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Multifamily

Seacrest Apartments

215 S Seacrest Blvd, Boynton Beach, FL 33435

Listing Price: $1,850,000

Cap Rate
6.70%
Number of Units
8
GRM
8.56
Occupancy
96.0%
Price/Unit
$231,250
Price/Gross SF
$279.29
Gross SF
6,624

Investment Overview

Marcus & Millichap, as exclusive listing agent, is proud to present to market the Seacrest Apartments which are located at 215 S Seacrest Boulevard & 107 SW 2nd Avenue, Boynton Beach, Florida.

The Seacrest Apartments consists of eight units, all large two-bedroom / one-bathroom apartments, sitting on 0.43 acres. The buildings were originally constructed in 1935 of wood frame and stucco with central air conditioning throughout. Each unit has been upgraded with either granite or quartz countertops, undermount sinks and stainless-steel appliances. Coin operated laundry located on site, two washers and dryers, owned by the seller.

The property is located three blocks south of Boynton Beach Boulevard off Seacrest Boulevard, offering phenomenal access to Interstate-95 (0.7 miles). Directly across the street from the south parcel of the mixed-use Boynton Beach Town Square project. The Boynton Beach City Commission recently approved site plans for both the North and South parcels which will include 898 residential units, two 1,000+ space parking garages, and 23,625 square-feet of commercial space.

Investment Highlights

  • Located Directly Across the Street from the Boynton Beach Town Square Project Which Consists of 898 Residential Units, Two 1,000+ Space Parking Garages, and 23,625 Square-Feet of Commercial Space.
  • Unit Mix Consists of Entirely Two-Bedroom / One-Bathroom Apartment Units
  • Each Unit Upgraded With Either Granite or Quartz Countertops, Undermount Sinks and Stainless-Steel Appliances
  • Central Air Conditioning Throughout
  • Coin-Operated Laundry On-Site

Exclusively Listed By

Multifamily

Seacrest Apartments

Listing Price: $1,850,000

Cap Rate
6.70%
Number of Units
8
GRM
8.56
Occupancy
96.0%
Price/Unit
$231,250
Price/Gross SF
$279.29
Gross SF
6,624

Investment Highlights

  • Located Directly Across the Street from the Boynton Beach Town Square Project Which Consists of 898 Residential Units, Two 1,000+ Space Parking Garages, and 23,625 Square-Feet of Commercial Space.
  • Unit Mix Consists of Entirely Two-Bedroom / One-Bathroom Apartment Units
  • Each Unit Upgraded With Either Granite or Quartz Countertops, Undermount Sinks and Stainless-Steel Appliances
  • Central Air Conditioning Throughout
  • Coin-Operated Laundry On-Site

Investment Overview

Marcus & Millichap, as exclusive listing agent, is proud to present to market the Seacrest Apartments which are located at 215 S Seacrest Boulevard & 107 SW 2nd Avenue, Boynton Beach, Florida. The Seacrest Apartments consists of eight units, all large two-bedroom / one-bathroom apartments, sitting on 0.43 acres. The buildings were originally constructed in 1935 of wood frame and stucco with central air conditioning throughout. Each unit has been upgraded with either granite or quartz countertops, undermount sinks and stainless-steel appliances. Coin operated laundry located on site, two washers and dryers, owned by the seller. The property is located three blocks south of Boynton Beach Boulevard off Seacrest Boulevard, offering phenomenal access to Interstate-95 (0.7 miles). Directly across the street from the south parcel of the mixed-use Boynton Beach Town Square project. The Boynton Beach City Commission recently approved site plans for both the North and South parcels which will include 898 residential units, two 1,000+ space parking garages, and 23,625 square-feet of commercial space.

Exclusively Listed By

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