Off MarketRisky Deal7 days on market
816 SW 2nd Street
816 SW 2nd Street, Boca Raton, FL 33486, Boca Raton, FL 33486
$1,187,000
Estimate®:$1,031,600
Listing Price
816 SW 2nd Street, Boca Raton, FL 33486
Loc: Boca Raton, FL
Days Listed
7
Tax Assessed
$575k
Estimate®
$1032k
Market Rate
Lot Size
9,766 sqft
Rent Estimate
$6,214/mo
Est. Cash Flow base
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.
10
Addison Mizner Elementary School
K-8
0.6 mi away
6
Boca Raton Community High School
9-12
1.6 mi away
8
Boca Raton Community Middle School
6-8
1.1 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
ranchstucco exteriormodernpalm treeslandscapedpaver drivewayspaciouscurb appealattached garageminimalisttropicalwell-manicuredsingle-story
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.70%
Total ROI
39.2%
Cash Flow
$-2,504/mo
DSCR
0.59
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,504/mo net cash flow with a 3.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Boca Raton, FL
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2024-04-01 | Listing removed | $0 | – |
| 2021-03-31 | Sold | $470,000 | $257 |
| 2021-01-20 | Contingent | $499,000 | $272 |
| 2020-10-30 | Price change | $499,000 | $272 |
| 2020-10-15 | Listed for sale | $529,000 | $289 |
| 2012-02-06 | Listing removed | $816 | – |
| 2012-01-08 | Listed for rent | $816 | – |
| 2011-09-25 | Listing removed | $816 | – |
| 2011-07-06 | Listed for rent | $816 | – |
| 2011-03-18 | Listing removed | $816 | – |
| 2011-01-20 | Listed for rent | $816 | – |
| 2005-01-04 | Sold | $390,000 | $213 |
| 2004-03-16 | Sold | $296,000 | $162 |
| 2003-12-16 | Sold | $253,000 | $138 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $9,224 | $559,667 |
| 2024 | $8,099 | $493,457 |
| 2023 | $7,916 | $479,084 |
| 2022 | $7,841 | $465,130 |
| 2021 | $7,032 | $368,817 |
| 2020 | $6,781.02 | $355,160 |
| 2019 | $6,612.69 | $341,107 |
| 2018 | $6,612.69 | $340,166 |
| 2017 | $6,399.28 | $323,609 |
| 2016 | $6,185.04 | $302,061 |
| 2015 | $5,949.24 | $274,601 |
| 2014 | $5,177.03 | $249,637 |
| 2013 | $4,739.39 | $226,943 |
| 2012 | $4,382.95 | $206,312 |
| 2011 | $4,240.96 | $197,107 |
| 2010 | $4,178.2 | $194,738 |
| 2009 | $4,445.64 | $218,441 |
| 2008 | $5,143.88 | $279,445 |
| 2007 | $6,363.3 | $350,849 |
| 2006 | $6,955.29 | $353,348 |
| 2005 | $0 | $262,506 |
| 2004 | $2,555.17 | $229,762 |
| 2003 | $137.05 | $126,038 |
| 2002 | $2,162.54 | $123,084 |
| 2001 | $2,157.85 | $121,146 |
| 2000 | $2,075.66 | $117,617 |
| 1999 | $1,808.73 | $122,118 |
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