Cherry Hills – Boynton offers an attractive multifamily investment opportunity in Boynton Beach, FL, priced at $850,000 with a 5.77% cap rate.
The offering consists of two newly constructed multifamily homes (built in 2024), each measuring 1,260 SF for a combined total of 2,520 SF on a 0.13-acre lot. Together they provide up to 12 units available across the broader Cherry Hills project, though this listing is based on two units. Both properties feature CBS construction, quartz countertops, impact windows, and no HOA restrictions, making them durable, low-maintenance, and highly flexible for rental or resale strategies.
Each unit is designed with 3 bedrooms and 2.5 bathrooms, with the master bedroom located downstairs and featuring a private entrance — ideal for multi-generational living, guests, or short-term rental strategies like Airbnb.
Located in an Opportunity Zone, the properties benefit from proximity to downtown Boynton Beach, beaches, shopping, dining, and cultural amenities. The area’s strong rental demand, favorable insurance rates, and access to major highways further enhance the investment potential.
✅ In short: Cherry Hills – Boynton is a new-construction multifamily investment in an Opportunity Zone, offering modern finishes, no HOA restrictions, and strong potential for both traditional rentals and short-term strategies in a growing Boynton Beach market.