491 W Camino Real, Boca Raton, FL 33432 (MLS# RX-10936600)
$1,500,000
Boca Raton, FL 33432
MLS# RX-10936600
3200 sqft
1 / 29
Property Description
RARE opportunity to purchase a five (5) unit multifamily building in coveted Downtown East Boca! This property is being offered on the open market for the first time ever and is a unique opportunity to own one of the last multifamily buildings in the area. The Culver House has six (6) total condo units with five (5) of them being offered for sale. Four (4) units feature 1BR, 1 BA with 600 Living SF each and one (1) 2BR, 2BA with 800 Living SF (Sixth unit is 2BR, 2BA). The upstairs units include balconies and screen enclosures. This property just underwent extensive renovations including brand new Impact Windows & Doors, concrete restoration on balconies, exterior catwalk, etc, new landscaping, exterior paint, and brand new guardrails and screen enclosures on the balconies. Units
Details
Maps
Contract Information
Listing Date: 2023-11-16
Status: Active
Original List Price: 1500000
Auction: No
List Price: $1,500,000
Current Price: $1,500,000
List Price/SqFt: 468.75
Comm/Non-Rep: 1.0%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Quad Plex
Structure Type: Condominium
Total # of Units: 5
Property Condition: Resale
Year Built: 1989
Number of Stories: 2
SqFt - Total: 3200
SqFt - Living: 3200
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Directions: WEST ON CAMINO REAL FROM FEDERAL HWY
Subdivision: CULVER HOUSE
Development Name: CULVER HOUSE
Waterfront: No
Private Pool: No
Pets on Premises: No
Separate Elec Meters: Yes
Separate Wtr Meters: No
Location, Tax & Legal
Area: 4260
Geo Area: PB02
Country: United States
County: Palm Beach
Parcel ID: 06434730560000000
Street #: 491
Street Dir: W
Street Name: Camino Real
State/Province: FL
Zip Code: 33432
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Legal Desc: CULVER HOUSE CONDO
Zoning: R3
Tax Year: 2022
Taxes: 7419
Elementary School: Boca Raton Elementary School
Middle School: Boca Raton Community Middle School
High School: Boca Raton Community High School
Geo Lat: 26.343017
Geo Lon: -80.095229
Office/Member Info
DXORIGMLNO: RX-10936600
DXORIGMLSID: RML
Unit 1 Info
Bedrooms: 2
Full Bath: 2
Furnished: No
SqFt: 800
Unit 2 Info
Bedrooms: 1
Full Bath: 1
Furnished: No
SqFt: 600
Monthly Income: 1800
Unit 3 Info
Bedrooms: 1
Full Bath: 1
Furnished: No
SqFt: 600
Monthly Income: 1800
Unit 4 Info
Bedrooms: 1
Full Bath: 1
Furnished: No
SqFt: 600
Monthly Income: 1800
Storm Protection
Impact Glass: Complete
Property Features
Source of Expenses: Owner
Construction: CBS
Waterfront Details: None
Unit 1 Desc: A/C Unit; Electric Meter; Kitchen; Range - Electric; Refrigerator
Unit 1 Parking: Open Parking
Unit 2 Desc: A/C Unit; Electric Meter; Kitchen; Range - Electric; Refrigerator
Unit 2 Parking: Open Parking
Lot Description: 1/4 to 1/2 Acre
Exterior Features: Auto Sprinkler; Covered Balcony; Covered Patio; Screened Balcony
Subdiv. Amenities: None
Tenant Pays: Cable; Electric
Restrict: Other
Flooring: Carpet; Tile
Cooling: Central; Electric
Heating: Central; Electric
Roof: Comp Shingle
Terms Considered: Cash; Conventional
Utilities: Public Sewer; Public Water
Special Info: Sold As-Is
Taxes: City/County
Avail Info: Leases
Possession: At Closing; Funding
Supplements
#2 and #5 both have BRAND NEW AC units installed in July 2023. The Culver House is located just minutes from all that Downtown Boca Raton has to offer including Mizner Park, Royal Palm Place, shopping, numerous restaurants, and is just 1.5 miles from the beach and A1A. This is one of the last chances to acquire a commercial building in East Boca for less than $2 million! Call today for more details, rent roll, and more.
Listing Office: Coldwell Banker Hometown Real Estate
Last Updated: November - 16 - 2023
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