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Seacrest Apartments 2 Multifamily Properties Offered at $2,652,624 CAD in Boynton Beach, FL
Investment Highlights
- Located Directly Across the Street from the Boynton Beach Town Square Project
- Each Unit Upgraded With Either Granite or Quartz Countertops, Undermount Sinks and Stainless Steel Appliances
- Coin-Operated Laundry On-Site
- Unit Mix Consists of Entirely Two-Bedroom / One-Bathroom Apartment Units
- Central Air Conditioning Throughout
Executive Summary
Marcus & Millichap is pleased to present Seacrest Apartments, a well-located 8-unit multifamily property positioned at 215 S Seacrest Boulevard and 107 SW 2nd Avenue in Boynton Beach, Florida. The property is situated on 0.43 acres and features eight large two-bedroom/one-bathroom apartments with generous floorplans. Originally built in 1935 with wood frame construction, the asset is equipped with central air conditioning throughout. Each unit has been upgraded with contemporary finishes including granite or quartz countertops, undermount sinks, and stainless-steel appliances, enhancing both resident appeal and market positioning. The property also features on-site coin-operated laundry with two washers and dryers owned by the seller, creating an additional income stream.
Seacrest Apartments is strategically located three blocks south of Boynton Beach Boulevard off Seacrest Boulevard, offering immediate access to Interstate-95 (0.7 miles) and Boynton’s primary retail and employment corridors. Directly across the street from the south parcel sits the transformational Boynton Beach Town Square project — an approved mixed-use redevelopment including 898 residential units, 23,625 square feet of commercial space, and structured parking exceeding 1,000 spaces, which will serve as a major catalyst for activity in the area.
Additionally, the upcoming The Villages mixed-use development — located at 405 E. Ocean Avenue — is now underway and will deliver approximately 336 residential rental apartments, 668 structured parking spaces, ~8,000 square feet of retail and restaurant space, and multiple community plazas with pedestrian connections between Boynton Beach Boulevard and Ocean Avenue, further elevating downtown’s appeal and residential demand.
With upgraded interiors, strong in-place fundamentals, and proximity to significant public-private redevelopment projects, Seacrest Apartments offers investors a rare opportunity to acquire a well-positioned multifamily asset in a core urban submarket poised for continued growth and increasing densities.
Seacrest Apartments is strategically located three blocks south of Boynton Beach Boulevard off Seacrest Boulevard, offering immediate access to Interstate-95 (0.7 miles) and Boynton’s primary retail and employment corridors. Directly across the street from the south parcel sits the transformational Boynton Beach Town Square project — an approved mixed-use redevelopment including 898 residential units, 23,625 square feet of commercial space, and structured parking exceeding 1,000 spaces, which will serve as a major catalyst for activity in the area.
Additionally, the upcoming The Villages mixed-use development — located at 405 E. Ocean Avenue — is now underway and will deliver approximately 336 residential rental apartments, 668 structured parking spaces, ~8,000 square feet of retail and restaurant space, and multiple community plazas with pedestrian connections between Boynton Beach Boulevard and Ocean Avenue, further elevating downtown’s appeal and residential demand.
With upgraded interiors, strong in-place fundamentals, and proximity to significant public-private redevelopment projects, Seacrest Apartments offers investors a rare opportunity to acquire a well-positioned multifamily asset in a core urban submarket poised for continued growth and increasing densities.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $2,652,624 CAD | Number of Properties | 2 |
| Price / SF | $379.60 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.32% | Total Building Size | 6,988 SF |
| Sale Type | Investment | Total Land Area | 0.89 AC |
| Status | Active |
| Price | $2,652,624 CAD |
| Price / SF | $379.60 CAD / SF |
| Cap Rate | 6.32% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,988 SF |
| Total Land Area | 0.89 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 107 SW 2nd Ave, Boynton Beach, FL 33435 | Multifamily | 3,596 SF | 1975 | - |
| 215 S Seacrest Blvd, Boynton Beach, FL 33435 | Multifamily | 3,392 SF | 1935 | - |
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Contacts
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River Rhoads -
Daniel Cunningham -
Evan Richardson -
Dillon Majeski -
Cory Sanchez -
Jason Nowik -
Marcus & Millichap
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