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FullyRenovated Pool House + 2 units (triplex) 333 SE 23rd Ave 3 Unit Apartment Building $1,465,716 CAD ($488,572 CAD/Unit) 5.40% Cap Rate Boynton Beach, FL 33435

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EXECUTIVE SUMMARY

Renovated Pool House + 2 units (triplex) in East Boynton, minutes to the beach and US-1. Includes a 3BR/2BA single-family home with private pool plus two 2BR/1BA units with private backyards. 2021–2025 upgrades: full interior renovations (kitchens/baths/flooring/appliances), complete electrical, new A/Cs, fencing, exterior paint, landscaping, resurfaced parking. 7 parking spaces under permit. Stable in-place income with room to grow. Available alone or with adjacent 401 SE 23rd for scale.
Offering Memorandum available upon request.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $117,257 $30.64
Other Income - -
Vacancy Loss - -
Effective Gross Income $117,257 $30.64
Taxes - -
Operating Expenses $38,125 $9.96
Total Expenses $38,125 $9.96
Net Operating Income $79,132 $20.68

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $117,257
Annual Per SF $30.64
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $117,257
Annual Per SF $30.64
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual $38,125
Annual Per SF $9.96
Total Expenses (CAD)
Annual $38,125
Annual Per SF $9.96
Net Operating Income (CAD)
Annual $79,132
Annual Per SF $20.68

PROPERTY FACTS

Price $1,465,716 CAD
Price Per Unit $488,572 CAD
Sale Type Investment
Cap Rate 5.40%
Sale Condition Build to Suit
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.23 AC
Building Size 3,827 SF
No. Stories 1
Year Built 1972
Zoning C2

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1.5 2 - 1,042
3+2 1 - 1,515
  • Listing ID: 38174465

  • Date on Market: 2025-10-22

  • Last Updated:

  • Address: 333 SE 23rd Ave, Boynton Beach, FL 33435

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