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$ 555,000
Est. payment /mo
Price Dropped by $14K
612 W Drew St Lantana, FL 33462
800 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 800 sqft
Price per Sqft $693
MLS Listing ID 11960852
Year Built 1957
Annual Tax Amount $5,296
Tax Year 2025
Property 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.
Location
State FL
County Palm Beach County
Rooms
Dining Room 0
Kitchen 0
Building
Story 1
Sewer Municipal
Water Municipal
Structure Type Masonry - Concrete Block
Others
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12079900