1008 SW 5th Ave, Boynton Beach, FL 33426
SOLD! $142,990
Additional Details
- Important Details: --> Vacant at close --> HOA is $200/MO 55+ (includes HOA covers lawn care, irrigation, roof pressure cleaning, and exterior painting. Rentals allowed)
- Features: Easy Fix-and-Flip Under 143K in Boynton Beach — This 2/1 home offers 1,012 SQFT and will be delivered vacant at close. With rentals allowed and market rents averaging $2,000–$2,200 per month, this property offers flexibility for both a flip and a long-term hold. The community features a low HOA of just $200/month, helping keep carrying costs affordable. With a strong entry price and solid rental demand, this is a straightforward value-add opportunity in a desirable Boynton Beach location.
- Potential ARV: $260,000-$270,000
- Rehab Description: For a rental, simply paint the interior, complete a thorough deep clean, and address any punch-list items. With minimal work, the property will be rent-ready and positioned to generate strong cash flow. Option 1 – Quick Flip: Replace the roof. The AC is approximately 8 years old and in good working order. Update the flooring, reface the kitchen cabinets, replace the fixtures, address any minor repair items, apply fresh interior paint, and complete a thorough deep clean. The exterior is maintained by the HOA, allowing you to undercut the market with minimal renovation costs. Option 2 – Full Modernization: Replace the roof and fully modernize the interior by installing a new kitchen, updated flooring, renovated bathrooms, new fixtures and finishes, fresh interior paint, and a thorough deep clean. It is also recommended to install a mini-split AC unit in the enclosed rear living area, which is already open and connected to the main home, and use it as a flex space or home office to increase functionality and buyer appeal.
- Ideal Investment Strategy: Resale/Rental
- Comparable Rent: $2100-$2200/MO
- Construction: CBS
- Comp 1: 2390 SW 13th Ave BOYNTON BEACH, FL 33426 2/1 1011 SQFT 1973 BUILD SOLD @ $275,000 3/12/26 (Updated)
- Comp 2: 816 SW 18th Court BOYNTON BEACH, FL 33426 2/1 1011 SQFT 1973 Build SOLD @ $270,000 2/7/26 (Updated)
- Comp 3: 901 SW 6th Ave BOYNTON BEACH, FL 33426 2/1 1008 SQFT 1970 Build SOLD @ $272,500 6/15/26 (Updated)
- Comp 4: 527 SW 16th St BOYNTON BEACH, FL 33426 2/1 1044 SQFT 1970 Build SOLD @ $275,000 4/3/26 (Updated)
- Comp 5: 1806 SW 18th St BOYNTON BEACH, FL 33426 2/1 1080 SQFT 1977 Build SOLD @ $247,500 5/5/26 (Clean but dated)
- Comp 6: 119 SW 9th St BOYNTON BEACH, FL 33426 2/1 1080 SQFT 1970 Build SOLD @ $247,000 7/30/26 (Clean but dated)














































