Quadplex Property with Golf
For Sale
$345,000
Pending
11190 Stonybrook Lane, Boynton Beach, FL 33437
Guard-gated property with a renovated kitchen, enclosed patio, and golf course outlook.
Property Size1,839 SF
Days on Market72
Property Features for 11190 Stonybrook Lane
General Information
Standard status
Pending
Size
1,839 SF
Property subtype
Quadruplex
Additional Details
HOA Fee
$492
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,197
Building Details
Building Size
1,839 SF
Year Built
1982
Listing Agency:
Century 21 Stein Posner
Listed By:
Regina Keating · License #3424391
(954) 205-6559
Source:
Pamandtoni
Added: Aug 18
Changed: Oct 26
Last Checked: Oct 26 at 9:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Stein Posner
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Investment Insights
Based on property information with market context.
This quadplex property at 11190 Stonybrook Lane includes 1,839 square feet and was built in 1982. The described residence features an open living and dining area, two bedrooms, a flexible office or den, and an enclosed 200-square-foot air-conditioned patio. The kitchen has painted cabinetry, quartz countertops, and expanded workspace, complemented by fresh interior paint and cork flooring in the bedrooms.
Recent updates include a 2024 air-conditioning system, water heater, and appliances, along with a newer washing machine. A refrigerator is identified as new in 2026, and the property is prepared for a dedicated generator circuit panel hookup. The home is within the 24-hour guard-gated Indian Spring Country Club community in Boynton Beach and overlooks the golf course. Country Club membership is optional, with access to Fountains Country Club available as part of the stated membership option.
Recent updates include a 2024 air-conditioning system, water heater, and appliances, along with a newer washing machine. A refrigerator is identified as new in 2026, and the property is prepared for a dedicated generator circuit panel hookup. The home is within the 24-hour guard-gated Indian Spring Country Club community in Boynton Beach and overlooks the golf course. Country Club membership is optional, with access to Fountains Country Club available as part of the stated membership option.
Key Highlights
- 1,839‑square‑foot property built in 1982
- Open living and dining area with golf course view
- Renovated kitchen with quartz counters and painted cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,656
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,120
$613.1K
Cap Rate 7%
$437,943
$437.9K
Cap Rate 9%
$340,622
$340.6K
Market Conditions
NOI Build-Up for 1,839 SF
Gross rent
$46.3K $25.20/SF
− Vacancy
−$2.5K −$1.39/SF
EGI
$43.8K $23.81/SF
− OpEx
−$13.1K −$7.14/SF
NOI
$30.7K $16.67/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,120
Cap Rate 7%
$437,943
Cap Rate 9%
$340,622
Alternative Uses
Best Use
Multifamily LT 5
$437.9K
$383.2K – $510.9K
NOI $30,656 @ 7.0% cap · market cap 8.89%
Second Best
Apartment 5plus
$404.0K
$353.5K – $471.4K
NOI $28,283 @ 7.0% cap · market cap 8.20%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,659 @ 7.0% cap · market cap 26.28%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
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Business Placement
Demographics for 33437, FL
36,889
Population
21,809
Households
1.7
Avg Household Size
68
Median Age
48%
College-Educated
96%
High-School Grad
10.8 sq mi
ZIP Area
3,416
Density / Sq Mi
$78,941
Median Household Income
$44,414
Median Earnings
$1,968
Median Rent
$391,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Guard-gated property with a renovated kitchen, enclosed patio, and golf course outlook.
Where is this quadplex located?
The property is located at 11190 Stonybrook Lane Boynton Beach, FL.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 1,839‑square‑foot property built in 1982; Open living and dining area with golf course view; Renovated kitchen with quartz counters and painted cabinetry
