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$625,000   Price Analysis
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140 W Ocean Ave
Boynton Beach, FL 33435
3 bed 3 bath 2,475 SqFt ($252/SqFt)
0.3 acre lot. Built 1952
Listed 2024-04-11, Taxes $6,996
Ⓧ USDA Ineligible
due to location

near Boynton Beach

This property is a prime investment opportunity with grandfathered multi-family zoning

* Has Contingent Offer *

Allowing for flexible rental income possibilities. With no HOA fees, you can manage the property as you like.The main home has a large fenced backyard, ideal for a pool, hot tub, barbcue area and outdoor furniture. The property also includes a 1-bed, 1-bath apt with a private fenced yard and circular driveway, perfect for guests or rental income.

There's a detached one-car garage and off-street parking for up to six vehicles. I's a 2-mile walk or a quick drive to Ocean Front Beach Park, Ocean Ridge Natural Area and Ocean Ridge Hammock Park Beach. I-95 is nearby and you're within walking distance of restaurants, gas stations, churches, schools, library. Zone for free shuttle, Ride circuit.


Presented by Tracy Benjamin at
Realty One Group Innovation.


Property MLS #RX-10977237 from BeachesMLSFlex

Bedrooms: 3
Bedrooms On Main Level: 3
Primary Bedroom Level: M
Bedroom 2 Level: M

Total Bathrooms: 3 / 0
Full Bathrooms: 3
Bathrooms On Main Level: 3
Primary Bathroom Features: Dual Sinks, Separate Shower

Kitchen Island
Pantry
Split Bedroom
Furnished Description: Furniture Negotiable, Unfurnished
Flooring: Tile, Vinyl Floor
Window Features: Blinds

Dishwasher
Dryer
Refrigerator
Smoke Detector
Washer
Water Heater - Elec

Great, Laundry-Garage
Living Room Level: M

Cooling Features: Central
Heating Features: Central

Dining Area Description: Dining-Living, Dining/Kitchen
Dining Room Level: M
Kitchen Level: M

Covered Patio
Open Patio
Patio And Porch Features: Porch Remarks: Patio

Covered Spaces: 1
Garage Spaces: 1
Parking Features: 2+ Spaces, Covered, Garage - Detached

Lot Description: 1/4 to 1/2 Acre, Corner Lot
Lot Size Acres: 0.2999082
Lot Size Square Feet: 13064

Association: No
Association Fee Amenities: Sidewalks
Calculated Total Monthly Association Fees: 0
Pets Allowed: Yes
Pet Description: No Restrictions

Unit Description: Corner

Annual Tax Amount: 7999.28
Source Listing Status: Active Under Contract
County: Palm Beach
Directions: E Boynton Beach Blvd to NW 1st St. South on NW 1st St. East on W Ocean Ave.
Tax Year: 2023
Source Property Type: Residential
Area: 4600
Source Neighborhood: BOYNTON HEIGHTS
Subdivision: BOYNTON HEIGHTS
Zoning: R-1-A(
Property Subtype: Single Family Detached
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$283,677
$6,996
2021$unknown + $unknown
$257,888
$6,204
2020$unknown + $unknown
$234,444
$5,681
2019$unknown + $unknown
$213,131
$5,237
2018$unknown + $unknown
$193,755
$4,926
2017$unknown + $unknown
$176,141
$4,496
2016$unknown + $unknown
$160,128
$4,168
2015$unknown + $unknown
$145,571
$3,796
2014$unknown + $unknown
$132,337
$3,454
2013$unknown + $unknown
$120,306
$2,992
2012$unknown + $unknown
$110,401
$2,766
2011$unknown + $unknown
$125,930
$3,121
2010$unknown + $unknown
$143,861
$3,466
2008$unknown + $unknown
$174,050
$4,744
2007$unknown + $unknown
$300,539
$5,692

Listed 2024-04-11
$625,000
BeachesMLSFlex
Sold 2013-09-23
$230,000
JTHSMLS
Sold 2006-06-16
$385,000
Public Record
Sold 2003-12-09
$230,000
Public Record
Listed 2003-12-05
$249,000
JTHSMLS
Sold 1998-06-04
$82,500
Public Record

Total Square Feet Living: 2475
Year Built: 1952
Other Buildings: 1 Bath, 1 Bedrooms, Garage
Construction Materials: CBS, Concrete, Stucco
Direction Faces: North
Living Area Source: Floor Plan
Property Age: 72
Property Condition: Resale
Roof: Metal
Levels or Stories: 1.00
House Style: Traditional
Total Area Sqft: 2868
Year Built Details: Resale

Electric
Public Sewer
Public Water
Water Source: Public Water

Forest Park Elementary School is a public elementary school located approximately 0.7 miles away.
directions icon Map directions

Boynton Beach Community High School is a public high school located approximately 1.5 miles away.
directions icon Map directions

Congress Community Middle School is a public middle school located approximately 1.7 miles away.
directions icon Map directions

Gold Coast Jr Academy is a private elementary and middle school located approximately 1.6 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.