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Sold

702 SW 27th Terrace

702 SW 27th Terrace, Boynton Beach, FL 33435

$1,088,500
Attention investors! This fully furnished, high-performing luxury short-term rental in Chapel Hill is a rare opportunity to own a top-producing income property in Boynton Beach. Boynton Beach offers legal and regulated STR's, yet this property is located near the border of Delray Beach for maximum returns. Purposefully designed and completely remodeled to maximize short-term rental revenue, this is not your typical single-family home--it's an established cash-flow machine, generating $141,000+ in its first full year of operations. Based on AriDNA data, this property performs in the top 3-4% of short-term rentals in the area, making it an exceptional addition to any investor's portfolio. Featuring 3 spacious bedrooms, 2 designer-finished bathrooms, and a stylish open-concept living space, the home includes an added game room and a true resort-style backyard that keeps guests coming back again and again. The heated pool, travertine deck, covered outdoor dining area, private table tennis area and professionally designed and built putting green create the ultimate vacation experience.

Located on a private corner lot just a golf cart ride from downtown Delray Beach, this property is in a prime location for attracting high-dollar bookings. Investors will appreciate the newer roof (2022), impact glass throughout, newer AC, and brand-new tankless water heaterall minimizing maintenance costs and maximizing profitability.

If you're looking for a turnkey investment property with proven income potential, this is the one.

3
beds

2
baths

1,695 Sq.Ft. LIVING AREA

9,147.6 Sq.Ft. lot

Curtis Bennett

Curtis Bennett

 Lindsey Bennett

Lindsey Bennett

Features & Amenities

Interior

  • total bedrooms3
  • Total bathrooms2
  • full bathrooms2
  • Laundry room Inside
  • Flooring Laminate
  • APPLIANCES Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • other interior Features Dual Sinks, Main Level Primary, Walk-In Closet(s)

Area & Lot

  • Status Sold
  • Living Area1,695 Sq.Ft.
  • Total Area2,364 Sq.Ft.
  • Lot Area9,147.6 Sq.Ft.
  • MLS® IDR11066855
  • TypeResidential
  • YEAR BUILT1958
  • Water FrontageNone

Exterior

  • STORIES1
  • water SourcePublic
  • utilitiesCable Available, Sewer Available, Water Available
  • lot features1/4 Acre
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • HOA AmenitiesNone

Financial

  • Sales Price$1,088,500
  • Real Estate Tax $14,317/yr
  • Zoning R-1-AA
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Curtis and Lindsey use their digital real estate expertise to get top value and close deals faster, helping their clients compete in this rapidly-changing market. They invite you to find out why they were named one of Coldwell Banker's Top 30 Under 30 agents and are part of the International President's Circle for top sales.

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