Additional Details

• Important Details: --> Vacant at close --> HOA is 490/month (covers exterior maintenance/roof & exterior paint/building insurance/adt & basic cable/lawn care/common areas & amenities) --> Corner Unit
• Features: Easy and quick flip opportunity on this corner-unit 3/2.5 townhome offering 1,716 SQFT in Boynton Beach located in the sought-after gated community of Cedar Ridge. Offered vacant at close, this property presents instant equity with no active listings currently in the community, creating strong upside for resale. Built in 2001 with the roof replaced approximately 5 years ago, the home features a lake view, screened-in lanai, and attached one-car garage, adding strong lifestyle appeal and functionality for future buyers. The HOA of $490/month covers exterior maintenance, roof, exterior paint, building insurance, ADT, basic cable, lawn care, common areas, and amenities—helping limit major expenses. Conveniently located close to I-95, this corner unit offers a strong opportunity for a quick flip with plenty of resale potential.
• Potential ARV: $410,000-$420,000
• Rehab Description: To maximize resale value, it is recommended to replace all the carpets, install a new kitchen, update the bathroom vanities and fixtures, and apply fresh interior paint. Pressure wash the screened-in lanai floor and finish with a thorough deep clean to get the property market-ready. With the exterior and roof covered by the HOA, the renovation can stay focused on interior improvements for a quick and efficient flip.
• Comparable Rent: $2900-$3000/MO
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS
• Comp 1: 2520 NW 4th Street BOYNTON BEACH, FL 33426 3/2.5 1678 SQFT 2005 Build PENDING @ $385,000 (Diff community/no garage)
• Comp 2: 202 Elm Way BOYNTON BEACH, FL 33426 3/2.5 1632 SQFT 2002 Build SOLD @ $409,500 11/18/25 (Smaller/clean with some updates)
• Comp 3: 234 Birch Street BOYNTON BEACH, FL 33426 3/2.5 1716 SQFT 2002 Build SOLD @ $405,000 6/5/25 (Same size but not a corner unit/clean updated)
• Comp 4: 315 Spruce Street BOYNTON BEACH, FL 33426 3.25 1716 SQFT 2001 Build SOLD @ $375,000 12/19/25 (Same size unit/similar condition as ours sits now)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money