Prime Downtown Boca Raton Investment Opportunity - Strong Rental IncomeExcellent opportunity to own a well-located 1-bedroom, 1-bathroom apartment in the heart of Downtown Boca Raton, currently generating $1,570/month in rental income (until November 2026). Ideal for investors seeking stable cash flow in a high-demand area.This unit features a spacious living area, updated bathroom, and ample storage throughout. The kitchen and appliances are in great condition, offering a clean, move-in-ready space for tenants.Located just steps from everything Boca has to offer:Walking distance to Mizner ParkMinutes from IPIC Theaters Boca Raton, top restaurants, shops, and the post officeNear the future **Brightline Boca Raton station, adding long-term value and convenienceThe building offers common laundry facilities on each floor, with this unit located just steps away for added convenience. Includes one assigned parking space plus ample guest parking.A rare chance to own in one of Boca Raton's most desirable and walkable locations with immediate income and future upside.
| MLS # | A12017785 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $578 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1971 |
| Days On Site | 172 |
| Listing Provided By | Florida Brokers Real Estate | Marcelo Hector Olsak |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 512 |
| Garage | 2 |
| Story(s) | 2 |
| Property View | Yes |
| Garage Yes / No | Yes |
|---|
| Tax Annual Amount | 1799 |
|---|
| State | FL |
|---|---|
| County | Palm Beach |
| City | Boca Raton |
| Zip Code | 33432 |
| Area | 4260 |
| Subarea | PB04 |
| Community Name | BOCA TOWNE CENTRE CONDO |
| Listing VS Median (in BOCA TOWNE CENTRE CONDO) | |
Price: $169,000 low | high Med: $2,150 sqft: 512 low | high Med: 834 $ / sqft: $330 low | high Med: $3 On site: 172 low | high Med: 129.5 | |
| State | FL |
|---|---|
| County | Palm Beach |
| City | Boca Raton |
| Zip Code | 33432 |
| Area | 4260 |
| Subarea | PB04 |
| Community Name | BOCA TOWNE CENTRE CONDO |
| Listing VS Median (in BOCA TOWNE CENTRE CONDO) | |
Price: $169,000 low | high Med: $2,150 sqft: 512 low | high Med: 834 $ / sqft: $330 low | high Med: $3 On site: 172 low | high Med: 129.5 | |