517 Greynolds CIR new

Lantana,FL 33462

$ 2045000

- Bed

8 Baths

4294 SqFt


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

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