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Fully Leased Quadplex
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2651 SE 2nd St, Boynton Beach, FL 33435

R2-zoned residential property with occupancy across all four units.

Property SizeContact for details
Days on Market204

Property Features for 2651 SE 2nd St

General Information

Standard status Active
Class B
Property subtype Multifamily
Zoning R2
Occupancy 100%
Investment Type Value Add

Additional Details

Multifamily Units 4

Building Details

Buildings 1
Units 4
Tenancy Multi
Listing Agency: Apex Capital Realty
Listed By: Miguel Pinto · License #3313310
Source: Crexi
Added: Feb 11 Changed: Aug 30 Last Checked: Sep 1 at 8:30PM

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 Apex Capital Realty

Investment Insights

Based on property information with market context.

Located at 2651 SE 2nd St in Boynton Beach, Florida, this four-unit residential property is configured as a quadplex and carries R2 zoning. The asset is income-producing and currently leased across all four units, with four tenants in place.

The property is situated in Palm Beach County and offers an established residential income profile through its occupied unit configuration. Tenant payment performance is described as reliable, supporting the existing operating history. The property information also identifies potential to increase value through future rental adjustments.

Key Highlights

  • Four‑unit quadplex configuration
  • All four units are currently leased
  • Four tenants in place

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Hair Salon Restaurant Law Firm Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

968
Businesses Nearby

Demographics for 33435, FL

37,318
Population
20,058
Households
1.9
Avg Household Size
45
Median Age
32%
College-Educated
85%
High-School Grad
6.5 sq mi
ZIP Area
5,741
Density / Sq Mi
$66,612
Median Household Income
$35,488
Median Earnings
$1,846
Median Rent
$306,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - R2-zoned residential property with occupancy across all four units.
Where is this quadplex located?
The property is located at 2651 SE 2nd St Boynton Beach, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four‑unit quadplex configuration; All four units are currently leased; Four tenants in place
(305) 570-2600 Call to check price and availability
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