, BOYNTON BEACH, FL, 33435
Active364 days on marketListed Jul 21, 2025MLS #A11844010
About this home
“Coastal Infill Development Site | Multifamily / Live Local / Mixed-Use”. The subject property offers a rare opportunity to develop a highly visible infill site along South Federal Highway, one block from the Intracoastal and surrounded by established multifamily and daily-needs retail. Zoned MU-1 (Mixed-Use Urban), the site allows for a broad range of by-right uses including residential, retail, medical, and office, providing multiple viable development paths depending on investor strategy. With ±22,668 SF of land area, up to 4 stories, and FAR of 2.5 (±56,670 buildable SF), the property supports a variety of scaled, efficient projects in a supply-constrained coastal corridor. CRA = LOWER BASIS + FASTER APPROVALS: • Public incentives can offset development costs and improve returns. • Reduced effective land basis through grants and reimbursements. • Municipality aligned with redevelopment and higher density. • Streamlined approvals within a pro-development framework. • Strong public investment driving rent growth and absorption. • Active pipeline of CRA-backed projects validating the submarket.
Facts & features
The home at a glance
0.52 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$10,042 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$10,042/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Boynton Beach
Get to know Boynton Beach. See the full Boynton Beach guide →
BOYNTON BEACH 33435 — neighborhood snapshot
Population
36,984
Median age
42.9
Median income
$66,612
Median home value
$306,900
Avg household
2.51
Households w/ children
2,805
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Boynton Beach market
$448K → $387K
Boynton Beach median sold, yr/yr
100.0%
Sale-to-list ratio (12 mo)
Median sold price, Boynton Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 979% above the BOYNTON BEACH 33435 median. See the full Boynton Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$1,200,000
641 Castilla Ln, Boynton Beach FL 33435 · same community
3 bd · 2 ba · 1,604 sqft · $748/sqft · 21 DOM
Sold · Mar ’26$206,000
260 S Boulevard # A, Boynton Beach FL 33435
2 bd · 2 ba · 73 DOM
Sold · Jun ’26$262,000
5001 N Ocean Boulevard # 22, Ocean Ridge FL 33435
1 bd · 1 ba · 456 sqft · $575/sqft · 17 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Chris Shouse
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for — before you fall in love.
See it in person
Schedule a tour
Live availability from Chris's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
FAQs
What would the monthly payment be for ?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $10,042/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on ?+
The most recent tax bill on record (2024) was $14,702. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Boynton Beach?+
At $1,500,000, this home is listed about 281% above the Boynton Beach median of $393,450. The market section on this page shows how the area is trending.
Which schools are assigned to ?+
Forest Park Elementary School (elementary), Congress Community Middle School (middle), Boynton Beach Community High (high), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$1,500,000 runs 979% above the BOYNTON BEACH 33435 median.
02Time on market is leverage
364 days on market against a Boynton Beach median of 18 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $2,250,000, now $1,500,000 — a $750K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX 360 Real Estate · Agustin Duarte. MLS #A11844010.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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