500 SW 2nd Avenue # 120, Boca Raton FL 33432

Discover a smart investment opportunity in Palm Beach County with this renovated 800 square foot condominium at 500 SW 2nd Avenue # 120, Boca Raton FL 33432. Located in Boca Towne Centre Condo, this corner, one-story unit was fully renovated in 2018 and now features a brand-new air conditioning system.
The property is leased to a long-term tenant who has occupied the home for more than 15 years and currently pays $1,820 per month. A new lease has been signed through April 2027, offering immediate rental income and stability. Comparable rentals in the building can reach up to $2,500 per month.

Boca Towne Centre Condo, Unit 120

Boca Towne Centre Condo, Unit 120 includes central individual air conditioning and central air, with heating provided by the same system. The kitchen is equipped with an electric water heater, dishwasher, disposal, microwave, refrigerator, self-cleaning oven, and wall oven. The unit has no additional interior features listed.
The monthly association fee is $570, and the community is subject to a mandatory HOA. Pet information is listed as both allowed and not allowed, so buyers should verify the current policy. Assigned schools include Boca Raton Elementary, Boca Raton Community Middle, and Boca Raton Community High School. Built in 1971, this condominium offers a practical location near South Florida beaches, year-round sunshine, dining, shopping, entertainment, and convenient access toward Miami.
For details or to schedule a showing, call or WhatsApp +1 786.468.4380.