320 NE 13th Ave 10 Unit Apartment Building $1,790,000 ($179,000/Unit) 7.35% Cap Rate Boynton Beach, FL 33435

ONE Commercial Real Estate is pleased to present a rare opportunity to acquire a renovated, 10-unit garden-style multifamily property ideally located in the heart of Boynton Beach, Florida.This well-positioned asset offers a desirable unit mix of eight one-bedroom and two, two-bedroom apartments. The property has been renovated and stabilized over the past year of ownership.
The blend of upgraded interiors and value-add potential allows investors to capitalize on immediate income with room for continued rent growth. Located just off North Federal Highway, the property offers ease of connectivity. Its proximity to Ocean Avenue provides residents with quick access to Boynton Harbor Marina, Ocean Front Park, the newly renovated Canyon Branch Library, and a variety of dining and retail destinations. Situated within both a designated Opportunity Zone and the Boynton Beach CRA District, the area is experiencing a wave of public and private investment driving revitalization and long-term value growth. Positioned between Delray Beach and West Palm Beach, this asset is ideally located in one of South Florida’s most dynamic coastal submarkets—offering a compelling combination of current yield and future appreciation.