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$175,000

Boca Towne Centre Condo — Boca Raton

2 bd · 1 ba · 800 sqft · Built 1971 · Pets: No
500 SW 2nd Avenue 120, Boca Raton, FL 33432
MLS# B26072766

Great investment property. Renovated fully in 2018. A/C is brand new. Long term tenant of 15+ years paying $1,820/month and just signed a new lease ending April 2027. Rentals go up to $2,500 in the building.

Costs and association

The association fee is $570 monthly, covering water. Property tax was $2,593 in 2025. Ownership is subject to no restrictions.

Association fee
$570 monthly
Estimated monthly cost
$570
Fee includes
Water
Association type
Condominium
Master association
No
Annual property tax
$2,593 (2025)
Restrictions
No Restrictions
Pets
No
Gated community
No
Age-restricted community
No

Building and exterior

Built in 1971, in a 2-storey building. Construction is CBS.

Floors in building
2
Unit floor
1
Unit number
120
Levels
One
Year built
1971
Total building area
800 sq ft
Private pool
No
Waterfront
No
Faces
East
Construction
CBS
Roof
Flat

Interior and finishes

Finished in vinyl. Climate control is central air with central individual heat. The plan runs to 3 rooms with 1 full bathroom. Interior features include none.

Bedrooms
2
Full bathrooms
1
Total rooms
3
Living area
800 sq ft
Flooring
Vinyl
Interior features
None
Appliances
Electric Water Heater, Disposal, Dishwasher, Microwave, Oven, Refrigerator, Water Heater
Cooling
Central Air
Heating
Central Individual
Rooms
Kitchen, Living Room, Master Bedroom

Location and market

Listed on 5 Sep 2026, and on the market 70 days. The price has come down from $185,000. Assigned schools are Boca Raton and Boca Raton Community.

Date listed
5 Sep 2026
Days on market
70
Original list price
$185,000
Price per sq ft
$231.25
Elementary school
Boca Raton
Middle school
Boca Raton Community
High school
Boca Raton
Utilities
Water Connected
Sewer
Public Sewer
Photographs
4

Inquire about this home

Courtesy of Compass Florida LLC. Listing data via BeachesMLS IDX. Information deemed reliable but not guaranteed.

Location

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