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Live BeachesMLS listing · MLS# 20260529132519123919000000

1011, 290 , 16 , 146 Exeter, Dorset , Mansfield , Mansfield, Boca Raton, FL 33434

Boca Raton, FL, 33434

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$449,400

1011, 290 , 16 , 146 Exeter, Dorset , Mansfield , Mansfield, Boca Raton, FL 33434

BeachesMLS

0 ba · 3,131 sqft · Built 1980

Investor opportunity! Package sale featuring 4 condominium units in desirable Century Village. Properties include: 1011 Exeter A (2BR/1.5BA), 290 Dorset G (2BR/1.5BA), 16 Mansfield A (1BR/1.5BA), and 146 Mansfield D (1BR/1.5BA). Excellent opportunity to own multiple units in a well-maintained 55+ community with strong rental potential. Century Village offers resort-style amenities including clubhouse, pools, fitness center, transportation, tennis, theater, and more. Conveniently located near shopping, dining, and major highways. Great portfolio addition with income-producing potential. Rare multi-unit investment opportunity! Current monthly rental income of $6,175 with upside potential to approximately $6,800 per month. Estimated monthly carrying costs are approximately $3,000. Currently operating at an estimated 8.5% cap rate with potential to reach approximately a 10% cap rate.

Courtesy of Serhant · Devin Mckinney

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Property characteristics

Type
Quadruplex
Year built
1980
Living area
3,131 sqft
Waterfront
Yes
Days on market
2
Subdivision
EXETER AT CENTURY VILLAGE CONDO