331 NW 1st Avenue, Boynton Beach, FL 33435
MULTI_FAMILY - Boynton Beach, FL
- Added:
- Oct 19, 2025
- Days on Market:
- 245
- Last Refresh:
- Jun 20 at 12:06 am
Property Features for 331 NW 1st Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-1-A(
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Window features
- Blinds
- Patio and Porch features
- Patio
- Fencing
- Fenced
- Standard status
- Active
- APN
- 08434528100020210
- Size
- 2,094 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- BOYNTON HEIGHTS ADD REVISED PLLTS 21 & 22 BLK 2
- Tax Annual Amount
- 8519
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central, Zoned
- Cooling system
- Zoned, Ceiling Fan(s), Electric
- Water source
- Public
Building Details
- Year built
- 1927
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate, Tile - Ceramic
- Building materials
- Frame, Stucco, Mixed
- Roof type
- Composition
Listing agent Ruth Weizman License #3016436 (561) 715-0695
Listing office Realty Home Advisors Inc 9174 Glades Rd, Boca Raton, FL (561) 613-0393
Listing date Oct 19, 2025
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex setup: each side is a 2‑bedroom, 1.5‑bath townhome
- Completely fenced yard for each side, plus a patio
- Zoned electric heating with central system and ceiling fans
- Zoned electric cooling
- Interior flooring includes ceramic tile and laminate
- Built in 1927 with a composition roof; public water and public sewer
Overview
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 | $52.8k | $25.20 |
| − Vacancy | −$2.9k | −$1.39 |
| EGI | $49.9k | $23.81 |
| − OpEx | −$15.0k | −$7.14 |
| NOI | $34.9k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Boynton Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.068467
- Latitude
- 26.52826
