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526 NW 12th Ave
Boynton Beach, FL 33435 Outer Boynton Beach

$1,350,000 USD

Apartments For Sale  •  3,750 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,750 SF
  • Lot Size 0.23 AC
  • Year Built 1960
  • Cap Rate 7.01 %
  • Zoning R2
10 Transit Score
50 Walk Score

Highlights

Government-Guaranteed HUD-VASH Veterans Housing Income
Current Rents 28% Below HUD Fair Market Rent — Significant Value-Add Upside
Fully Renovated in 2018 — Turnkey Investment, No Near-Term CapEx
Prime Boynton Beach CRA Growth Corridor — High Demand, Limited Supply
Zero New Workforce Housing Supply Through 2030
All Reasonable Terms and Offers Considered. Brokers Protected.

Financial Summary (Actual)

Net Operating Income: $94,641 USD (2025)
Cap Rate: 7.01 %
Total Expenses: $49,359 USD

Amenities

  • Air Conditioning
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Freezer
  • Vinyl Flooring
  • Window Coverings
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
7 min - 2.0 mi
14 min - 6.4 mi
AirportDriveWalkDistance
Palm Beach International 22 min - 13.1 mi
Fort Lauderdale/Hollywood International 48 min - 36.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Brad Kuskin 561-232-7899 GoCommercial
Brad Kuskin 561-232-7899 GoCommercial