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85 Lariat Circle, Boca Raton, FL 33487

$450,000

Property Type: Residential Income Square Footage: 1,935 Lot Size (sq. ft.): 5,663 Status: Closed

Current Price: $450,000 List Date: 7/07/2016 Last Modified: 3/13/2026

Description

INVESTMENT OPPORTUNIY! Extra Large Duplex with eacg apartment over 1900 sf. This listing includes 83 Lariat Circle and 85 Lariat Circle. The taxes are a combination of both units. Together these units can bring in close to $4000/mo or $48,000/year with present taxes being just over $5,000/year. (#85 is homesteaded presently.) The 85 side of property is in perfect condition, but #83 could use a kitchen renovation. The building itself is in excellent condition . THIS PROPERTY COULD EASILY BE HANDICAPPED ACCESSIBLE. There is no rental figure on #85 because it is owner occupied. There are no community restrictions regarding pets or vehicles. NEW HURRICANE WINDOWS AND DOORS ON UNIT. LOW MAINTENANCE EXPENSES ARE APPROX. OWNER RUNS AT VERY LOW EXPENSE..

More Information MLS# R10225709

Contract Information

Comp Sale YN: No Listing Contract Date: 2016-04-14 Status: Closed Original List Price: 500000 Sold Price: $450,000 Current Price: $450,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Boca Raton Postal Zip: 33487 Development Name: Hidden Valley Geographic Area: PB02 Special Assessment YN: No Street Number: 85 Street Name: Lariat Street Suffix: Circle State Or Province: FL Postal Code: 33487 Subdivision Name: HIDDEN VALLEY SEC 1 Area: 4240 Elementary School: Calusa (Palm Beach) Middle Or Junior School: Boca Raton Community High School: Boca Raton Parcel Number: 06434632080070032 Zoning: R2(cit Directions: FEDERAL HIGHWAY TO HIDDEN VALLEY. TURN WEST AND GO TO COUNTRY CLUB DRIVE, MAKE A LEFT (SOUTH) AND LARIAT CIRCLE IS THE FIRST STREET ON THE LEFT.

Currently Not Used

Number Of Units Total: 2

General Property Information

Living Area Main: 1911 Lot Size Dimensions: 0.0 ft x 75.0 ft Accessibility Features YN: Yes Lot Size Area: 5630 Senior Community YN: No Outdoor Living Spaces YN: Yes Stories: 1 Pool Private YN: No Property Sub Type: Duplex Building Area Main: 1935 Building Area Source: Public Records Year Built: 1977 Lot Size Acres: 0.13

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Conventional Major Change Timestamp: 2016-11-04T16:45:02Z Major Change Type: Status Change Price Change Timestamp: 2016-07-08T15:38:52Z Status Change Date: 2016-11-04 Under Contract Date: 2016-07-13 Close Date: 2016-08-31 Close Price: 450000

Accessibility Features

Accessible Hallway(s): 1 Customized Wheelchair Accessible: 1

Association Amenities

Jogging Path: 1 Playground: 1 Sidewalks: 1 Street Lights: 1

Electric

Three Phase: 1

Flooring

Ceramic Tile: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Special Information

Sold As-Is: 1

Documents Available

Lead Cert: 1 None: 1

Fencing

Fenced: 1

Meter Information

Separate Electric Meters YN: Yes Separate Water Meters YN: No

Tenant Pays

Cable TV: 1 Electricity: 1 Insurance: 1

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1 Sewer Available: 1 Water Available: 1

View

Garden: 1

Heating

Central Individual: 1

Water Access

None: 1

Window Features

Blinds: 1 Sliding: 1 Storm Window(s): 1

Construction Materials

CBS: 1 Frame: 1 Stucco: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Room for Pool: 1

