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531 NW 12th Avenue, Boynton Beach, FL 33435 (MLS# H10642289)

531 NW 12th Avenue, Boynton Beach, FL 33435

$175,000
Property Type: Residential Income Square Footage: 1,512 Status: Closed
Current Price: $175,000 List Date: 3/21/2019 Last Modified: 5/24/2026

Overview

Description

If your looking for one of the best Cap Rates in all of Palm Beach County, this is the property for you. The property will produce a 10% return after the vacant unit is rented. Both units have been renovated with no expenses spared. Both units have separate water and electric meters. Don't miss out on this cash cow.

Listing Details MLS# H10642289

General Property Information

Number Of Units Total
22
Property Sub Type
Duplex
Building Area Main
1512
Living Area Main
1512
Year Built
1965
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: Deposit Held Flooring: Tile Property Condition: Resale Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: Separate Meters; Window/Wall Listing Terms: Cash; Conventional Possession: Subject To Tenant Rights Restrictions: Other Restrictions Roof: Flat Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available Water Source: Public Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony; Porch Unit 1 Parking Features: Open Parking Unit 2 Parking Features: Open Parking Contingencies: Inspection Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
175000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
531
Street Direction Prefix
NW
Street Name
12th
Street Suffix
Avenue
City Name
Boynton Beach
State Or Province
FL
Postal Code
33435
Postal Code +4
3059
Postal Zip
33435
Subdivision Name
CHERRY HILLS
Area
4330
Geographic Area
PB05
Parcel Number
08434521140004440
Subdivision Number
14
Zoning
R2 (city
Directions
Boynton Beach Blvd. East to NW 4th st, Go north till NW 12th ave, and make a left, property is on the North Side.

Financial Information

Tax Annual Amount
2291
Tax Year
2018
Tax Legal Description
CHERRY HILLS LTS 444 & 445

Status Change Information

Major Change Timestamp
2019-05-18T01:34:43Z
Major Change Type
Status Change
Status Change Date
2019-05-17
Under Contract Date
2019-03-25
Close Date
2019-05-17
Close Price
175000
Buyer Financing
Other

More Information

Co-Ownership

Property Management YN
No

Short Sale Details

Short Sale Addendum
No

Unit 1 Details

Actual Rent
920
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No

Unit 1 Lease Description

Currently Leased YN
Yes

Unit 2 Details

Actual Rent
900
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No

Unit 2 Lease Description

Occupant Type
Vacant

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
115.74
Original List Price To Close Price
Yes

Section Details

Parcel Number MLX
4440

Originating Details

Originating System Key
510049760
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
FLL

Flooring

Tile
Yes

Property Condition

Resale
Yes

Documents Available

Deposit Held
Yes

Possession

Subject To Tenant Rights
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Separate Meters
Yes
Window/Wall
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Flat
Yes

Water Source

Public
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Call Listing Agent
Yes

Restrictions

Other Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Balcony
Yes
Porch
Yes

Contingencies

Inspection
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 2 Parking Features

Open Parking
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: Sobri Realty Group LLC
IDX
Last Updated: May - 24 - 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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