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Under Contract
6 Days on Market
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How this price compares

Asking price
$859,000
Price per sq ft
$380
Original price
Unchanged
Days on market
6

This multi-family property in Chatham Hills went under contract with an asking price of $859,000, or $380 per square foot. It spent 6 days on the market before going under contract.

0
Bedrooms
0
Bathrooms
2,259
Living Sq Ft
1964
Year Built

Estimated monthly payment

$4,514 /mo

Principal and interest only, based on $171,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$859,000
Days on Site
6 Days
Bedrooms
0
Total Baths
0
Living Area
2,259 sqft
Total Sq Ft
2,948 sqft
Lot Size
0.18 Acres
Year Built
1964
Property Type
Multi-Family
MLS #
B26089212
Property Tax
$9,986 (2026)
Subdivision
CHATHAM HILLS
County
Palm Beach
Status
Under Contract
Special Conditions
Standard

About This Property

Excellent investment opportunity in Boca Raton! Below market rent roll at $4,600/mth, with comparables down the street listed at $8,500/mth. This duplex features two separate residences, with both units currently rented on a month-to-month basis, offering flexibility for an investor or future owner-occupant. The property has been well maintained and recently enhanced with brand-new landscaping, adding to its curb appeal and overall presentation. Conveniently located near shopping, dining, beaches, major roadways, and everything Boca Raton has to offer. A strong opportunity to acquire an income-producing property in a highly desirable South Florida location. For property questions, showing requests, or additional information.

MLS media link

General Features

Property Type
Multi-Family
Status
Under Contract
Year Built
1964
Property Condition
Resale
Number of Stories
1
Levels
One
Lot Size (Acres)
0.18
Living Sq Ft
2,259
Total Sq Ft
2,948
Structure Type
Duplex
Sewer
Public Sewer
Water Source
Multiple Meters / Public
Zoning
R2 (city)

Interior Features

Cooling
Central Air / Ceiling Fans
Heating
Central / Separate Meters
Flooring
Carpet / Tile
Laundry
Washer Hookup / Inside / Laundry Room

Exterior Features

Construction
CBS Concrete Block Structure / Block
Roof
Composition / Shingle
Exterior Features
Awnings / None / Outdoor Living Area
Patio & Porch
Patio
Lot Features
Landscaped / Sprinklers Automatic / Sprinkler System / Less Than Quarter Acre

Community & HOA

Utilities
Electricity Available / Sewer Available / Water Connected
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional
Restrictions
No Restrictions / Okay To Lease1st Year / Ok To Lease
MLS Area
4250

Schools

Elementary School
J. C. Mitchell
Middle School
Boca Raton Community
High School
Boca Raton
Homes for Sale
1
Median List Price
$1,175,000
Median $/Sq Ft
$489
Avg Days on Market
6
View all 1 homes for sale in Chatham Hills →
How do I schedule a tour of 3140 NE 5TH Avenue, Boca Raton, FL 33431?
Use the Tour button on this listing to request a showing of 3140 NE 5TH Avenue, Boca Raton, FL 33431. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 3140 NE 5TH Avenue, Boca Raton, FL 33431 still available?
3140 NE 5TH Avenue, Boca Raton, FL 33431 is currently listed as Under Contract, and has been on the market 6 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 3140 NE 5TH Avenue, Boca Raton, FL 33431?
With 20% down ($171,800) on the $859,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3140 NE 5TH Avenue, Boca Raton, FL 33431 is about $4,514/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 3140 NE 5TH Avenue, Boca Raton, FL 33431?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3140 NE 5TH Avenue, Boca Raton, FL 33431. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 3140 NE 5TH Avenue, Boca Raton, FL 33431?
3140 NE 5TH Avenue, Boca Raton, FL 33431 is zoned for J. C. Mitchell (elementary), Boca Raton Community (middle), Boca Raton (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 3140 NE 5TH Avenue, Boca Raton, FL 33431?
Often, yes. The right offer on 3140 NE 5TH Avenue, Boca Raton, FL 33431 depends on how it's priced against comparable multi-family sales in Boca Raton, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of BidMax Brokerage

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 15, 2026.

$859,000

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Listed by Morgan Saccone, BidMax Brokerage

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