Boca Raton Florida Information and Real Estate Facts
This page is dedicated to providing specific information regarding the city of Boca Raton Florida and to offering an easy MLS search format for anyone looking for homes, condos, and other real estate in the Boca Raton Florida area. Boca Raton Florida is located in Palm Beach County and has a population of around 88,000. There are currently over 4,500 listings in Boca Raton alone. The average listing price for a home in Boca Raton is about $788K. Boca Raton is known for its affluent social community and high income demographic. Boca Raton has a large Jewish and South American population. Boca Raton's South American population includes a large demographic from Brazil, Colombia and Venezuela.
When most people buy Boca Raton Florida realestate, they look for a residential home. Boca Raton Florida has many different types of real estate listings. The majority are Boca Raton Florida homes for sale, but there are also Condos, Multi-Family Homes, Foreclosures and Land. Homes in Boca Raton Florida come in many different shapes and sizes. Some common Boca Raton Florida home styles include:Ramblers, Bungalow's, Twin Homes, Modern Two Story Houses, Tri Level Homes, Split Level, Multi Level, Craftsman Style, Cabins, Luxury Mansions, Contemporary, Cape Cod, Victorian, Cottages, Manufactured, Modular, and Trailer Homes. These properties are most easily located by searching Boca Raton Florida MLS listings.
Boca Raton Florida Condos for Sale
Condos offer an great opportunity for the Boca Raton Florida real estate buyer who doesn't have time for yardwork and home maintenance. Condo Homes are often closer to shopping and nearby attractions, and can give buyers a newer property at an affordable price. Condominiums are usually smaller than houses, but not necessarily. Many Boca Raton Florida cities have luxury condos with high end upgades and ammenities in prime locations. Many condominium communities are built for retirees. These retirement communities have restrictions that habitants are older than 55, and children must be atleast 18 years old. Condominiums and Townhouses are great for many Boca Raton Florida residents. Disadvantages of Condos include HOA fees and proximity to neighbors.Condo complexes in Boca Raton include Carlton Terrace, Boca Grand, 218 Dorset, Boca Glades, Boca Palms, Eden, Gateway Villas, Lake Windwood, Palmetto Place, Palmetto Pines, Pointe South Condo, The Coach Houses of Town Place, Town Place Condo Assoc., and Villa Sonrisa Two
Foreclosures in Boca Raton Florida
Forecosures are at record highs in Boca Raton Florida. Foreclosure is not synonomous with discount, many times Boca Raton Florida Foreclosure homes can be purchased at a discount. Purchasing foreclosures is a good method for aquiring instant equity and residual income. Not all foreclosures are beat up, many distressed properties are in good shape. Many bankowned properties are rehabbed before they are relisted. REO is short for RealEstate Owned, lender owned, or bank owned homes. Short sell houses for sale are those homes where the lender must short the mortgage due. The banks will allow short sales so the property doesn't go to the foreclosure auction. If you're looking for a rehab project, or just a want to purchase a house at a court house auction this pagecan help you Find Boca Raton Florida Foreclosures or learn more about buying foreclosures. Most Boca Raton Florida REO and Bank Owned homes are available on the MSL. Preforeclosures, and properties with short sale potential can be found on services like Foreclosure.com, RealtyTrac, and Bargain Homes Network.
Duplexes, Mother in Law Apartments, Triplexes, Fourplexes, and Multi-Family properties in Boca Raton Florida.
Not all homes in Boca Raton Florida are single family detached. If you're looking to purchase in real estate real estate there are many options to buy duplexes, triplexes, or fourplexes. High Density Properties utilize more units per acre, and as result are less expensive per unit There are a lot of duplexes, mother in law aptmts,triplexes, and fourplexes for sale in the metros of Boca Raton Florida. Properties with fewoer than four units are classified as residential. A property is considered residential if it has 4 or less units. Residential properties are substantially easier to get mortgage loans than commercial properties. If you live in a duplex, mother in law apartment, or fourplex, you can even purchase them with very small down payments. Properties with more than 4 units are generally considered to be commercial properties. These Boca Raton Florida properties can also make very good real estate investments and sources for long term residual revenue.