Sold
Last Sold Price
4 beds4 baths2,654 sqft$283/sqft
500 NE 48th St, Boca Raton, FL 33431
Multi FamilyProperty Type
8,712 sq ftLot Size
1982Year Built
$283/sq ftPrice per sq ft

Description

Rarely available oversized Duplex in prime east Boca Raton FL
2 units approximately 1,327 sq ft each side. both units were set up as 3 BR; completely renovated in the last 2.5 years including the kitchen, bathrooms and appliances. Washer and dryer in the both units (1 set in the last year or so) newer roof (in the last year) Hurricane Shutters, double front doors, newer gutters, large fenced yard with fruit trees, plenty of parking, separate utility meters.
2 tenants in place, always rented and waiting
...Rarely available oversized Duplex in prime east Boca Raton FL
2 units approximately 1,327 sq ft each side. both units were set up as 3 BR; completely renovated in the last 2.5 years including the kitchen, bathrooms and appliances. Washer and dryer in the both units (1 set in the last year or so) newer roof (in the last year) Hurricane Shutters, double front doors, newer gutters, large fenced yard with fruit trees, plenty of parking, separate utility meters.
2 tenants in place, always rented and waiting list as well. All best Boca Raton A rated schools, Close to FAU shopping and restaurants. Great for investors or an owner to live in one and rent the 2nd one. See broker remarks
  • Listed by: Avraham Hayat 561.312.4179 avihayat@aol.com Brokerage DRE #1054149 • Realty Home Advisors Inc
  • Listed by: Patricia Ann Hayat 561.613.0393 realtor1107@gmail.com Brokerage DRE #1054149 • Realty Home Advisors Inc
Listing closed: 02/15/2022 12:00 AM • Source: Beaches MLS, MLS#: R10752788

Recent comparable sales

Median sold price

$775,000

Avg days on market

54

Sale-to-list ratio

94.2%

Boca Raton, FL

9 comparable properties found

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Location

Listing Courtesy of Realty Home Advisors Inc

Sold By Sutter & Nugent LLC

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Payment Calculator

$4,347 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,812

Property Taxes

$535

HOA Dues

$0

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Property Information for 500 Northeast 48th Street

