612 W Drew Street, Lantana, FL 33462
Listing Snapshot
| List Price | $569,000 |
| Price / Sq Ft | $711 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 800 sqft |
| Year Built | 1957 |
| Property Tax | $5,296/yr |
| MLS # | 1189247693 |
| Status | Active |
About This Home
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.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Duplex
- Stories
- 1
- Parking Spaces
- 4
- Zoning
- R15 (cit
- Utilities
- CableAvailable
- Subdivision
- GREYNOLDS HIGHLANDS
Interior Features
- Flooring
- Tile
- Heating
- Central,SeparateMeters
- Cooling
- CentralAir
Exterior Features
- Construction
- Block
- Exterior Features
- OutdoorLivingArea
- Roof
- Shingle
- Lot Features
- FruitTrees
- Patio / Porch
- Patio
- Fencing
- Fenced
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 5640
Schools
Map
Virtual Tour
View Virtual TourMLS# 1189247693 · BEACH
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Estimate Your Payment
20% down · Loan: $455,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.