1200 S Ocean Blvd #PENTHOUSE FBoca RatonFL33432
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Boca Raton at 1200 S Ocean Blvd #PENTHOUSE F, Boca Raton, FL, 33432 with 5% annual appreciation on a $839,888 basis while $3,516/mo rent supports operations. 38% in year one. Equity gained on principal adds $5,420/yr, and five-year appreciation sums $232,046 alongside rental yield of 5.02%. Five-year ROI measures 12.59% and total cumulative return in cash totals $34,779. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,516/mo property income versus a $4,111/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1966
N/A lot
$N/A/sqft
$2,013 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33432, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,928 (100%) |
| Owner Occupied HU | 7,342 (43.4%) |
| Renter Occupied HU | 5,700 (33.7%) |
| Vacant Housing Units | 3,886 (23.0%) |
| Median Home Value | $941,593 |
| Average Home Value | $1,118,234 |
Housing Distribution
Address Breakdown
Residential
13,710
Single Family
4,102
Multi-Family
9,608
Businesses
1,907
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Listed by: Scott Stiepleman • The Keyes Company
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11709743
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.