561285 NW 15th Street, Boca Raton, FL 33432
$2,000,000
Property Type:
Commercial Sale
Square Footage:
7,380
Status:
Closed
Current Price:
$2,000,000
List Date:
2/09/2024
Last Modified:
1/24/2026
Description
RARE OPPORTUNITY to own multi family in Boca Raton. Property is centrally located in Boca Raton near FAU, Boca Regional Hospital, minutes from the beach. Rents very easily. Current cap rate at listed price is 6%. Roof done recently along with the driveway. Don't miss this chance to invest in highly desirable Boca Raton area. For any showing appointments send either proof of funds, or pre approval letter along with the proof of funds if client cannot pay completely in cash.
More Information MLS# F10423221
Contract Information
Comp Sale YN: No
Listing Contract Date: 2024-02-09
Status: Closed
Original List Price: 2499999
Sold Price: $2,000,000
Current Price: $2,000,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Boca Raton
Postal Code: 33432
Geographic Area: PB04
Country: United States
Street Number: 285
Street Direction Prefix: NW
Street Name: 15th
Street Suffix: Street
State Or Province: FL
Postal Code +4: 1515
Area: 4180
Parcel Number: 06434717280160040
Zoning: R3C
General Property Information
Number Of Buildings: 1
Leasable Area: 7380
Price Per Unit: 357000
Lot Size Area: 23249
Stories Total: 2
Property Sub Type: Multi Family
Building Area Main: 7380
Parking Total: 14
Lot Size Acres: 0.53
Currently Not Used
Number Of Units Total: 7
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2024-03-28T12:06:29Z
Major Change Type: Status Change
Status Change Date: 2024-04-07
Under Contract Date: 2024-02-26
Close Date: 2024-03-28
Close Price: 2000000
Short Sale Details
Lender Approval: Approved
Short Sale Addendum: No
Meter Information
Number Of Meters Total: 7
Structure Type
Warehouse: 1
Location of Property
Central Business District: 1
City Location: 1
Sale Includes
Land: 1
Listing Terms
Cash: 1
Conventional: 1
Cryptocurrency: 1
Owner Will Carry: 1
Income and Expenses
Occupancy Percentage: 100
Description of Unit Type 1
Unit Type: 2 Bedroom
Units Total: 7
Beds Total: 2
Half Baths: 3
Furnished: No
Annual Rent: 2500
Showing Requirements
Appointment Only: 1
See Remarks: 1
Contingencies
None: 1
Concessions
Seller Concessions: No
Price Calculations
Current Price To SqFt: 271
Original List Price To Close Price: 0.8
Section Details
Parcel Number MLX: 0040
Financial Information
Tax Annual Amount: 25952
Tax Year: 2023
Tax Legal Description: BOCA RATON HILLS SEC 2 LT 4 BLK 16
Originating Details
Originating System Key: 578110992
Originating System ID: M00000170
Property Features
Location of Property: Central Business District; City Location
Sale Includes: Land
Listing Terms: Cash; Conventional; Cryptocurrency; Owner Will Carry
Structure Type: Warehouse
Showing Requirements: Appointment Only; See Remarks
Contingencies: None
Listing Office:
Acme Realty
Last Updated: January - 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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