Property Details
  • Taxes: $6,421 / year
  • MLS Type: Residential Income / Duplex
  • Furnished: Unfurnished
  • View: Garden, Other
  • Waterfront Details: None
  • Style: No Pool/No Water
  • Year Built Numeric: 1982
  • Subdivision: VILLA RICA
Building Information
  • Stories: 1
  • Year Built: 1982
  • Lot Size: 0.20 AC / 8,712 SF
Summary
Location and General Information
  • Area: 4250
  • City and Location Text: Boca Raton
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.392047
  • Information Available: Other
  • MLS Area: 4250
  • MLS Sub Area: PB02, Palm Bch 4180;4190;4240;4250;4260;4270;4280;4290
  • Postal Code: 33431
  • State: FL
  • Street Direction Prefix: NE
  • Subdivision Complex Bldg: VILLA RICA
  • Complex Name: VILLA RICA
  • Water Access: None
  • Zoning: R3 (city)/MULT
Taxes and HOA Information
  • Association Fee: $0
  • Legal Desc: VILLA RICA LTS 1 & 2 BLK 20
  • Parcel ID: 06434708040200010
  • Tax Information: City/County, No Homestead
  • Tax Year: 2020
  • Taxes: $6,421
School Information
  • Elementary School: J. C. Mitchell
  • High School: Boca Raton
  • Middle School: Boca Raton Community
  • Senior High School: Boca Raton
Property
Lot Information
  • Acreage Description: Less Than 1/4 Acre Lot
  • Acres: 0.2
  • Approx Sqft Total Area: 2654
  • Approximate Lot Size: 75.0 ft x 115.0 ft
  • Lot Description: Fruit Tree(s)
  • Lot Dimensions: 75.0 ft x 115.0 ft
  • Property Condition: Resale
  • Special Info: Sold As-Is
  • Sq Ft: 2654
  • Sq Ft Liv Area: 2654.0
  • Sq Ft Total: 2,654
  • Property Type: Residential Income, Duplex
Property and Assessments
  • Avail Docs: Other
  • Construction Type: Duplex, Composition, Other, Resale, CBS
  • Document Count: 0
  • Legal Description: VILLA RICA LTS 1 & 2 BLK 20
  • Type: Duplex
  • Year Built Description: 1982
Utilities
  • Cable Available: Yes
  • Electric Service: True
  • On Site Utilities: Cable Available, Water Available
  • Separate Elec Meters: Yes
  • Separate Meter: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Cable Available, Water Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Construction: CBS, Other
  • Gated Community YN: No
  • Guest Accommodations: No
  • Roof: Composition, Other
  • Roof Description: Composition, Other
  • Storm Protection Accordion Shutt: Partial
  • Storm Protection: Electric/Power Shutters: Partial
  • Subdiv Amenities: Sidewalks, None
  • Fencing: Fenced
Interior Features
  • Baths Total: 4
  • Column Description: CBS, Other
  • Cooling: Central Air, Electric
  • Flooring: Other
  • Heating: Other
  • Heating Description: Other
  • Num Floors: 1
  • Numof Units: 4
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Unit Count: 4
Income & Expenses
  • Income & Expenses: Annual Net Oper Inc: $.00
  • Income & Expenses: Annual Total Expense: $.00
  • Income & Expenses: Gross Operating Inc: $52,200.00
  • Exp Incl Pool Service: No
  • Expense Amount: $0
  • Gross Operating Income: $0
  • Gross Rent Income: $52,200
  • Monthly Income: $52,200
  • Source of Expenses: Owner Provided, Other
Unit Information
Unit 1
  • Appliances: Dryer, Washer
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s)
  • Parking Features: Open Parking, Parking Space
  • Lease Expiration: 05-14-2022
  • Rooms: Kitchen, Laundry Room
  • Actual Rent: $2,350.00
  • Baths Full: 2
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 1327.0
Unit 2
  • Appliances: Range, Refrigerator, Dishwasher, Dryer, Washer
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s)
  • Interior Features: Split Bedroom Plan
  • Parking Features: Open Parking, Parking Space
  • Rooms: Kitchen, Laundry Room
  • Actual Rent: $2,000.00
  • Baths Full: 2
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 1327.0
Unit 3
  • Actual Rent: $.00
  • SqFt: 0.0
Unit 4
  • Actual Rent: $.00
  • SqFt: 0.0
Rental
Rental Information
  • Application Fee: $.00
  • DXORIGMLNO: RML
  • Fee/Deposit Required: HOA Application Fee: 0.0
  • Other Fees: $0
  • Pets on Premises: No
  • Pets On Premises YN: No
  • Possession Information: Close Of Escrow
  • Rental Price/SqFt: $299.55
  • Tenant Pays: Cable TV, Electricity, Water

Property History for 500 Northeast 48th Street

DateEvent & SourcePriceAppreciation
Feb 15, 2022

Sold

Beaches MLS #R10752788

$750,000
Feb 7, 2022

Sold (Public Record)

Public Record #1484295256

$750,000

+16.9% / yr

Jan 7, 2022

Pending

Beaches MLS #R10752788

DateEvent & SourcePrice
02/15/2022

Sold

Beaches MLS #R10752788

$750,000
02/07/2022

Sold (Public Record)

Public Record #1484295256

$750,000

+16.9% / yr

01/07/2022

Pending

Beaches MLS #R10752788

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 500 Northeast 48th Street

Taxable ValueLand-Additions-Total-
Tax Record2024$11,166 ($931 / month)
Home Facts
Baths4Total Finished SqFt2,654 SqFtAbove Grade Finished SqFt2,654 SqFtStories1Lot Size8,625 SqFtStyleDuplexYear Built1982Year Renovated1982ZoningR-3CountyPALM BEACHAPN06-43-47-08-04-020-0010

Schools near 500 Northeast 48th Street

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
J. C. Mitchell Elementary School
PublicPK to 5

Boca Raton Community Middle School
Public6 to 8

Boca Raton Community High School
Public9 to 12

Don Estridge High Tech Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Home Advisors Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.