For SaleRisky Deal8 days on market
6850 NW 2ND Avenue #16
6850 NW 2ND Avenue #16, Boca Raton, FL 33487, Boca Raton, FL 33487
$399,500
Listing Price
6850 NW 2ND Avenue #16, Boca Raton, FL 33487
Loc: Boca Raton, FL
Days Listed
8
Tax Assessed
$334k
Type
townhouse
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.
10
Calusa Elementary School
PK-5
2.9 mi away
8
Boca Raton Community Middle School
6-8
4 mi away
6
Boca Raton Community High School
9-12
3.7 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
stuccocontemporarytownhousetile roofattached garageresidentialasymmetrical architecturesunset lightingmature landscapingprivacy fencepaved drivewayoutdoor lightingsuburban
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.97%
Total ROI
88.7%
Cash Flow
$-85/mo
DSCR
0.96
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-85/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • 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 | $399,500 | $222 |
| 2023-08-16 | Listing removed | $0 | – |
| 2023-07-16 | Price change | $450,000 | $250 |
| 2023-06-25 | Listed for rent | $3,300 | $2 |
| 2023-06-03 | Listed for sale | $475,900 | $264 |
| 2023-05-16 | Listing removed | $0 | – |
| 2023-05-15 | Listed for sale | $475,000 | $264 |
| 2023-04-05 | Contingent | $475,000 | $264 |
| 2023-03-17 | Price change | $475,000 | $264 |
| 2023-02-23 | Price change | $499,000 | $277 |
| 2023-01-27 | Listed for sale | $525,000 | $292 |
| 2021-02-09 | Listing removed | $0 | – |
| 2019-09-08 | Listing removed | $2,150 | $1 |
| 2019-05-15 | Listed for rent | $2,150 | $1 |
| 1985-09-01 | Sold | $112,500 | $63 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,659 | $307,046 |
| 2024 | $5,463 | $279,133 |
| 2023 | $5,181 | $253,757 |
| 2022 | $4,830 | $230,688 |
| 2021 | $4,240 | $209,716 |
| 2020 | $3,682.8 | $190,651 |
| 2019 | $3,676.51 | $187,651 |
| 2018 | $3,676.51 | $191,518 |
| 2017 | $3,633.47 | $187,518 |
| 2016 | $3,607.04 | $177,518 |
| 2015 | $3,490.18 | $168,518 |
| 2014 | $3,193.99 | $154,570 |
| 2013 | $2,923.61 | $140,518 |
| 2012 | $3,065.93 | $145,518 |
| 2011 | $3,294.74 | $155,518 |
| 2010 | $3,480.85 | $165,518 |
| 2009 | $3,492.51 | $174,556 |
| 2008 | $4,211.57 | $232,568 |
| 2007 | $4,689.16 | $261,036 |
| 2006 | $5,094.76 | $261,036 |
| 2005 | $0 | $221,036 |
| 2004 | $1,844.84 | $165,888 |
| 2003 | $53 | $136,175 |
| 2002 | $2,658.58 | $126,175 |
| 2001 | $2,390.52 | $111,175 |
| 2000 | $2,173.85 | $101,175 |
| 1999 | $2,020.35 | $100,000 |
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