Remodeled Duplex with Two 3BR
204 NW 1st St Boynton Beach, FL 33435
204 NW 1st St, Boynton Beach, FL, 33435
$1,025,000
For Sale
$1,025,000
MULTI_FAMILY - Boynton Beach, FL
Property Size2,238 SF
Price / SF$457
Days on Market32
Property Features for 204 NW 1st St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking
- 4
- Standard status
- Active
- APN
- 08434528100040280
- Size
- 2,238 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BOYNTON HEIGHTS ADD REVISED PLLTS 28 TO 31 INC BLK 4
- Tax Annual Amount
- 10661
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Built-Up
Listing agency
Xcellence
(866) 595-6025
Listed by
Paul Jacques · License #3187171
(561) 441-9695
Added: Jun 21 Updated: Jul 18 at 1:36AM Checked: Jul 22 at 11:06PM
MLS# A12030785
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This beautifully remodeled duplex features two mirrored 3-bedroom, 2-bath units. Each unit is equipped with its own washer, dryer, and water heater. Recent improvements include a 2022 roof, fully renovated kitchens, bathrooms, and bedrooms, along with new appliances, fresh landscaping, and exterior updates.
Ample parking is available, including a covered carport and a spacious front driveway. Unit 208 includes a private fenced backyard, while Unit 204 offers a screened-in porch.
The property is located about 1 mile from the beach and is directly across from Boynton Beach City Hall, with access to nearby restaurants, shopping, entertainment, and major transportation routes.
Ample parking is available, including a covered carport and a spacious front driveway. Unit 208 includes a private fenced backyard, while Unit 204 offers a screened-in porch.
The property is located about 1 mile from the beach and is directly across from Boynton Beach City Hall, with access to nearby restaurants, shopping, entertainment, and major transportation routes.
Key Highlights
- Remodeled duplex with two mirrored 3‑bedroom, 2‑bath units
- About 1 mile from the beach, located directly across from Boynton Beach City Hall
- Recent upgrades include a 2022 roof and fully renovated kitchens, bathrooms, and bedrooms
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.4k | $25.20 |
| − Vacancy | −$3.1k | −$1.39 |
| EGI | $53.3k | $23.81 |
| − OpEx | −$16.0k | −$7.14 |
| NOI | $37.3k | $16.67 |
2,238 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$533.0K
$466.3K – $621.8K
NOI $37,307 @ 7.0% cap · market cap 3.64%
Second Best
Apartment 5plus
$491.7K
$430.2K – $573.7K
NOI $34,419 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,329 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey duplex with two mirrored 3-bedroom, 2-bath units, each with in-unit laundry and updated systems.
Where is this duplex located?
The property is located at 204 NW 1st St Boynton Beach, FL.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: Remodeled duplex with two mirrored 3‑bedroom, 2‑bath units; About 1 mile from the beach, located directly across from Boynton Beach City Hall; Recent upgrades include a 2022 roof and fully renovated kitchens, bathrooms, and bedrooms
