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8-Bedroom Duplex with Private Patios
For Sale
$1,600,000

683 Dover Street, Boca Raton, FL 33487

Residential Income, Boca Raton, FL

Property Size3,828 SF
Lot Size0.24 Acres
Price / SF$417.97
Days on Market213

Property Features for 683 Dover Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning R3 (city)
Bedrooms 8
Full bathrooms 4
Half bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bathroom 5, Bathroom 6, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 4, Bedroom 8, Bedroom 7, Bathroom 3, Bedroom 6
Window features Skylight(s), Blinds
Patio and Porch features Patio
Pets allowed No, Yes
Exterior features Balcony
Subdivision DELRAY MNR
Elementary school J. C. Mitchell
Middle school Boca Raton Community
High school Boca Raton
Standard status Active
APN 06434705020140181
Size 3,828 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description DELRAY MANORS LT 18 (LESS W 24 FT) & LT 20 (LESS E 1 FT) BLK 14
Tax Annual Amount 14850
Legal Description DELRAY MANORS LT 18 (LESS W 24 FT) & LT 20 (LESS E 1 FT) BLK 14

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 1981
Floors in Building 2
Number of units 4
Flooring type Carpet, Tile - Ceramic
Building materials CBS, Stucco
Roof type Composition, Shingle
Buildings 1
Listing Agency: LPT Realty, LLC
Listed By: Monika Kowalski · License #3333548
Added: Mar 28 Changed: Oct 25 Last Checked: Oct 26 at 3:06AM
MLS# B26008211

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.

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Investment Insights

Based on property information with market context.

This duplex contains 3,828 square feet on a 0.24-acre lot, with each residence arranged as a four-bedroom, three-bath home. The interiors include open living areas, modern kitchens, ceramic tile and carpet flooring, central air, ceiling fans, and separate entrances. Private patios provide dedicated outdoor space for each unit, while a new composition shingle roof adds a recent exterior improvement. The property is identified as under construction and uses CBS and stucco construction.

Located in Boca Raton, the property is near beaches, Mizner Park, Florida Atlantic University, and schools described in the source information as top-rated. Public water and public sewer serve the property, with cable available. R3 city zoning supports its residential configuration.

Key Highlights

  • 3,828‑square‑foot duplex on a 0.24‑acre lot
  • Two 4‑bedroom, 3‑bath residences with separate entrances
  • Private patios and modern kitchens in both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,812
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,276,240 $1.3M
Cap Rate 7%
$911,600 $911.6K
Cap Rate 9%
$709,022 $709.0K
Market Conditions
NOI Build-Up for 3,828 SF
Gross rent
$96.5K $25.20/SF
− Vacancy
−$5.3K −$1.39/SF
EGI
$91.2K $23.81/SF
− OpEx
−$27.3K −$7.14/SF
NOI
$63.8K $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%
$1,276,240
Cap Rate 7%
$911,600
Cap Rate 9%
$709,022

Alternative Uses

Best Use
Multifamily LT 5
$911.6K
$797.7K – $1.06M (±1% cap)
NOI $63,812 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$841.0K
$735.9K – $981.2K (±1% cap)
NOI $58,872 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$2.70M
$2.36M – $3.15M (±1% cap)
NOI $188,712 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

968
Businesses Nearby

Demographics for 33487, FL

20,644
Population
13,644
Households
1.5
Avg Household Size
53
Median Age
60%
College-Educated
97%
High-School Grad
6.7 sq mi
ZIP Area
3,081
Density / Sq Mi
$93,816
Median Household Income
$48,927
Median Earnings
$2,382
Median Rent
$573,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences feature open interiors, separate entries, modern kitchens, and outdoor patio areas.
Where is this duplex located?
The property is located at 683 Dover Street Boca Raton, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 3,828‑square‑foot duplex on a 0.24‑acre lot; Two 4‑bedroom, 3‑bath residences with separate entrances; Private patios and modern kitchens in both units
More about this property
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