NOT LISTED FOR SALE

566 David Ln Boynton Beach, FL 33435

Estimated Value: $1,298,570 - $1,601,000

4 Beds
3 Baths
2,808 Sq Ft
$494/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $879,000 $313 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,818/month

70 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • No Heating
  • No HOA
  • Central Air

About This Home

As of March 2018

Rare find!! Old Florida charm exists in Ocean Ridge! Duplex just steps from the beach, tucked away on a dead-end street creating a serene atmosphere. Solid construction with all impact windows and doors. Both units offer Mexican tile throughout and staircases constructed of original oak, corian countertops, solid wood cabinetry, snack bar and pantry in kitchen. All Bedrooms boast cypress ceilings and Dade County pine walls featured in three rooms. Ceilings are insulated
between beams. Each unit has a laundry room. Units are separated by a storage area (breezeway), plenty of room for storing items. North unit is spacious with 1⁄2 bath on lower level and bedrooms feature Jack & Jill bath on upper level. Charming covered porch extends the length of the building. Ample parking with about 7 spaces in front of building. Property has
private deeded beach access. North unit is currently rented. However, since long term tenant, the current rent is much lower than market. No restrictions other than the town of Ocean Ridge. Units may be rented with a one month minimum. Multiple options here....great investment property or structure could be easily converted to a Single Family Home.

Last Agent to Sell the Property

Cindy Bray

Compass Florida LLC License #3002675 Listed on: 12/06/2017

Compass Florida LLC

Last Buyer's Agent

Harvey Starin

Realty Home Advisors Inc License #3050297

Realty Home Advisors Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,167

Year Built

  • Built in 1954

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 3 Bathrooms
  • 2,808 Sq Ft Home
  • 2-Story Property
  • Blinds

Flooring

  • Wood
  • Tile

Outdoor Features

  • Patio

Utilities

  • Central Air
  • No Heating
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Ocean Shore Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46434527130000160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,167

Year Built

Built in 1954

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I95 TO WOOLBRIGHT RD EAST TO A1A NORTH TO ADAMS RD ON THE LEFT. DAVID LANE IS FIRST RIGHT.
  • Year Built: 1954
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Living Area: 2808.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 46434527130000160
  • Mobile Dim Units: Feet
  • Zoning: RMM

Rental Info

  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5167.0

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2017
Closed on
Mar 30, 2018
Sold by
Liv Olanoff Cheryl H
Bought by
Apa William A
Seller's Agent
Cindy Bray
Compass Florida LLC
Buyer's Agent
Harvey Starin
Realty Home Advisors Inc
List Price
$1,200,000
Sold Price
$879,000
Premium/Discount to List
-$321,000
-26.75%
Current Estimated Value
$1,388,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,393
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Mar 20, 2001
Sold by
Nick Brewer I
Bought by
Olanoff Cheryl H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 1993
Sold by
Olanoff Cheryl H
Bought by
Olanoff Cheryl H

Purchase Details

Closed on
May 28, 1993
Sold by
Olanoff Cheryl H and Brewer Nick
Bought by
Olanoff Cheryl H
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
Apa William A $879,000 Attorney
Olanoff Cheryl H -- --
Olanoff Cheryl H -- --
Olanoff Cheryl H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olanoff Cheryl H $163,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $879,000 -26.8% $313 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
12/05/2017 12/05/17 For Sale $1,200,000 -- $427 / 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 $7,994 $901,857 -- --
2024 $7,994 $819,870 -- --
2023 $15,814 $745,336 $0 $0
2022 $13,676 $677,578 $0 $0
2021 $12,149 $615,980 $436,025 $179,955
2020 $11,527 $583,440 $436,000 $147,440
2019 $10,824 $535,509 $388,000 $147,509
2018 $5,421 $349,266 $0 $0
2017 $5,167 $337,747 $0 $0
2016 $4,954 $260,461 $0 $0
2015 $4,395 $245,913 $0 $0
2014 $4,473 $247,347 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy Bray

    Seller's Agent in 2018

    Cindy Bray

    Compass Florida LLC

    (561) 329-7968

    2 in this area

    63 Total Sales

    Cindy Bray
    Section Image

  • H

    Buyer's Agent in 2018

    Harvey Starin

    Realty Home Advisors Inc

    (561) 665-0900

    10 Total Sales

    Harvey Starin
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10387023

BeachesMLS (Greater Fort Lauderdale)

APN: 46-43-45-27-13-000-0160

Florida Palm Beach County Boynton Beach 33435

566 David Ln, Boynton Beach, FL

Not Listed for Sale

MultiFamily

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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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