1011, 290, 16, 146 Exeter, Dorset, Mansfield, Mansfield, Boca Raton, FL 33434

Investor opportunity in the desirable Exeter at Century Village subdivision of Boca Raton. This residential income package includes four condominium units: 1011 Exeter A with 2 bedrooms and 1.5 bathrooms, 290 Dorset G with 2 bedrooms and 1.5 bathrooms, 16 Mansfield A with 1 bedroom and 1.5 bathrooms, and 146 Mansfield D with 1 bedroom and 1.5 bathrooms.

Together, the units offer 3,131 square feet of living area and are located in a well-maintained 55+ community in Palm Beach County. The portfolio currently generates approximately $6,175 in monthly rental income, with potential to reach about $6,800. Estimated monthly carrying costs are approximately $3,000. The current estimated cap rate is 8.5%, with potential to approach 10%, making this a compelling multi-unit investment opportunity.

The community offers resort-style amenities, including a clubhouse, pool, tennis courts, fitness and exercise room, shuffleboard, theater, and transportation. A mandatory monthly HOA applies. The building features a tennis court, and the pet policy is listed as both no and yes, so buyers should confirm current guidelines with the association.

The property was built in 1980 and features electric cooling and electric heating. Exterior information is recorded as Other. Zoned schools include Whispering Pines Elementary, Eagles Landing Middle School, and Olympic Heights Community High School.

Living in South Florida means enjoying warm weather, beautiful beaches, excellent dining, vibrant entertainment, shopping, and convenient access to major highways and the greater Miami area. The location also places residents near everyday conveniences and Palm Beach attractions.

For more information about 1011, 290, 16, 146 Exeter, Dorset, Mansfield, Mansfield, Boca Raton, FL 33434, call or text/WhatsApp +1 786.468.4380.