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Sold for $885,000
  • $885,000

    501 NE 16th Street, Boca Raton, FL 33432

    --beds
    4baths
    1,983sqft
    Duplex, Multi Family, Multi Family
    Built in 1975
    -- sqft lot
    $956,500 Zestimate®
    $446/sqft
    $4,298 Estimated rent

    Home value

    $956,500

    $890,000 - $1.04M

    $4,298/mo

    Zestimate® history
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    $4,298/mo

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    Rent Zestimate®

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    $5,831/mo

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    $5,831/mo

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    What's special

    Rarely available corner duplex overlooking Lake Wyman Park at your front door!! Highly desirable prime location in East Boca Raton. Minutes from gorgeous beaches, Intracoastal Waterway, Silver Palm Park on the Intracoastal offers public but permit-required boat launch, Downtown Boca, restaurants and shopping. Great investment opportunity East of US-1. Ideal for two families or live in one and lease the other. Both units offer 2BD, 2BA, eat-in kitchen, laundry room, large covered screened patio plus hurricane impact windows, new roof and Xeriscape landscaped style for water conservation!! Both tenants have been in residence for 15 years.

    Zillow last checked: 7 hours ago

    Listing updated: February 13, 2026 at 03:05pm

    Listed by:

    Caridad Monier 561-715-2201,

    Coldwell Banker

    Bought with:

    Ross M Stern, 3277471

    RE/MAX Services

    Ross M Stern, 3277471

    RE/MAX Services

    Source: BeachesMLS,MLS#: R10939571MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Features
    • Flooring: Carpet, Ceramic Tile, Laminate, Tile
    • Windows: Sliding, Storm Window(s)
    Interior area
    • Total structure area: 2,438
    • Total interior livable area: 1,983 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Outdoor Living Area
    • Waterfront features: None
    Lot
    • Size: 8,276 sqft
    • Dimensions: Corner Lot. 0.1861 acres / 8,106 sf
    • Features: Corner Lot, < 1/4 Acre
    Details
    • Parcel number: 06434717080000250
    • Zoning: R2(cit
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family, Multi Family
    Materials
    • Block
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1975
    Details
    • Builder name: Other

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Multiple Meters, Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & neighborhood

    Location
    • Region: Boca Raton
    • Subdivision: LAKE WYMAN SHORES

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/18/2024Listing removed$4,000$2/sqft
    Source: BeachesMLS #R10998165 Report a problem
    7/21/2024Price change$4,000-11.1%$2/sqft
    Source: BeachesMLS #R10998165 Report a problem
    6/21/2024Listed for rent$4,500$2/sqft
    Source: BeachesMLS #R10998165 Report a problem
    2/16/2024Sold$885,000-3.3%$446/sqft
    Source: BeachesMLS #R10939571 Report a problem
    11/30/2023Listed for sale$915,000$461/sqft
    Source: BeachesMLS #RX-10939571 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$10,189 +2.4%$492,225 +10%
    2023$9,947 +24.7%$447,477 +10%
    2022$7,979 +6.6%$406,797 +10%

    Find assessor info on the county website

    Neighborhood: 33432

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $956,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $956,500