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214 SW SECOND AVE
BOCA RATON, FL 33432-5906
Asking Price
$2.10M
Asset Type
Residential Retail
Class
Class B
What's Special
East Boca Development Opportunity <p><span style="color: rgba(0, 0, 0, 1)">FOR SALE – Prime East Boca Development Opportunity?214 SW 2nd Ave, Boca Raton, FL 33432</span></p><p><span style="color: rgba(0, 0, 0, 1)">Rare opportunity to acquire a ±0.49-acre development site in the heart of Downtown East Boca Raton. Positioned in a high-growth, highly desirable corridor, this shovel-ready property offers exceptional potential for investors and developers alike.</span></p><p><span style="color: rgba(0, 0, 0, 1)">Zoned R-3, the site a
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NOI
$80,000
Cap Rate
3.81%
DSCR
0.64
Underwater
Cash-on-Cash
-7.09%
Monthly Payment
$10,389.654
Annual Cash Flow
$-44,675.85