Description
Unique investment opportunity in the growing coastal community of Lantana. Located just minutes from the beach and major resorts, with convenient access to both West Palm Beach and Boca Raton, this duplex offers two 1-bedroom, 1-bathroom units and excellent flexibility for investors or owner-occupants. Walking distance to the new Lantana Village redevelopment site with future shops, dining, and entertainment. One unit is currently occupied by a long-term tenant, while the second offers the potential for short or long-term rental use, allowing the property to accommodate a variety of investment strategies. Property improvements include a newer roof, impact windows and doors, updated kitchen areas, newer A/C and water heater, and a new washer and dryer. The property also features ample parking with space for 4 vehicles and sits on an oversized lot, offering potential for future expansion or redevelopment, subject to applicable zoning and municipal approvals. Whether you're looking to add an income-producing property to your portfolio, explore a 1031 exchange, or occupy one unit as your primary residence while generating rental income from the other, this property offers a great combination of location, flexibility, and long-term potential.
Details
| MLS # | A12079900 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 8 |
| Listing Provided By | Compass Florida LLC | Anthony Martinez |
Features
| SQ Feet | 800 |
|---|---|
| Story(s) | 1 |
| Zoning | R15 (cit |
Exterior
| Lot Features | Less Than Quarter Acre |
|---|
Taxes
| Tax Annual Amount | 5296 |
|---|
Area Information
| State | FL |
|---|---|
| County | Palm Beach |
| City | Lantana |
| Zip Code | 33462 |
| Area | 5640 |
| Subarea | Palm Beach 5600; 5610; 5620; 5630; 5640 |
| Community Name | GREYNOLDS HIGHLANDS |
| Listing VS Median (in GREYNOLDS HIGHLANDS) | |
Price: $569,000 low | high Med: $469,975 sqft: 800 low | high Med: 795 $ / sqft: $711 low | high Med: $591 On site: 8 low | high Med: 804 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Palm Beach |
| City | Lantana |
| Zip Code | 33462 |
| Area | 5640 |
| Subarea | Palm Beach 5600; 5610; 5620; 5630; 5640 |
| Community Name | GREYNOLDS HIGHLANDS |
| Listing VS Median (in GREYNOLDS HIGHLANDS) | |
Price: $569,000 low | high Med: $469,975 sqft: 800 low | high Med: 795 $ / sqft: $711 low | high Med: $591 On site: 8 low | high Med: 804 | |
