NOT LISTED FOR SALE

1400 NE 2nd Ct Boca Raton, FL 33432

Estimated Value: $576,945 - $785,000

-- Bed
2 Baths
1,300 Sq Ft
$536/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $435,000 $335 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,320/month

46 Days on Market

Highlights

  • Fruit Trees
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Boca Raton Community Middle School Rated A-
  • Central Heating and Cooling System
  • Fenced

About This Home

As of April 2021

Great Location in Boca Raton. 100% rented on both sides at $1550/mo. EACH.Renovated in 2018 with Tankless water heaters, new central a/c and ducts, washer/dryer inside, updated bathrooms & kitchens, appliances, electrical panels, baseboards, full perimeter fencing. Had full inspection prior to placing the Property on Market.Room to build off the existing structure or add Other structures, like a Hobbyist Garage or Shed for Boats, RVs, motorcycles, trucks etc. Many possibilities in a remarkable area for future growth. (Great tenants, Do Not disturb them or walk the property without permission, Large dog on premises)One tenant in Lease thru August 2021, and other on month to month. Make an offer, before it's gone. OWNER Ready to sell. Seller financing may be Possible. Call to

Last Agent to Sell the Property

Ross M. Stern P.A.

RE/MAX Services License #3277471 Listed on: 02/03/2021

RE/MAX Services

Co-Listed By

Payman Cash Ridley

Inactive Member License #3450519

Last Buyer's Agent

Fiona Barone

EXP Realty LLC License #3337434

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,960

Year Built

  • Built in 1967

Lot Details

  • 9,178 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Fruit Trees

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring

Schools

  • Boca Raton Elementary School
  • 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 06434720130000220

Community Details

Overview

  • 2 Units
  • Lincoln Court Subdivision

Building Details

  • Operating Expense $8,950
  • Net Operating Income $28,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,960

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Between Federal and Dixie Highways just north of glades road
  • Year Built: 1967
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1300.0

Exterior Features

  • Exterior Features: Fence, Fruit Trees
  • Lot Features: Sprinkler System, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Pet on Property
  • 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
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Parcel #: 06434720130000220
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 9178.0
  • Zoning Description: R2 (Med

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 28250.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 8950.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3960.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Apr 19, 2021
Sold by
Krr Real Estate Llc
Bought by
Serene Advisory Inc
Seller's Agent
Ross M. Stern P.A.
RE/MAX Services
Buyer's Agent
Fiona Barone
EXP Realty LLC
List Price
$497,000
Sold Price
$435,000
Premium/Discount to List
-$62,000
-12.47%
Current Estimated Value
$696,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,736
Avg. Annual Appreciation
10.71%

Purchase Details

Listed on
Jul 9, 2017
Closed on
Aug 4, 2017
Sold by
Deale William Royce
Bought by
Krr Real Estate Llc
Seller's Agent
Marjorie Beaton
Florida Coastal Premier Realty LLC
Buyer's Agent
Sam Esmaeili
Medalian Real Estate & Investm
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.39%

Purchase Details

Closed on
Jun 27, 2011
Sold by
Deale Leroy
Bought by
Deale William Royce
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
Serene Advisory Inc $435,000 Attorney
Krr Real Estate Llc $225,000 Nu World Title Llc
Deale William Royce -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2021 04/21/21 Sold $435,000 -12.5% $335 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $497,000 +120.9% $382 / Sq Ft
08/04/2017 08/04/17 Sold $225,000 -10.0% $180 / Sq Ft View Prior Sale
07/09/2017 07/09/17 For Sale $250,000 -- $200 / 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
2025 $7,862 $409,166 -- --
2024 $7,862 $371,969 -- --
2023 $6,999 $338,154 $117,301 $326,233
2022 $5,908 $307,413 $0 $0
2021 $4,357 $220,175 $63,984 $156,191
2020 $3,960 $193,956 $63,984 $129,972
2019 $3,866 $193,602 $61,500 $132,102
2018 $3,283 $158,641 $50,562 $108,079
2017 $2,008 $116,020 $43,967 $72,053
2016 $1,852 $62,602 $0 $0
2015 $1,805 $56,911 $0 $0
2014 $1,670 $51,737 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller Co-Listing Agent in 2021

    Payman Cash Ridley

    Inactive Member

    Section Image
  • Fiona Barone

    Buyer's Agent in 2021

    Fiona Barone

    EXP Realty LLC

    (561) 400-2653

    221 Total Sales

    Fiona Barone
    Section Image

  • M

    Seller's Agent in 2017

    Marjorie Beaton

    Florida Coastal Premier Realty LLC

    (561) 489-9165

    5 Total Sales

    Marjorie Beaton
    Section Image

  • S

    Buyer's Agent in 2017

    Sam Esmaeili

    Medalian Real Estate & Investm

    (561) 523-8989

    1 Total Sale

    Sam Esmaeili
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10689572

BeachesMLS

APN: 06-43-47-20-13-000-0220

Florida Palm Beach County Boca Raton 33432

1400 NE 2nd Ct, Boca Raton, FL

Not Listed for Sale

MultiFamily

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