Road Frontage Type

West of US-1: 1 Public Road: 1

Roof

Wood Truss/Rafter: 1

Water Source

Public: 1

Income and Expenses

Annual Total Expense: 4000 Gross Income: 18000 Net Operating Income: 14000

Source Of Expenses

Owner Provided: 1

Cooling

Central Individual: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1

Restrictions

No Restrictions: 1 Lease OK: 1

Storm Protection

Impact Glass: Partial

Tax Information

County Only: 1

Showing Details

Pet(s) on Premises: Yes

Outdoor Living Spaces

Patio: 1

Patio Details

Patio - Open: 1

Contingencies

Financing: 1

Unit 1 Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Washer: 1

Unit 1 Details

Actual Rent: 0 Baths Full: 2 Beds Total: 2 Furnished: Unfurnished SqFt: 1911

Unit 1 Interior Features

Built-in Shelves: 1 Walk-In Closet(s): 1

Unit 1 Other Equipment

Fire Sprinklers: 1 Smoke Detector(s): 1

Unit 1 Parking Features

Parking Space: 1

Unit 1 Patio/Porch

Patio/Porch: 1

Unit 1 Rooms

Family Room: 1 Kitchen: 1 Laundry Room: 1

Unit 2 Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Refrigerator: 1 Washer: 1

Unit 2 Details

Actual Rent: 1600 Baths Full: 2 Beds Total: 2 Furnished: Unfurnished SqFt: 1911

Unit 2 Interior Features

Walk-In Closet(s): 1

Unit 2 Other Equipment

Air Conditioning Unit: 1 Fire Sprinklers: 1 Smoke Detector(s): 1

Unit 2 Parking Features

Parking Space: 1

Unit 2 Rooms

Family Room: 1 Kitchen: 1 Laundry Room: 1

Unit 3 Details

Actual Rent: 0 SqFt: 0

Unit 4 Details

Actual Rent: 0 SqFt: 0

Price Calculations

Current Price To SqFt: 235.47 Original List Price To Close Price: 1.11

Acreage Description

Less Than 1/4 Acre Lot: 1

Financial Information

Tax Annual Amount: 1953.51 Tax Year: 2015 Tax Legal Description: HIDDEN VALLEY SEC 1 N 55 FT OF LT 3 BLK 7 & PT OF TR P-5 LYG N OF & ADJ THERETO

Originating Details

Originating System Key: 20160414134908547013000000 Originating System ID: M00000170

Property Features

Accessibility Features: Accessible Hallway(s); Customized Wheelchair Accessible Association Amenities: Jogging Path; Playground; Sidewalks; Street Lights Documents Available: Lead Cert; None Electric: Three Phase Fencing: Fenced Flooring: Ceramic Tile Property Condition: Resale Tenant Pays: Cable TV; Electricity; Insurance Source Of Expenses: Owner Provided Construction Materials: CBS; Frame; Stucco Cooling: Central Individual Heating: Central Individual Listing Terms: Cash; Conventional Lot Features: Room for Pool Possession: Close Of Escrow Restrictions: No Restrictions; Lease OK Road Frontage Type: West of US-1; Public Road Roof: Wood Truss/Rafter Sewer: Public Sewer Special Information: Sold As-Is Tax Information: County Only Utilities: Cable Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Window Features: Blinds; Sliding; Storm Window(s) Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Open Unit 1 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Interior Features: Built-in Shelves; Walk-In Closet(s) Unit 1 Other Equipment: Fire Sprinklers; Smoke Detector(s) Unit 1 Parking Features: Parking Space Unit 1 Rooms: Family Room; Kitchen; Laundry Room Unit 2 Appliances: Dishwasher; Disposal; Dryer; Refrigerator; Washer Unit 2 Interior Features: Walk-In Closet(s) Unit 2 Other Equipment: Air Conditioning Unit; Fire Sprinklers; Smoke Detector(s) Unit 2 Parking Features: Parking Space Unit 2 Rooms: Family Room; Kitchen; Laundry Room Contingencies: Financing Acreage Description: Less Than 1/4 Acre Lot

Listing Office: Inactive Member

Last Updated: March - 13 - 2026

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