500 SW 2nd Avenue 2150, Boca Raton, FL 33432

1 bed · 1 bath · 512 sqft · Built 1971

Prime Downtown Boca Raton Investment Opportunity – Strong Rental IncomeExcellent opportunity to own a well-located 1-bedroom, 1-bathroom apartment in the heart of Downtown Boca Raton, currently generating $1,570/month in rental income (until November 2026). Ideal for investors seeking stable cash flow in a high-demand area.This unit features a spacious living area, updated bathroom, and ample storage throughout. The kitchen and appliances are in great condition, offering a clean, move-in-ready space for tenants.Located just steps from everything Boca has to offer:Walking distance to Mizner ParkMinutes from IPIC Theaters Boca Raton, top restaurants, shops, and the post officeNear the future **Brightline Boca Raton station, adding long-term value and convenienceThe building offers common laundry facilities on each floor, with this unit located just steps away for added convenience. Includes one assigned parking space plus ample guest parking.A rare chance to own in one of Boca Raton’s most desirable and walkable locations with immediate income and future upside.

Property type

Condominium

Condition

Resale

Year built

1971

Stories

2

Subdivision

BOCA TOWNE CENTRE CONDO

Waterfront

No

Private pool

No

HOA (monthly)

$578

Parcel number

06434730270022150

Annual tax

$1,799

County just value

$90,000

Boca Raton spans Atlantic oceanfront, Intracoastal Waterway frontage, and elite golf-and-club communities. Single-family inventory tightens fastest in East Boca and the Intracoastal corridor; West Boca offers value at the same school zone.