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Lantana,FL 33462
Key Details
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Active
Purchase Type For Sale
Square Footage 4,294 sqft
Price per Sqft $476
Subdivision Greynolds Highlands Unit 1
MLS Listing ID RX-11045444
Year Built 1956
Annual Tax Amount $10,207
Tax Year 2024
Lot Size 0.460 Acres
Property Description
Two great adjacent properties on separate parcels. Both properties are a 4 Plex therefore the combined has 8 rental units with a Gross Profit of $161,580.00 per yr., stable cash flow! Currently all units have Tenants. Very close to the Lantana Beach on A1A. Lantana Beach is sandwiched between Manalapan and Palm Beach. Great location for restaurants and shopping as well. A once under-the radar town is a ''hidden gem''. Please drive by only and DO NOT disturb the Tenants.All measurements are approximate.
Location
State FL
County Palm Beach
Area 5640
Zoning R15(ci
Interior
Heating Central Individual,Electric,Window/Wall
Cooling Central Individual,Electric,Wall-Win A/C
Flooring Ceramic Tile,Terrazzo Floor,Tile
Fireplaces Type Smoke Detector
Exterior
Community Features Presently Leased,Title Insurance
Utilities Available Cable,Electric,Public Sewer,Public Water
Waterfront Description None
Roof Type Comp Shingle
Present Use Presently Leased,Title Insurance
Building
Story 100.00
Foundation Block,CBS,Concrete
Others
Security Features None
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional