ONE Commercial Real Estate is pleased to present this exceptional opportunity to acquire this 10-unit garden-style apartment complex in prime Boynton Beach, Florida.
Desirable unit mix of seven one-bed units and three two-bed units with 8 out of the 10 units having gone under renovations.
The property benefits from excellent proximity to the N. Federal Hwy corridor where the annual average daily traffic count exceeds 17,500 vehicles per day. In addition, proximity to the Ocean Avenue thoroughfare connects the property to excellent retail amenities, beach access, and exceptional public amenities like Ocean Front Park, Boynton Harbor Marina, and the newly renovated Canyon Library branch.
Located within an Opportunity Zone and the Boynton Beach CRA District, this neighborhood has seen tremendous growth with its mix of cultural vibrance and favorable location. Both visitors and residents enjoy accessing all the amenities offered by Boynton Beach as well as closely accessible West Palm Beach and Delray Beach. With its prime location and solid structure, this multifamily opportunity delivers immediate returns and upside.