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434 NE WAVECREST 0, Boca Raton, 33432 (MLS# R2223434)

434 NE WAVECREST 0, Boca Raton, 33432

$1,237,500
Property Type: Commercial Sale Square Footage: 7,252 Status: Closed
Current Price: $1,237,500 List Date: 5/07/2002 Last Modified: 5/25/2026

Overview

Description

WALK TO THE BEACH!! THE ONLY INCOME PROPERTY FOR SALE IN BOCA BEACH AREA!!! TOTAL OF 3-PROPERTIES 424, 434, 444 WAVECREST WAY-MUST BE SOLD TOGHETER. GREAT FOR DEVELOPERS OR INVESTORS TO BUILD A MANSION......

Listing Details MLS# R2223434

General Property Information

Building Area Main
7252
Year Built
1965
Stories
Yes

Property Features

Building Features: Free Standing Documents Available: Owner Managed Electric: 110 Volts; Separate Meters Flooring: Carpet; Ceramic Tile; Other Heating: Central; Electric Location of Property: Beach Access; City Location Possession: Close Of Escrow; Negotiable Property Condition: Resale Sale Includes: License Source Of Expenses: Owner Provided Tenant Pays: Cable TV; Electricity; Insurance Construction Materials: CBS Cooling: Central Air Listing Terms: Cash; Conventional Lot Features: Landscaped Roof: Concrete; Other Security Features: Motion Detector(s); Security Lights Sewer: Public Sewer Utilities: Cable Available; Other Water Source: Public Showing Requirements: Appointment Only; Listing Agent Must Accompany; Occupied

Contract Information

Comp Sale YN
No
Original List Price
1325000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
434
Street Direction Prefix
NE
Street Name
WAVECREST
City Name
Boca Raton
Postal Code
33432
Area
4160
Geographic Area
PB01
Parcel Number
06434720110010380
Zoning
MULTI/RE
Directions
PALMETTO PARK EAST; NORTH ON WAVECREST (LAST STREET BEFORE A/A)
Property Description
MULTIFAMILY (TOTAL O

Financial Information

Tax Year
2001
Tax Legal Description
BOCA RATON RIVIERA UNIT D LT 38 BLK 1

Remarks and Miscellaneous

Public Historical Remarks
Building Type: Y

More Information

Status Change Information

Major Change Timestamp
2002-05-07T05:00:01Z
Major Change Type
New Listing
Status Change Date
2003-02-10
Under Contract Date
2002-06-01
Close Date
2002-08-05
Close Price
1237500
Buyer Financing
Conventional

Building and Property Details

# Of Tenants
9
# Of Toilets
11
Door Height
0-8'
Interior Ceiling Height
0

Distance To Information

Miles to Expressway
4

Meter Information

Number Of Meters Total
9

Income and Expenses

Gross Income
92682
Gross Scheduled Income
97560
Inc/Exp Statement Period
PROFORMA
Insurance Expense
3455
Net Operating Income
71106
Operating Expense
21576
Supplies Expense
442
Trash Expense
1200
Utilities Expense
1200
Vacancy Allowance Rate
95
Other Income
0
Service Expense
0

Description of Unit Type 1

Units Total
Yes
Full Baths
3
Annual Rent
16800
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 2

Units Total
4
Full Baths
Yes
Annual Rent
40800
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 3

Units Total
2
Full Baths
Yes
Annual Rent
19200
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 4

Units Total
Yes
Full Baths
Yes
Annual Rent
9960
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 5

Units Total
Yes
Full Baths
Yes
Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Price Calculations

Current Price To SqFt
170.64
Original List Price To Close Price
1.07

Originating Details

Originating System Key
20130215205309867197000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

110 Volts
Yes
Separate Meters
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes
Other
Yes

Property Condition

Resale
Yes

Documents Available

Owner Managed
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Insurance
Yes

Location of Property

Beach Access
Yes
City Location
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Other
Yes

Building Features

Free Standing
Yes

Heating

Central
Yes
Electric
Yes

Sale Includes

License
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Landscaped
Yes

Roof

Concrete
Yes
Other
Yes

Security Features

Motion Detector(s)
Yes
Security Lights
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Central Air
Yes

Description of Unit Type 6

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Description of Unit Type 7

Annual Rent
0
Seasonal Rent
0
Off Season Rent
0

Showing Requirements

Appointment Only
Yes
Listing Agent Must Accompany
Yes
Occupied
Yes
Listing Office: RE/MAX Select Boca, Inc.
IDX
Last Updated: May - 25 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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