Multifamily
Emerald Shore Apartments
6600 N Ocean Blvd, Boynton Beach, FL 33435
Listing Price: $7,000,000
Investment Overview
Marcus & Millichap, as exclusive listing agents, are pleased to offer for sale Emerald Shore Apartments, located at 6600 N Ocean Blvd, Ocean Ridge, 33435. Emerald Shore Apartments is a gut renovated two-story apartment building located directly across from the beach in Ocean Ridge, Florida. The property was built in 1962 with concrete-block construction, consists of 11,227 square feet and is situated on a .54-acre lot. The unit mix consists of fourteen (14) one-bedroom / one-bathroom units, two (2) two-bedroom / one-bathroom units and one (1) three-bedroom / one-bathroom unit.
The property has undergone significant interior and exterior renovations. Exterior renovations include a new concrete roof, new central air conditioning units, a refinished pool, new landscaping, exterior paint, and resurfaced driveway/parking lot. Interior renovations include granite countertops, new tile flooring, stainless steel appliances, and paint.
Emerald Shore Apartments located on the northeast corner of A1A and East Ocean Boulevard. In front of the property there is direct access to Ocean Ridge Hammock Park, an 8.5 acre beachfront public park. It also benefits from being just up the road from the waterfront restaurants: Two Georges and Banana Boat, while also being not far from the beachside retail such as the Nomad Surf Shop.
This property offers an investor the opportunity to purchase an asset in an irreplaceable location with upside through professional management.
Emerald Shore Apartments
Investment Highlights
- Located off A1A, Directly Across the Street from the Beach in Ocean Ridge with Access to the Public Beach of Ocean Ridge Hammock Park
- New Concrete Roof, Central Air Conditioning System, Replastered Pool, and Resurfaced Driveway/Parking Lot
- Extensive Interior Renovations Including Granite Countertops, Stainless Steal Appliances, New Tile Flooring and Cabinetry
- One of Three Annual Multifamily Buildings Over 10 Units Within the City of Ocean Ridge
Listing Price: $7,000,000
Investment Highlights
- Located off A1A, Directly Across the Street from the Beach in Ocean Ridge with Access to the Public Beach of Ocean Ridge Hammock Park
- New Concrete Roof, Central Air Conditioning System, Replastered Pool, and Resurfaced Driveway/Parking Lot
- Extensive Interior Renovations Including Granite Countertops, Stainless Steal Appliances, New Tile Flooring and Cabinetry
- One of Three Annual Multifamily Buildings Over 10 Units Within the City of Ocean Ridge
Investment Overview
Marcus & Millichap, as exclusive listing agents, are pleased to offer for sale Emerald Shore Apartments, located at 6600 N Ocean Blvd, Ocean Ridge, 33435. Emerald Shore Apartments is a gut renovated two-story apartment building located directly across from the beach in Ocean Ridge, Florida. The property was built in 1962 with concrete-block construction, consists of 11,227 square feet and is situated on a .54-acre lot. The unit mix consists of fourteen (14) one-bedroom / one-bathroom units, two (2) two-bedroom / one-bathroom units and one (1) three-bedroom / one-bathroom unit. The property has undergone significant interior and exterior renovations. Exterior renovations include a new concrete roof, new central air conditioning units, a refinished pool, new landscaping, exterior paint, and resurfaced driveway/parking lot. Interior renovations include granite countertops, new tile flooring, stainless steel appliances, and paint. Emerald Shore Apartments located on the northeast corner of A1A and East Ocean Boulevard. In front of the property there is direct access to Ocean Ridge Hammock Park, an 8.5 acre beachfront public park. It also benefits from being just up the road from the waterfront restaurants: Two Georges and Banana Boat, while also being not far from the beachside retail such as the Nomad Surf Shop. This property offers an investor the opportunity to purchase an asset in an irreplaceable location with upside through professional management.
