For SaleRisky Deal8 days on market
1030 NE 2nd Terrace
1030 NE 2nd Terrace, Boca Raton, FL 33432, Boca Raton, FL 33432
$5,995,000
Listing Price
1030 NE 2nd Terrace, Boca Raton, FL 33432
Loc: Boca Raton, FL
Days Listed
8
Tax Assessed
$3689k
Lot Size
8,429 sqft
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Boca Raton Elementary School
PK-5
0.9 mi away
8
Boca Raton Community Middle School
6-8
2 mi away
6
Boca Raton Community High School
9-12
2.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
modern architectural stylestucco exteriorwood paneling accentsattached garagelarge drivewaylandscaped gardenpalm treeluxury homeminimalist aestheticcontemporary designcurb appealresidential property
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.18%
Total ROI
93.3%
Cash Flow
$-215/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-215/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Boca Raton
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-16 | Listed for sale | $5,995,000 | $1,153 |
| 2024-05-24 | Sold | $4,986,007 | $959 |
| 2020-12-15 | Listing removed | $2,600 | $1 |
| 2020-12-08 | Sold | $675,000 | $130 |
| 2020-12-01 | Listed for rent | $2,600 | $1 |
| 2017-04-15 | Listing removed | $2,700 | $1 |
| 2017-01-30 | Listed for rent | $2,700 | $1 |
| 2016-01-12 | Sold | $430,000 | $83 |
| 2015-10-31 | Pending sale | $495,000 | $95 |
| 2015-09-19 | Listed for sale | $495,000 | $95 |
| 2015-05-18 | Listing removed | $439,500 | $85 |
| 2015-03-28 | Price change | $439,500 | $85 |
| 2015-02-04 | Listed for sale | $445,000 | $86 |
| 2013-12-30 | Sold | $340,000 | $65 |
| 2013-10-21 | Listed for sale | $339,000 | $65 |
| 2013-01-22 | Listing removed | $2,000 | – |
| 2012-12-22 | Listed for rent | $2,000 | – |
| 2012-05-31 | Listing removed | $2,000 | – |
| 2012-05-01 | Listed for rent | $2,000 | – |
| 2012-02-29 | Sold | $150,000 | $29 |
| 2010-12-05 | Listed for sale | $205,000 | $39 |
| 2005-07-28 | Sold | $462,000 | $89 |
| 2005-05-12 | Sold | $395,000 | $76 |
| 1994-03-29 | Sold | $99,000 | $19 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $62,943 | $3,721,897 |
| 2024 | $13,290 | $678,248 |
| 2023 | $12,464 | $616,589 |
| 2022 | $11,883 | $603,654 |
| 2021 | $10,232 | $548,776 |
| 2020 | $8,077.46 | $429,694 |
| 2019 | $8,503 | $447,092 |
| 2018 | $8,503 | $460,543 |
| 2017 | $8,487.13 | $361,420 |
| 2016 | $6,086.31 | $353,986 |
| 2015 | $6,082.51 | $317,676 |
| 2014 | $5,578.03 | $272,754 |
| 2013 | $4,579.09 | $221,665 |
| 2012 | $2,931.29 | $175,114 |
| 2011 | $2,902.56 | $171,992 |
| 2010 | $3,939.25 | $224,600 |
| 2009 | $4,123.57 | $243,356 |
| 2008 | $5,019.65 | $314,251 |
| 2007 | $6,379.62 | $378,650 |
| 2006 | $7,027.64 | $383,850 |
| 2005 | $0 | $107,546 |
| 2004 | $883.15 | $104,414 |
| 2003 | $104 | $102,467 |
| 2002 | $1,654.11 | $100,065 |
| 2001 | $1,648.83 | $98,489 |
| 2000 | $1,583.94 | $95,620 |
| 1999 | $1,376 | $114,276 |
Similar Properties Nearby
Explore other investment opportunities in Boca Raton.