Prime Downtown Boca Raton Investment Opportunity – Strong Rental Income Excellent opportunity to own a well-located 1-bedroom, 1-bathroom apartment in the heart of Downtown Boca Raton, currently generating $1,570/month in rental income (until November 2026). Ideal for investors seeking stable cash flow in a high-demand area. This unit features a spacious living area, updated bathroom, and ample storage throughout. The kitchen and appliances are in great condition, offering a clean, move-in-ready space for tenants. Located just steps from everything Boca has to offer: Walking distance to Mizner Park Minutes from IPIC Theaters Boca Raton, top restaurants, shops, and the post office Near the future **Brightline Boca Raton station, adding long-term value and convenience The building offers common laundry facilities on each floor, with this unit located just steps away for added convenience. Includes one assigned parking space plus ample guest parking. A rare chance to own in one of Boca Raton’s most desirable and walkable locations with immediate income and future upside.
For sale
$169,000
500 SW 2nd Ave #2150, Boca Raton, FL 33432
1beds
512sqft
Est.: Get pre-qualified
Condominium
Built in 1971
-- sqft lot
$-- Zestimate®
$330/sqft
$578/mo HOA
What's special
Clean move-in-ready spaceAmple storage throughoutAmple guest parkingUpdated bathroomOne assigned parking space
- 13 days |
- 110 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Marcelo Olsak 954-338-8919,
Florida Brokers Real Estate
Source: MIAMI,MLS#: A12017785
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Other
Features
- Other
- Flooring: Other
Interior area
- Total structure area: 512
- Total interior livable area: 512 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Other
- Garage spaces: 2
Features
- Exterior features: Other
- Has view: Yes
- View description: Other
Details
- Parcel number: 06434730270022150
- Other equipment: Other
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Other
Condition
- Year built: 1971
Community & HOA
Community
- Security: Other
- Application fee: $150
- Pet fee: $0
- Subdivision: Boca Towne Centre Condo
HOA
- Has HOA: Yes
- Amenities included: Other
- HOA fee: $578 monthly
Location
- Region: Boca Raton
Financial & listing details
- Price per square foot: $330/sqft
- Tax assessed value: $118,000
- Annual tax amount: $1,799
- Date on market: 5/12/2026
- Listing terms: All Cash,Conventional,FHA
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listed for sale | $169,000+108.6%$330/sqft |
Source:  MIAMI #A12017785 Report a problem | ||
| 10/12/2020 | Listing removed | $1,100$2/sqft |
Source: Florida Brokers Real Estate #A10921903 Report a problem | ||
| 10/6/2020 | Price change | $1,100-4.3%$2/sqft |
Source: Florida Brokers Real Estate #A10921903 Report a problem | ||
| 9/3/2020 | Listed for rent | $1,150+9.5%$2/sqft |
Source: Florida Brokers Real Estate #A10921903 Report a problem | ||
| 12/18/2018 | Listing removed | $1,050$2/sqft |
Source: Florida Brokers Real Estate #A10534887 Report a problem | ||
| 11/7/2018 | Sold | $81,000-14.7%$158/sqft |
Source: Public Record Report a problem | ||
| 10/27/2018 | Listed for rent | $1,050-4.5%$2/sqft |
Source: Florida Brokers Real Estate #A10534887 Report a problem | ||
| 9/24/2018 | Pending sale | $95,000$186/sqft |
Source: Florida Brokers Real Estate #A10464046 Report a problem | ||
| 9/24/2018 | Listing removed | $1,100$2/sqft |
Source: Florida Brokers Real Estate #A10534887 Report a problem | ||
| 9/24/2018 | Price change | $1,100-4.3%$2/sqft |
Source: Florida Brokers Real Estate #A10534887 Report a problem | ||
| 9/9/2018 | Listed for rent | $1,150$2/sqft |
Source: Florida Brokers Real Estate #A10534887 Report a problem | ||
| 5/8/2018 | Listed for sale | $95,000+11.8%$186/sqft |
Source: Florida Brokers Real Estate #A10464046 Report a problem | ||
| 10/30/2015 | Sold | $85,000$166/sqft |
Source: Public Record Report a problem | ||
| 7/22/2015 | Listed for sale | $85,000+66%$166/sqft |
Source: Florida Brokers Report a problem | ||
| 7/6/2015 | Sold | $51,200-57.3%$100/sqft |
Source:  BeachesMLS #R10137802 Report a problem | ||
| 11/29/2006 | Sold | $120,000+300%$234/sqft |
Source: Public Record Report a problem | ||
| 9/11/1996 | Sold | $30,000$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,046 +5.2% | $97,163 +10% |
| 2023 | $1,945 +6.2% | $88,330 +10% |
| 2022 | $1,832 +17.5% | $80,300 +10% |
| 2021 | $1,559 +4.3% | $73,000 +5% |
| 2020 | $1,495 +4.4% | $69,500 +6.9% |
| 2019 | $1,432 | $65,000 +22.6% |
| 2018 | $1,432 +21.9% | $53,000 +6% |
| 2017 | $1,174 +4.3% | $50,000 +5.3% |
| 2016 | $1,125 +4% | $47,500 +57% |
| 2015 | $1,082 +30.1% | $30,250 +10% |
| 2014 | $831 +23.7% | $27,500 +10% |
| 2013 | $672 +5.1% | $25,000 +8.7% |
| 2012 | $640 +257.3% | $23,000 |
| 2011 | $179 -29.7% | $23,000 -23.3% |
| 2010 | $255 +13.9% | $30,000 |
| 2009 | $223 -73.2% | $30,000 -62.7% |
| 2008 | $832 -27.4% | $80,325 -5.5% |
| 2007 | $1,146 -43% | $85,000 -15% |
| 2006 | $2,010 | $100,000 +42.9% |
| 2005 | -- | $70,000 +40% |
| 2004 | $556 +949.2% | $50,000 +35.1% |
| 2003 | $53 -93.5% | $37,000 |
| 2002 | $817 +23% | $37,000 +27.6% |
| 2001 | $664 +19.1% | $29,000 +20.8% |
| 2000 | $558 +15% | $24,000 |
| 1999 | $485 | $24,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33432
Nearby schools
GreatSchools rating
- 7/10Boca Raton Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 8/10Boca Raton Community Middle SchoolGrades: 6-8Distance: 1.7 mi
- 6/10Boca Raton Community High SchoolGrades: 9-12Distance: 2.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Palm Beach County
- Boca Raton
- 33432
- 500 SW 2nd Ave Unit 2150
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