Home » Properties » 701 W Ocean Avenue, Boynton Beach FL 33426

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Spacious Mediterranean Estate in Boynton Beach

Historic 3-bedroom Mediterranean estate with guest houses, pool, and resort-style backyard in Boynton Beach, FL.

$1,395,000

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MLS #R11129380

Listing Updated: 2026-07-22 00:22:45

Listed By: William Raveis Real Estate

Overview

Built in 1925, this Mediterranean estate in Boynton Beach offers 3 bedrooms and 2 bathrooms within the main residence, complemented by two private guest houses adding additional bedrooms, bathrooms, and kitchens. The home features gleaming hardwood floors, abundant natural light, and spacious living areas that seamlessly connect to a resort-style backyard with a pool. This property suits large families seeking expansive living space or those interested in a unique multi-unit setup. Located at 701 W Ocean Avenue, it combines historic charm with modern usability in a desirable Florida coastal community.

Property Highlights

Historic Mediterranean architecture, 3 bedrooms plus guest houses, 2 bathrooms, resort-style pool, hardwood floors, natural light, large family or multi-unit potential.

Property Details

City: Boynton Beach

State: FL

Zip Code: 33426

Address: 701 W Ocean Avenue, Boynton Beach FL 33426

Year Built: 1925

Property Type: Residential

Property Sub Type: Single Family Residence

Listing Office Name: William Raveis Real Estate

County: Palm Beach County

Garage Spaces: 0

Parking Features: Guest

Interior Features: Family Room

Exterior Features:

Waterfront: No

Pool: Yes

HOA Fee: $0

Annual Tax: $13,324

Days On Market: 246 Days

Original Listing Description

Built in 1925, this fabulous Mediterranean estate home still carries itself like it did in the bygone era of the roaring 20's! The wonderful blend of charm, detail, grandeur and quality are evident everywhere you look. The main house has 4 bedrooms and seems like it goes on forever with glistening hardwood floors and tons of natural light. The main living areas all flow beautifully to the resort style backyard and pool with two separate and private guest houses adding three more bedrooms, 3 more baths and two more kitchens to the mix. This estate welcomes either a large family needing tons of space or it can continue as a very popular and successful Airbnb that can accommodate as many as 20 overnight guests and plays host to events like wedding receptions and family celebrations. The fall and winter bookings are already underway proving to be another great season.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

701 W Ocean Avenue, Boynton Beach FL 33426

About This Neighborhood

Situated in Boynton Beach, this property enjoys proximity to coastal amenities and a vibrant community atmosphere. The neighborhood blends historic charm with modern living, offering residents access to local shops, dining, and recreational activities. Boynton Beach is known for its welcoming environment and convenient location within Palm Beach County, providing easy access to beaches, parks, and cultural venues. The area supports a balanced lifestyle with a mix of residential comfort and engaging local attractions.

Walkability & Lifestyle

The property benefits from a neighborhood that supports walkability to local shops, dining, and recreational spots. Residents can enjoy nearby parks, waterfront areas, and community amenities within a short distance. The walkable environment enhances daily convenience and supports an active lifestyle in Boynton Beach.

Things To Do Nearby

Boynton Beach offers diverse activities including waterfront dining, boating, and cultural events. Residents can explore nearby beaches, golf courses, and parks. The community hosts seasonal events and provides access to marinas and outdoor recreation, making it an engaging place to live.

Nearby Schools

Boynton Beach offers access to a variety of educational institutions, providing convenient options for families residing in the area. The community supports a range of public and private schools, ensuring educational needs are met within reasonable proximity. This accessibility adds to the neighborhood’s appeal for buyers prioritizing schooling options for children.

Why Buyers Like This Area

Buyers appreciate this area for its blend of historic charm and modern conveniences. The property’s spacious layout and guest houses appeal to those needing flexible living arrangements. Proximity to beaches, amenities, and a vibrant community lifestyle makes Boynton Beach attractive for families and individuals alike.

Investment Potential

This Mediterranean estate offers a unique opportunity for buyers interested in a versatile property with multiple living spaces. The presence of two guest houses with separate kitchens and bathrooms enhances its appeal for extended families or those considering short-term rentals, subject to local regulations. Located in Boynton Beach, a community known for its coastal lifestyle and growing real estate market, the property benefits from steady demand. Its historic character combined with modern amenities can attract a diverse range of tenants or residents, making it a flexible option in Florida’s residential market.

Market Trends

The Boynton Beach real estate market continues to attract buyers seeking coastal properties with character and space. Historic homes like this Mediterranean estate are valued for their unique architecture and potential for customization. Inventory levels in the area support a competitive market, with demand driven by families and buyers looking for multi-functional homes. The property's size and additional guest houses add to its market appeal, aligning with trends favoring versatile living arrangements in South Florida.

Rental Income Potential

Given its multiple bedrooms and guest houses, this property has strong appeal for seasonal and longer-term rentals. The layout allows for accommodating larger groups, which can be attractive in Boynton Beach’s rental market, especially during peak seasons. Its location near the coast and local amenities enhances tenant interest. While rental income can vary, the property’s flexibility and size support a broad range of rental opportunities, appealing to families, vacationers, and event hosts.