Great investment property. Renovated fully in 2018. A/C is brand new. Long term tenant of 15+ years paying $1,820/month and just signed a new lease ending April 2027. Rentals go up to $2,500 in the building.
Southeast Boca Raton, located between Downtown Boca Raton and the Atlantic Ocean, is a coastal and residential Boca Raton neighborhood with palm-lined streets and low-rise waterfront scenery. The neighborhood’s character concentrates around Mizner Park, where sidewalk dining, galleries, and polished storefronts set a social, walkable rhythm. Architectural cues lean Mediterranean Revival and contemporary townhomes, with pockets of canal-front homes near the Intracoastal Waterway. Cultural touchstones include the Boca Raton Museum of Art and the Mizner Park Amphitheater for exhibitions and outdoor performances. Spanish River Park and South Beach Park frame the shoreline with dunes, picnic areas, and wide sand. The Boca Raton Resort & Club adds a landmark silhouette along the water.
Provided by Walk Score and Local Logic
Offer insights
500 SW 2nd Ave #120 · $185,000
$185K and above
75% chance or better to win
Why $185K+ is a strong offer
DAYS ON MARKET
16 days
The average home goes pending in 105 days.
SALE-TO-LIST
93.7%
Most homes are selling 6% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
No special interior features listed
Bedrooms
2 bedrooms on the main level
Bathrooms
1 full bathroom
Kitchen
Dishwasher
Disposal
Microwave
Refrigerator
Laundry & utility
Electric water heater
Flooring
Vinyl flooring
Heating & cooling
Central individual heating
Central air conditioning
Exterior features
No waterfront
Flat roof
Home design
Condominium
One level (entry level)
East-facing
Parking
1 parking space
No carport
Construction
CBS construction
2 total stories
Utilities
Public water
Public sewer
Water connected
HOA & community
Homeowners association with a monthly fee of $570
HOA fee includes water
No association amenities listed
Other
Pets not allowed
Electricity and solar
View estimated energy costs and solar savings for this home
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 106° expected this year, 27 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Boca Raton, FL • 33432
Average low and high temperatures (°F)
74
61
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63
79
67
81
73
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91
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89
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84
76
81
70
78
67
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 9% for direct sun exposure in Boca Raton. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.7 hrs
8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 500 SW 2nd Ave #120
$181,350
$3,650 under list price of $185K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $140K to $775K.