5 months on rocket

2508 N Federal Hwy, Boynton Beach, FL, 33435

$1,895,000

0.58 Acres
Land

Location

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Property Highlights

ViewCity
MLS #RX-10989532
Lot Size0.58 Acres
StatusActive

About 2508 N Federal Hwy

Great opportunity for Residential Development to capitalize right on the sought after Federal Hwy! Purposed Land Use/Zoning for High Density Residential/ IPUD has been approved with a site plan of 3 stories, 8 Townhouses, each total 3531 SqF.Drive by to view.

Property Details

Property Features

Listing Office:

  • Office Name: United Realty Group Inc
  • Office Phone: (561) 235-2127
  • Listing Agent: Mine Park

Exterior Features

Exterior Information:

  • View: City

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.58 Acres

Other

Directions Information:

  • Directions: Just north of Gateway Blvd on the corner of Federal Hwy and Potter Road,

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,895,000

Tax Information:

  • Annual Amount: $6,656
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Boynton Beach, FL.

Med. Sold Price

$415.1K

Med. Price/SqFt

$253

Avg. Days On Market

68

# of Sold Homes

218

2508 N Federal Hwy vs Boynton Beach

176 DAYS ON ROCKET

+108 Days

$1,895,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price in Boynton Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10989532

Listing Office:

  • Office Name: United Realty Group Inc
  • Office Phone: (561) 235-2127
  • Listing Agent: Mine Park

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 14, 2017Home Sold
$225,000
Sep 19, 1997Home Sold
$501,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,656$311,071
2019$6,402$296,304
2018$6,058$287,674
2017$6,989$327,309

History based on county public records data.

Payment Calculator

$9,525

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,748

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-341126
6
/10
  • Forest Park Elementary School

  • 1201 SW 3rd St

  • 1.03 miles

  • Public Magnet Grades PK-5

school-card-donut-341127
5
/10
  • Galaxy E3 Elementary School

  • 301 Galaxy Way

  • 1.81 miles

  • Public Magnet Grades EE-5

school-card-donut-341128
6
/10
  • Crosspointe Elementary School

  • 3015 S Congress Ave

  • 1.99 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,668. The most common annual income of people living in Boynton Beach, FL is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Boynton Beach, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Boynton Beach, FL?

Boynton Beach offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles in the area range from Mediterranean-inspired villas to contemporary townhomes and waterfront condos. The housing market is dynamic, with a mix of older homes and new developments that cater to a variety of preferences and budgets. The homeownership rate in Boynton Beach is robust, reflecting a community invested in residential stability and growth.

Is Boynton Beach, FL a good place to live?

Boynton Beach is celebrated for its laid-back coastal lifestyle and community-oriented atmosphere. The area prides itself on its beautiful beaches, recreational parks, and a variety of outdoor activities that are available year-round. Annual events such as the Holiday Boat Parade and the Pirate Fest and Mermaid Splash exemplify the city's love for community gatherings and its coastal heritage.

Are things conveniently located in Boynton Beach, FL?

The community is served by a number of public schools, private institutions, and higher education facilities, providing residents with ample educational opportunities. Healthcare services are comprehensive, with several hospitals and clinics offering a range of specialties, including urgent care and primary care. Boynton Beach's public library system is active, hosting numerous programs for all ages. Retail and dining options are plentiful, with venues ranging from casual eateries to upscale restaurants, reflecting the local culinary scene.

What does the transportation in Boynton Beach, FL look like?

Boynton Beach's transportation infrastructure includes a network of major roads and easy access to I-95, facilitating travel and commuting. Public transportation options are available, with bus services connecting various parts of the city. The area is also served by Tri-Rail, providing a convenient rail link to other parts of the region. While certain neighborhoods are more walkable than others, the city is increasingly focusing on improving pedestrian and bicycle infrastructure to enhance mobility for all residents. Ride-sharing services are readily available, offering an alternative mode of transportation for those seeking convenience.

Frequently Asked Questions About 2508 N Federal Hwy

What is the listing price of this property?

The listing price of 2508 N Federal Hwy property is $1,895,000.

What type of property is this?

The property 2508 N Federal Hwy is land located in Boynton Beach, Florida, 33435.

Is this property for sale now?

Active Listing: 2508 N Federal Hwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,656 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 14, 2017 for $225,000. (source: MLS/tax record).

How much acreage is this property?

The property 2508 N Federal Hwy is 0.58 acres.
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Rocket HomesFloridaPalm Beach CountyBoynton Beach334352508 N Federal Hwy

This home is located at 2508 N Federal Hwy in Boynton Beach, FL and zip code 33435. This home sits on a 0.58 acre lot. It has been listed on Rocket Homes since May 22, 2024 and is currently priced at $1,895,000.

While more than 15 listings in Boynton Beach, FL in October 2024 were sold above asking price, there were more than 19 listings sold at asking price, and more than 184 were sold below. The inventory of homes for sale in Boynton Beach, FL between September 2024 and October 2024 increased by 12.2%. The median list price of listings available in October 2024 was $415,136, while the average time on the real estate market was 68 days.

From Rocket Homes Real Estate and based on county public records data.

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