Corner Villa with Private
For Sale
$214,000
3780 Lace Vine Lane, Boynton Beach, FL 33436
Residential, Boynton Beach, FL
Property Size1,182 SF
Price / SF$181.05
Days on Market368
Property Features for 3780 Lace Vine Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
SINGLE FAMILY R
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Dining Room, Bathroom 1, Bathroom 2, Family Room, Bedroom 2
Parking features
Guest, Assigned
Window features
Skylight(s)
Patio and Porch features
Patio
Pets allowed
Yes
Interior features
Cathedral Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
Fencing
Fenced
Appliances
Electric Range, Refrigerator
Subdivision
OAKWOOD II
Directions
BOYNTON BEACH BLVD WEST OF CONGRESS TO OAKWOOD LAKES DR. TO LACE VINE OR OLD BOYNTON BEACH BLVD.
Standard status
Active
APN
00434519120001310
Size
1,182 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
OAKWOOD PL II IN PB48P44 UNIT 131
Tax Annual Amount
672
Expense value
125
Expense
Application Fee
Expense freq.
One Time
HOA Fee
$500 Monthly
Legal Description
OAKWOOD PL II IN PB48P44 UNIT 131
Utilities
Heating system
Electric (Heating)
Cooling system
Electric
Building Details
Year built
1985
Floors in Building
1
Flooring type
Laminate, Carpet
Building materials
CBS, Stucco
Roof type
Tile, Concrete
Architectural style
Other
Listing Agency:
Florida Premier Realty of the Palm Beaches LLC
(561) 433-2477
Listed By:
Lisa Nichols · License #3391334
(561) 523-3364
Added: Aug 31, 2025
Changed: Aug 19
Last Checked: Sep 2 at 1:06AM
MLS# R11120012
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.
Investment Insights
Based on property information with market context.
This well-maintained corner villa features an open, airy layout with 2 bedrooms and 2 bathrooms, designed to maximize natural light. A versatile den provides flexible space for a home office, family room, or guest use. The kitchen includes a skylight that adds to the bright feel of the home. Additional highlights include accordion shutters for peace of mind and outdoor space with a private patio and garden area.
Located in a quiet, desirable 55+ community in Boynton Beach, Florida, the property is zoned for single-family residential (SINGLE FAMILY R). The home is at 3780 Lace Vine Lane, Boynton Beach, FL 33436.
Located in a quiet, desirable 55+ community in Boynton Beach, Florida, the property is zoned for single-family residential (SINGLE FAMILY R). The home is at 3780 Lace Vine Lane, Boynton Beach, FL 33436.
Key Highlights
- Corner villa in a quiet 55+ community with 2 bedrooms and 2 bathrooms
- Open layout with cathedral and vaulted ceilings plus walk‑in closets
- Kitchen skylight and family room and dining room spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,178
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$363,560
$363.6K
Cap Rate 7%
$259,686
$259.7K
Cap Rate 9%
$201,978
$202.0K
Market Conditions
NOI Build-Up for 1,182 SF
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.
Gross rent
$34.6K $29.28/SF
− Vacancy
−$1.6K −$1.32/SF
EGI
$33.1K $27.96/SF
− OpEx
−$14.9K −$12.58/SF
NOI
$18.2K $15.38/SF
Area
Palm Beach County, FL
Vacancy
4.50%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$363,560
Cap Rate 7%
$259,686
Cap Rate 9%
$201,978
Alternative Uses
Best Use
Apartment 5plus
$259.7K
$227.2K – $303.0K
NOI $18,178 @ 7.0% cap · market cap 8.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$832.4K
$728.4K – $971.2K
NOI $58,270 @ 7.0% cap · market cap 27.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,085
Businesses Nearby
Explore this area
Business Placement
Demographics for 33436, FL
45,230
Population
23,744
Households
1.9
Avg Household Size
48
Median Age
35%
College-Educated
91%
High-School Grad
11.8 sq mi
ZIP Area
3,833
Density / Sq Mi
$76,011
Median Household Income
$37,308
Median Earnings
$1,883
Median Rent
$327,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Well-maintained 2-bedroom, 2-bath corner villa in a 55+ community with a den, skylight, and private patio plus garden.
Where is this single family property located?
The property is located at 3780 Lace Vine Lane Boynton Beach, FL.
What is the asking price?
The asking price for this property is $214,000.
What are key features of this property?
This property features: Corner villa in a quiet 55+ community with 2 bedrooms and 2 bathrooms; Open layout with cathedral and vaulted ceilings plus walk‑in closets; Kitchen skylight and family room and dining room spaces
