- MLS® #: A11971926
- N/a
- Boca Raton, FL 33432-5838
- $3,500,000
- Business
Gateway Manor is an 8-unit multifamily asset in East Boca Raton, one of the most desirable and supply-constrained coastal submarkets. Family owned and maintained for 40+ years, the property offers clear value-add potential supported by strong demographics and limited new supply. Built in 1975 with concrete block construction, the asset sits on 0.35 acres and features a functional mix averaging 948 SF: 2 one-bed/2-bath, 4 one-bed + den/2-bath, and 2 two-bed/2-bath units. The ground floor includes two garages, an office, storage, and laundry facilities, providing flexibility for added income or future amenities. Gateway Manor is 100% occupied with average rents of $2,063, approximately 15–30% below market. A full interior renovation—modern kitchens/baths, in-unit W/Ds, new flooring, impact windows, and ceiling updates—supports post-renovation rents of ~$2,750, an estimated $700 premium per unit. The property is minutes from Mizner Park, Downtown Boca, Royal Palm Place, and premier beaches. The one-mile radius features $115,000+ average household income and $600,000+ median home values, supporting strong rental demand and low vacancy. With an irreplaceable East Boca location, below-market rents, large unit sizes suited for repositioning, and long-term ownership stability, Gateway Manor offers a compelling opportunity for near-term rent growth and long-term appreciation.
View Virtual TourEssential Information
- MLS® #A11971926
- Price$3,500,000
- CAD Dollar$4,784,007
- UK Pound£2,598,561
- Euro€2,965,078
- Bathrooms0.00
- Year Built1975
- TypeBusiness
- Sub-TypeMulti Family
- StatusActive
Community Information
- AddressN/a
- Area4270
- CityBoca Raton
- CountyPalm Beach
- StateFL
- Zip Code33432-5838
Amenities
- Parking Spaces14
Interior
- # of Stories3
- Office: Cbre, Inc.
N/a on www.jupiteroceanfrontcondos.us
Offered at the current list price of $3,500,000, this home for sale at N/a features bedrooms and 0 bathrooms. This real estate listing is located in of Boca Raton, FL 33432-5838 . N/a is listed under the MLS ID of A11971926 and has been on the Boca Raton real estate market for 1 days.The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of February 27th, 2026 at 7:47am CST (date/time).
All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 MLS of RAMB.
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