Under Contract -- -- --
01/28/2019 01/28/19 For Rent $1,325 +6.0% --
01/08/2018 01/08/18 For Rent $1,250 0.0% --
01/08/2018 01/08/18 Rented $1,250 +4.2% --
12/13/2016 12/13/16 For Rent $1,200 0.0% --
12/13/2016 12/13/16 Rented $1,200 0.0% --
09/10/2012 09/10/12 Sold $54,000 -10.0% $68 / Sq Ft
08/11/2012 08/11/12 Pending -- -- --
07/15/2012 07/15/12 For Sale $59,990 -- $75 / 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 $2,388 $113,135 -- --
2023 $2,198 $102,850 $0 $0
2022 $2,054 $93,500 $0 $0
2021 $1,776 $85,000 $0 $85,000
2020 $1,712 $81,500 $0 $81,500
2019 $1,720 $79,500 $0 $79,500
2018 $1,440 $68,000 $0 $68,000
2017 $1,342 $62,000 $0 $0
2016 $483 $40,181 $0 $0
2015 $468 $39,902 $0 $0
2014 $468 $39,585 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Landlord's Agent in 2024

    Linda Petrakis

    Coldwell Banker

    (561) 212-6100

    36 Total Sales

    Linda Petrakis
    Section Image

  • G

    Buyer's Agent in 2021

    Gisselle Escamilla

    Inactive Member

  • Gina Harwood

    Buyer's Agent in 2019

    Gina Harwood

    The Keyes Company

    (954) 830-1237

    98 Total Sales

    Gina Harwood
    Section Image

  • O

    Buyer's Agent in 2017

    Omar Shata

    Boca Property Investments Inc

    (954) 479-4449

    Omar Shata
    Section Image

  • H

    Seller's Agent in 2012

    Hana Alawar

    American Realty, Inc.

    (561) 394-4262

    1 Total Sale

    Hana Alawar
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11013443

BeachesMLS

APN: 06-43-47-30-27-002-1160

Florida Palm Beach County Boca Raton 33432 Boca Raton Heights

500 SW 2nd Ave Unit 116, Boca Raton, FL

This home is located at 500 SW 2nd Ave Unit 116, Boca Raton, FL 33432 since 18 August 2024 and is currently priced at $221,505. This property was built in 1971. 500 SW 2nd Ave Unit 116 is a home located in Palm Beach County with nearby schools including Boca Raton 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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