Lovely duplex on a large lot at the end of a dead end street.

This property produces over $38, 000 in annual income. The two bedroom unit has Washer/Dryer Hookups. This property features central air conditioning and heat and hurricane protection for all windows. This CBS structure had a new roof installed approximately 5 years ago.

All tenants are currently on a month to month basis. The identical unit next door needs to be sold together wth this property. This nicely maintained duplex is in an excellent location. The units are easy to rent and provide a nice inco me stream. This charming property is the perfect choice for the smart investor.

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on 727 N 5th St
in Lantana, FL
Presented by David Kobrin at
South Florida R.E. Connection.


Property MLS #RX-11000753 from BeachesMLSFlex
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+ Bedrooms

Bedrooms: 0

+ Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

+ Heating and Cooling

Cooling Features: Central Individual
Heating Features: Central Individual

+ Interior Features

Flooring: Ceramic Tile

+ Exterior and Lot Features

Auto Sprinkler
Awnings
Fence
Room for Pool
Shutters

+ Land Info

Lot Description: < 1/4 Acre, 1/4 to 1/2 Acre
Lot Size Acres: 0.1524105
Lot Size Square Feet: 6639

+ Homeowners Association

Association: No
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 0

+ Rental Info

Gross Income: 38000.00
Tenant Pays: Cable, Electric, Insurance, Repairs, Sewer, Water

+ Multi-Unit Info

Number of Units: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit-1 Description: A/C Unit, Kitchen, Range - Electric
Unit-1 Furnished Description: No
Unit-2 Furnished Description: No
Unit-1 Square Feet: 600
Unit-2 Square Feet: 1000

+ Other Property Info

Annual Tax Amount: 6008.18
Source Listing Status: Active
County: Palm Beach
Directions: Lantana Road to N. 5th Street then south to end of street.
Tax Year: 2023
Source Property Type: Residential Income
Area: 5640
Source Neighborhood: MANTYHARJU LANTANA
Subdivision: MANTYHARJU LANTANA
Zoning: R15(ci
Property Subtype: Duplex
Source System Name: C2C
+ Reveal Property Sale History

Price Changed 2024-07-25
$585,000
BeachesMLSFlex

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Listed 2024-07-01
$595,000
BeachesMLSFlex

+ Commercial Info

Net Operating Income: 26000.00
Operating Expense: 12000.00

+ Building and Construction

Total Square Feet Living: 1600
Year Built: 1978
Construction Materials: CBS
Living Area Source: Tax Rolls
Property Age: 46
Property Condition: Resale
Roof: Comp Shingle
Levels or Stories: 1.0
Structure Type: Duplex
Total Area Sqft: 1800
Year Built Details: Resale

+ Utilities

Electric: Yes
Cable
Electric
Public Sewer
Public Water
Water Source: Public Water

+ Display Complete School Details

Barton Elementary School is a public elementary school located approximately 0.8 miles away.
Map directions

Lantana Middle School is a public middle school located approximately 0.8 miles away.
Map directions

Lake Worth High School is a public high school located approximately 1.9 miles away.
Map directions

Kentwood Preparatory School is a private elementary, middle and high school located approximately 0.5 miles away.
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